Centiglobe
Centiglobe enables banks and payment providers to move beyond traditional cross-border payment infrastructure with a fully permissioned, blockchain-based network for global, two-way payments – instant, secure, and free from intermediaries.
Built on tokenized deposits, Centiglobe Connect gives members access to Mastercard Move and a global marketplace of licensed financial institutions through a single API.
Members can offer and access local collection and payment services across markets, unlocking new revenue streams, reducing capital lock-up, and eliminating counterparty risk.
Services
Centiglobe’s solutions enable regulated payment providers and banks globally to do instant, predictable, secure and cost-efficient cross-border payments. By integrating to Centiglobe Connect, the innovative cross-border payment platform powered by blockchain and tokenized deposits, one API integration enables access to Mastercard Move’s pay-out markets and peer-to-peer connection to all other participants on the platform.
The solution enables:
- Global pay-in service for cross-border payments
- Instant, predictable, secure and inclusive cross-border transfers with no cut-off times.
- Decreased dependency to other platforms, intermediaries and correspondent banks.
- Automatic and seamless prevalidation of payments
- FX-agnostic: Automatic and seamless streaming of FX, integrated by Centiglobe to the platform
- Low marginal cost per transaction. Small payments at low cost
- Multilateral and multi currency netting
- Effective use of capital - reduction and centralisation of prefunding
- Elimination of counterparty risk through unique governance and solution design
- New revenue streams through offering your local financial services such as pay-in/collection, payout capability and local IBANs to other platform members
regions
Global
countries
Sweden
Information about listed partners is provided as a convenience and for informational purposes only, may not include all Mastercard Move partners, and is based on information provided by each partner organization. Mastercard is not responsible for the accuracy of such information. All brand names and logos are the property of their respective owners, are used for identification purposes only, and do not imply product endorsement.
