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We provide a banking platform with card, insurance and payments (just like your regular everyday bank account), our payment is built on real time rails that mos
by Lopsii 2y ago
We provide a banking platform with card, insurance and payments (just like your regular everyday bank account), our payment is built on real time rails that most banks have access to. What people don't know is that almost all banks can do this but don't provide the service for everyone.
Real time rails allow up to $10M in payments for almost zero dollars but banks add their premiums.
Does that answer your question?
- vednig 2y agoThe providers for payment rails charge a percent of transaction so how is that reduced in your service. Based on this article https://tipalti.com/resources/learn/payment-rails/ https://tipalti.com/resources/learn/payment-rails/
- Lopsii 2y agogreat point. Banks operate on the fednow rail. that's one provided by the government. They are fix rates and very low