currency cloud London based partner Quid global Support the launch of Global Wallet.
Quid provides a single sign-on platform for small and medium-sized (SME) communities. The platform enables banking for small and medium-sized businesses that operate international businesses. Quid Global Wallet facilitates local and international currency accounts in addition to money transfer services.
Currencycloud integration makes this feature possible. visa-Acquired Currencycloud for SMEs multi currency Wallet and ability to convert between EUR, GBP, USD, CHF, AUD and NZD currencies.
Quid is leveraging Currencycloud’s capabilities to expand its global presence and increase the number of currency accounts it offers.
This, combined with the company’s single sign-on capabilities, brings a wide range of international capabilities to users of the platform.
“Our digital ecosystem is designed to speed time to market,” says Quid Managing Director. Simon burn“The platform allows customers to manage core areas of their business from a single platform.”
Global Wallet is “a key product in the ecosystem that supports the success of new businesses and facilitates payments for customers,” Byrne continues.
Nick CheethamCurrencycloud CRO added:
“The Quid and Currencycloud partnership gives even the smallest companies the opportunity to do just that.”
Currencycloud has formed similar partnerships with open finance networks and payment platforms. plaidThe October 2021 partnership provided a solution for UK companies such as brokers, fintechs and banks to operate in multiple currencies.
Our partnership with Plaid simplifies the payment process by allowing customers to fund their accounts without leaving the platform.
By incorporating Plaid’s Payment Initiation Service (PIS), Currencycloud customers can withdraw money directly to their accounts from any bank.
After integration into Currencycloud Direct, this solution will be available across the Currencycloud platform.