SWiM PAY launches instant digital wallet payments

SWiM PAY has launched instant digital wallet-to-wallet payments for faster transactions and to eliminate SWIFT-related delays.

SWiM PAY announces the rollout of instant payments, providing a solution for the benefit of buyers and sellers. With this new feature, transactions between the two can now be completed instantly, eliminating the need for lengthy waiting periods and traditional payment methods.

Facilitating business growth

The potential of instant payments lies in the ability to facilitate faster delivery of goods and inventory, leading to increased sales opportunities for businesses. With traditional payment methods such as SWIFT or wire transfers, buyers often have to wait days for their payments to be processed, causing delays in the delivery of goods. With SWiM PAY's instant payments, buyers can now receive their goods immediately for a more streamlined process.

In addition to faster delivery, instant payments also offer savings on inventory and warehouse costs for businesses. With traditional payment methods, businesses often have to hold onto inventory until payments are cleared, tying up valuable resources and increasing storage costs. With the SWiM PAY solution, businesses can now receive payments instantly, allowing them to manage their inventory more efficiently and reduce costs.

Augmenting digital payments with instant wallet transfers

SWiM PAY's instant payments are made possible through its digital wallet to wallet payment system, which allows for secure and seamless transactions between buyers and sellers. This innovative feature not only benefits businesses but also provides convenience and peace of mind for buyers, knowing that their payments are processed instantly and securely.

The introduction of instant payments by SWiM PAY is a significant development in the world of digital payments, providing a faster, more efficient, and cost-effective solution for businesses and buyers alike. With this new feature, SWiM PAY continues to lead the way in revolutionising the buying and selling process.