Owing to the radical evolution of Fintech companies,
heightened customer expectations for value-added services, and ever-changing
regulatory landscape, the prominence of payment technologies has undeniably
risen to new heights. These dynamics are reinvigorating the traditional
financial landscape and enabling merchants to tap into the potential benefits
of nascent technologies. At the same time, moving away from conventional
methods of payments is bringing unprecedented opportunities to carry out international
trade for both sellers and buyers. Although the disruption in the payments
landscape seems stimulating for global trades, not all ventures gain from them
as stringent compliance standards often undermine the use of technologies for
cross-border transactions. Enunciating the same, Casey Seow, managing director
of AWEpay, mentions that the new breed of technologies is revamping the entire
payments space, enabling companies to cater to the untargeted market segments.
He further delineates that merchants can adopt blue ocean strategies to explore
markets that still employ conventional payment mediums.
The Helping Hand
AWEpay strives to create a payments ecosystem that not only
targets the unbanked but also provides value-added services to consumers
employing payment instruments such as debit or credit cards. Backed by a team
with over 30 years of experience in the electronic payments industry, AWEpay
brings market-proven expertise to facilitate seamless online payments for
banks, merchants, and buyers. With an impressive track record of assisting a
vast client base in Europe, Asia, and Africa, AWEpay provides targeted and
customized payment solutions for each of its customers by identifying gaps in
their respective markets. “We create solutions that are cost-effective,
convenient, and compliant with local legislation and regulations,” states Seow.
A Robust Payment Platform
AWEpay brings a single robust platform to meet the dynamic
business needs of partner banks, financial institutions, payment service
providers, prepaid card issuers, remittance partners, and money service
operators. Powered by state-of-the-art technologies, AWEpay’s unified platform
features fully automated and intuitive KYC (Know Your Customer) and KYB (Know
Your Business) systems.
Read more at : https://banking.apacciooutlook.com/vendor/awepay-fueling-the-payments-industry-cid-4219-mid-247.html
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