S. Korea’s MOIN Partners Currencycloud to Enhance Cross-Border Paymentsby Fintech News Hong Kong August 22, 2023
Currencycloud, a provider of B2B embedded cross-border solutions, and South Korean cross-border payment company MOIN join forces to make cross-border payments faster, cheaper, and more secure.
MOIN aims to reduce the cost of remittances for its customers. By tapping Currencycloud’s competitive FX rates, MOIN will be able to respond to fluctuations in the FX market 24/7.
Furthermore, MOIN can now process more than 33 currencies through Currencycloud instead of a range of providers, allowing a faster, more cost-effective remittance service.
Ilseok Suh, CEO of MOIN said,
“Our strategic approach is to enhance our services to improve customer satisfaction and be an innovative provider of cross-border payments and foreign exchange.
Collaboration with Currencycloud not only provides a fast remittance at low cost, but also offers MOIN significant peace of mind concerning global regulatory compliance and anti-money laundering measures as we expand and enhance our services.”
Rohit Narang, Managing Director of APAC at Currencycloud said,
“MOIN is continuously investing in innovation and strengthening its payment network to deliver superior quality services to its customers.
We are delighted to be part of their solution as they continue on their path of global expansion.”