BlindPay, a rising name in financial technology, is reshaping businesses to manage cross-border payments. By integrating with Bitso Business, a leading B2B payment infrastructure, BlindPay bridges global companies with Latin America, making financial transfers simpler and more efficient.
In 2022, global cross-border transactions reached $190.1 billion, with $39.3 billion in B2B transactions. By 2030, Statista projects the market to grow to $290.2 billion, with B2B representing $56.1 billion.
How BlindPay Works
BlindPay’s platform utilizes an API that streamlines cross-border payments, eliminating intermediaries. Its collaboration with Bitso Business empowers businesses to connect with local payment channels without requiring advanced technical expertise.
Bernardo Simonassi, CEO of BlindPay, emphasized their mission: “Helping companies transfer funds simply and directly.” Bitso’s technology supports this by connecting businesses to local banking systems for seamless transfers.
Overcoming Payment Barriers
Traditional global payment systems often struggle with fragmented banking networks, requiring intermediaries that add costs and delays. Bitso Business solves these challenges by offering a regulated platform that simplifies international transfers.
Gabriele Zuliani, Director at Bitso Business, noted: “We enable companies like BlindPay to efficiently access Latin America’s local payment systems, ensuring secure and fluid transactions.”
Early Success and Growing Impact
Since launching in July, BlindPay has doubled its monthly transaction volume by September. Supporting virtual and physical businesses, the platform facilitates transfers from the U.S. to Brazil and other regions.
BlindPay and Bitso are moving money, they’re redefining how global businesses connect and grow.
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