New fintech platform launched in Canada

 The new platform claims it will enable faster, less expensive global money transactions

New fintech platform launched in Canada. Source: shutterstock.com

Today, a Canadian fintech company Buckzy Payments Inc officially announced its launch.

According to Buckzy, it facilitates international payments without additional fees, with the funds reaching the recipient in under five minutes available 24×7, 365 days a year. Buckzy also offers end users additional emerging payment options like digital wallets with mobile reload.

Some countries are further ahead than others, but overall, payments' architecture is not evolving fast enough, and we believe Buckzy is the answer to helping the sector catch up globally. The cost of this lag has been extremely significant, both to businesses and to consumers, who until now have been overcharged and inconvenienced by lack of payment options
Abdul Naushad, CEO of Buckzy Payments

In Q2 of this year, the Buckzy platform will facilitate cross-border money movement to over 14 countries from Canada to the US and Asia. Buckzy will be working with global financial service providers and mobile wallet services, to make this possible along with the ability for international bill payments for both P2P and SME’s within these same corridors.

SEE ALSO: Millennials and FinTech: startups focusing on youth

Categories: All materials Fintech News
facebook