Payline Financial offers a suite of foreign exchange and payments products tailored specifically to domestic payment providers. These companies can now meet the international banking needs of their corporate and institutional clients by integrating a range of web based user friendly foreign exchange services under their own brand name umbrella, providing a seamless user experience to their current customers.
Payline delivers a customizable foreign exchange and global payments web based application; a comprehensive real-time foreign exchange settlement platform that can support any payments provider’s non domestic payment transactions.
Payline’s straight through processing solution enables payment providers and their clients to buy or sell G7 currencies on both a spot and forward basis, create wire templates, submit wires and access a complete suite of reporting tools. The application is fully compliant with international money laundering regulations and offers automatic OFAC screening for wires.
Payline’s turnkey solution delivers the infrastructure to support the international needs of any payment provider’s business clients via a web based connection to our foreign exchange trade execution and payments platform.
The service adds value because it provides final payment settlement to non domestic beneficiaries. Payline provides real-time exchange rates, manages trade execution, and initiates settlement instructions on behalf of payment providers that, in turn, can now provide foreign exchange services to their clients. Although Payline can handle all aspects of the service under an outsourcing agreement the application may be managed under the brand name of the payment provider if required. Payline provides the tools that allow payment providers to access a new source of revenues without the complexityof managing the front and back office operations required to process foreign exchange transactions. Moreover, their clients can now access a suite of complementary services. |
