Thursday, May 14, 2020

EMQ's enterprise settlement solution accelerates international payments for businesses

KUALA LUMPUR, May 14 -- EMQ has rolled out its new enterprise payment solution with same day settlement capabilities in local currencies across eight countries.

According to the global financial settlement network in a statement, the countries comprise China, Singapore, India, Indonesia, Malaysia, the Philippines, Japan and the United Kingdom.

This major enhancement further extends the speed, transparency and certainty of EMQ’s network infrastructure into domestic markets, enabling global businesses to streamline international mass payments to capture opportunities across strategically important markets and high-growth emerging economies.

EMQ's enterprise settlement solution enables global businesses, banks and other licensed financial institutions to access same day settlement with greater certainty, transparency and speed in key strategic markets across Asia and Europe.

The company’s API infrastructure is designed with high availability to meet the needs of these enterprises with high transaction volumes, enabling them to automate their workflows to reduce operating overheads and drive down costs.

“At EMQ, we are laser-focused in delivering a network infrastructure that streamlines B2B and B2C cross-border transactions that best serve our global businesses. In the coming months, we will continue to invest and expand our enterprise capabilities to high-growth markets across the world,” said EMQ co-founder and chief executive officer, Max Liu.

-- BERNAMA

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