in a country where you don ’ t generally make payments , then your counterparty may require advance payment . To execute a real-time payment , you are essentially faced with two options : either have a business partner who is willing to advance the funds to make the payment in real time , or allocate substantial capital within those countries . Both approaches are highly inefficient . There are ongoing initiatives exploring real-time tokens or cryptocurrencies , which aim to enhance settlement efficiencies in some of these countries . However , for larger-ticket transactions , the complexity intensifies for sure .
Q . UNITELLER RECENTLY ACQUIRED OH MY CARD , WHICH PROVIDES A PLATFORM FOR GIFT CARD PAYMENTS . WHAT WILL THAT ACQUISITION DO FOR UNITELLER ?
» At UniTeller , we see ourselves beyond the scope of being solely a service provider for remittances . While we have expanded into business payments , we firmly believe in the
24 October 2023