Working with Banking Circle, Paysafe is able to expand into new regions without the delays caused by arranging banking relationships in each new region. All settlements and payouts can be conducted through Banking Circle, in up to 24 currencies, utilising the international Banking Circle network. And further streamlining the process, payment instructions are sent to Banking Circle for processing, rather than to a list of separate, specific regional banking partners.
About Banking Circle
Banking Circle is the payments bank for the new economy, delivering payments and banking services by connecting to the world’s clearing systems.
Through Banking Circle, Banks and Payments businesses can access global cross border payments, accounts and liquidity management – delivered seamlessly through a single API with market-leading compliance and security.
Designed to meet the global banking and payments needs of Banks and Financial Institutions of all sizes.