Cross Border Payment Traffic news and trends

SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic

May 24, 2018
Quick Reads
SWIFT gpi Accounts For 25 Percent Of SWIFT Cross-Border Payment Traffic

May 24, 2018
SWIFT announced Thursday (May 24) that 25 percent of all SWIFT cross-border payment traffic is being sent over the global payments innovation — or gpi — in the 15 months since the service was rolled out. In a press release, SWIFT said gpi has been the biggest change to come to cross-border payments in the past thirty years and enhances the customer […]