SECURITY
It’s down to the wire: an unrivaled infrastructure that facilitates the secure movement of money across borders
Security
It’s down to the wire: an unrivaled and agile infrastructure that facilitates xBorder movement of money
Redundancy & Robustness
Our Tech Stack can help large and small companies, securely move money and facilitate disbursements in some of the world’s most difficult-to-service corridors.
In fact, we have deep expertise in the difficult-to-service countries. In some regions, we have unmatched capabilities – thanks to 20+ years working in partnership with banks & regulators. Our technology and systems were built to service hard to reach markets in Latin America, Asia, and Africa with secure and fast service. In each market, our systems are plugged into local ACH infrastructures, real-time payments arrangements, e-wallets, ATMs, or retail points that enable us to provide ample redundancy & robustness, to ensure benficiaries get their money quickly and easly. With redundancy we are able to significantly reduce the risk of business disruption. In short, securing your transactions is our top priority.
Illustrative example:
A large e-commerce firm holds their funds in a bank account; Via one simple direct connection into SPS’s platform, funds are withdrawn from the account and are dispersed securely to multiple beneficiaries around the world at the same time. These beneficiaries will receive an email, SMS, or mobile ‘push’ notification that funds are available in their account. If beneficiaries do not have a bank account, they can access their funds by check, in their e-wallet, in-person at multiple cash pick up points, via branded prepaid cards and/or at automatic teller machines (ATM).
Redundancy & Robustness
SPS can help large and small companies, move money and facilitate disbursements in some of the world’s most difficult-to-service corridors.
In fact, we have deep expertise in the difficult-to-service countries. In some regions, we have unmatched capabilities – thanks to 20+ years working in partnership with banks & regulators. SPS specializes in Latin America, Asia, and Africa with preferential rates and fast service. We have multiple partners in each market, enabling us to provide ample redundancy & robustness, significantly reducing the risk of business disruption.
Illustrative example:
A large technology company receives multiple transactions in one account; SPS works with the company to ensure funds are then distributed correctly to designated countries anywhere that payout is required by the company. SPS distributes funds to multiple beneficiaries instantly in designated countries. Beneficiaries will receive an email, SMS, or mobile ‘push’ notification that funds are available in their account. If beneficiaries do not have a bank account, they can access their funds by check, in-person at multiple cash pick up points, via prepaid cards and/or at automatic teller machines (ATM).