Voice Commerce Group payment solutions arm joins SWIFT

Cashflows, the business payment solutions
subsidiary for the
Voice Commerce Group, has become a member of
SWIFT.

By joining SWIFT, the company hopes to
increase efficiency in sending payment instruction while increasing
the reach of territories and currencies it can support. The move
will also work towards improving communication with banks via SWIFT
free format messages while offering direct access to interbank
transfer.

Nick Ogden, CEO and founder of Cashflows and
Voice Commerce Group said:
“[Joining SWIFT] will allow us to provide faster and more secure
payment facilities and underline our commitment to developing our
Cashflow account as global solution for our ever increasing
business customer base”.

SWIFT members include banks, broke-dealers and
investment managers, with nearly 9,000 financial institutions
signed up in 209 countries and territories.

Cashflows said the move builds on the
relationship the company has with Visa and MasterCard and extends
the scope of its global payments network.

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