Global payment technology firm Decta has partnered with financial infrastructure provider OpenPayd to enhance its international treasury settlement operations. The collaboration aims to streamline cross-border payment processing for Decta’s extensive client base of banks, financial institutions and merchants across multiple jurisdictions.
The integration will provide Decta with advanced treasury management capabilities through OpenPayd’s financial infrastructure platform, enabling faster and more efficient international settlements. This move comes as payment processors face increasing pressure to deliver real-time cross-border transactions while managing complex regulatory requirements across different markets.
The partnership is expected to improve settlement speeds and reduce operational complexity for Decta’s clients, who handle high volumes of international transactions daily. Financial institutions working with Decta should see enhanced liquidity management and reduced settlement risk in their cross-border operations.
FXnCO Insight
Payment processors and banks utilizing Decta’s services should prepare for improved treasury settlement efficiency, potentially reducing their cross-border transaction costs and settlement timeframes in coming quarters.
Source: Finextra