In recent years, the covid-19 pandemic, geopolitical tensions, and disruption of global supply chain has accelerated the pace of digitalisation in businesses. These businesses are moving online and adopting alternative payment solutions to meet the challenges of rising operational costs including inefficient cross-border payments. In tandem to this paradigm shift, the growth of Web3 provides better technology for alternative payments including the use of blockchain for payment and settlement.
Over the years, our team have witnessed how the payment landscape is changing, but lacks the ideal solution that would truly benefit local merchants and drive global flow of money with new technology.
