EMQ’s global network infrastructure delivers faster, more transparent cross-border settlements for enterprise customers across the world
HONG KONG & SINGAPORE, May 14 (Bernama-BUSINESS WIRE) — EMQ, a global financial settlement network, rolled out its new enterprise payment solution with same day settlement capabilities in local currencies across eight countries – China, Singapore, India, Indonesia, Malaysia, 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.
“Enterprises are increasingly international in scale and it is fuelling the explosive growth in cross-border B2B payments — valued to exceed US$218 trillion by 2022¹. Given today’s B2B payments process remains cumbersome and friction-filled, enterprises will need a robust network infrastructure like EMQ that combats the complexities in processing real-time international payments,” said Max Liu, co-founder and CEO of EMQ. “Pairing the capabilities of EMQ’s extensive global reach and local market expertise, the business community can take advantage of our enterprise settlement solution for compliant and efficient cross-border transactions while quickly scaling in multiple markets.”