Ant International has joined Swift‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences.
This programme brings together various payment service providers to explore interoperability using Swift’s network and enhance payment transparency.
The initiative will explore different business scenarios involving end-to-end transaction tracking across banks and payment providers, including e-wallet use cases.
This collaboration builds on Ant International’s recent membership in Swift, further streamlining its connections to multiple banks.
Kelvin Li, Head of Platform Tech at Ant International, said,
“We are honored to be part of this programme by Swift. With this programme, we aim to leverage Swift’s existing infrastructure and Ant International’s experience and technological capabilities in cross-border and digital payments to deliver more convenient and seamless cross-border transaction experiences to merchants of all sizes, all over the world.”
Featured image credit: Edited from Freepik
