PayAll Payment Systems
Payall Payment Systems, founded in 2018, provides a comprehensive platform for cross-border payments, automating risk, compliance, and operating tasks for financial institutions, central banks, and payment networks.
Payall Payment Systems Founders
Payall Payment Systems was founded in 2018. Detailed information about the founders or founding team of Payall Payment Systems is not provided.
Payall Payment Systems Services
Payall Payment Systems offers a suite of services primarily aimed at facilitating cross-border payments. The platform automates risk, compliance, and operating tasks, supporting financial institutions, central banks, and payment networks. Payall’s services include payment orchestration, digital onboarding and due diligence, real-time transaction monitoring, smart payment routing, and multiple payment funding options. The platform also features XB Perpetual KYC™, XB Precision KYT™, and XB Click for KYCC™ for comprehensive identity verification, compliance checks, and ongoing customer verification.
Payall Payment Systems History
Founded in 2018, Payall Payment Systems has quickly positioned itself as a significant player in the cross-border payments sector. In mid-2022, the company secured a $10 million seed round led by Andreessen Horowitz, demonstrating investor confidence in its innovative platform and strategic vision. Payall’s mission is to become the go-to technology and service provider for cross-border payments, emphasizing safety, efficiency, and global reach.
Payall Payment Systems Products
Payall Payment Systems offers a variety of products designed to streamline and secure cross-border payments. Key offerings include the XB Universal Payment Account for high-volume payments, XB Smart Payment Routing for automated payment routing, and XB Global Directory Service for payments using minimal recipient information. The platform supports inclusive payment options such as bank accounts, mobile money, digital accounts, cash pickup, and prepaid debit cards, providing a comprehensive solution for diverse financial needs.
Payall Payment Systems Platform Features
The Payall platform is equipped with numerous features to enhance the cross-border payment process. Notable features include integration with Mastercard Cross-Border Services, lightweight technical integration for fast deployment, and backward compatibility with existing systems. Additionally, the platform supports XB Secure Funding, XB Foreign Exchange and Global Liquidity, and XB Last-Mile Switching and Delivery, ensuring secure transactions and diverse payout options. Compliance tools like XB Perpetual KYC™, XB Precision KYT™, and XB Click for KYCC™ also enhance the platform's risk and compliance capabilities.