- Leading payments network EMQ has announced that it will be taking its services to more than 170 global markets thanks to the launch of Global USD Wires.
- The target market for this new service is likely to be financial institutions, enterprises and others, according to press reports.
- “With high demand from our customers, we have been working hard to deliver this exciting offering, which also marks a major milestone for our payments capabilities,” said a senior figure at the company.
EMQ, a leading payments network and provider of international money transfer services, has announced a big expansion of its current global payments services.
The firm said that it will be taking its services to more than 170 global markets thanks to the launch of Global USD Wires.
The target market for this new service is likely to be financial institutions, payments businesses and marketplace-type services, the idea being that these organisations will be able to make US dollar payments internationally.
EMQ has been building its presence across various markets. It currently operates in the European market; major Asian territories such as China, Singapore, Nepal and South Korea; and parts of Africa.
The firm describes itself as a “global fintech company that enables businesses of every size to efficiently move money and deploy end-to-end financial services from anywhere in the world, leveraging our expansive global network”.
In a statement, Steven Liu, the global head of networks and expansion at EMQ, said that the new service would allow customers to boost their global offerings.
“Our new Global USD Wires service will help our customers expand their offerings faster, drive down cost barriers and scale efficiently across multiple markets, and we look forward to supporting their growth,” he said.
“With high demand from our customers, we have been working hard to deliver this exciting offering, which also marks a major milestone for our payments capabilities," he added.
“We will continue to invest in new products and expand the breadth of currencies to support more of the payments value chain, while providing an even more seamless, reliable, and cost-efficient experience for businesses across all verticals."
To discover more about the fast money transfer sector, including how it can help you get what you need in terms of moving cash, just head over to our money transfer reviews section, where you’ll be able to see all of the information.
