Fintech company VoPay has launched its cross-border payments-as-a-service solution, aimed at helping software platforms and financial institutions conduct global financial transactions without their own cross-border payment infrastructure.  

The platform supports a variety of transaction types including B2B, B2P, P2B, and P2P, in more than 140 countries and supports various disbursement methods, the company release said.  

With VoPay’s solution, businesses can embed the experience with UI components and APIs. 

Additionally, they can launch a turnkey solution in “less than two weeks”, or leverage no-code services via VoPay’s dashboard.  

The solution is designed for vertical SaaS platforms, digital marketplaces, ERP providers, payroll platforms, as well as financial institutions. 

It includes embedded payment capabilities, a “real-time” FX engine, built-in KYC, KYB, AML, and global sanctions screening, multi-party settlement, and white-label flexibility. 

Commenting on the development, VoPay CEO and founder Hamed Arbabi said: “This new solution gives our partners the ability to offer world-class international payment experiences, boosting their revenue streams while supporting their customers with faster, smarter, and safer transactions.” 

“With this solution, our partners can quickly expand into global markets and deliver a modern, secure payment offering—without the need to build or maintain the underlying infrastructure.” 

Last year, VoPay partnered with Mastercard to facilitate choice, simplicity, and efficiency for near-real-time money movement both within Canada and internationally.  

The agreement utilises Mastercard Move.