TLDR:
Cybrid, a provider of embedded finance application programming interface (API) solutions, has expanded its Fintech API platform to include business-to-business (B2B) payments. The platform offers a comprehensive range of financial services tailored for B2B transactions, with features such as real-time transactions, high transaction limits, and rich remittance data. It also includes a crypto onramp/offramp for USD Coin (USDC) and bitcoin (BTC), aligning with the global trend towards digital currencies.
Key points:
- Cybrid has added B2B payment capabilities to its embedded finance API platform.
- The platform offers a range of financial services for B2B transactions.
- Key features include real-time transactions, high transaction limits, and rich remittance data.
- The platform also includes a crypto onramp/offramp for USD Coin (USDC) and bitcoin (BTC).
- Embedded finance is becoming the next phase in B2B payments.
Cybrid, a provider of embedded finance application programming interface (API) solutions, has expanded its Fintech API platform to include business-to-business (B2B) payments. This move is aimed at catering to the sophisticated requirements of modern businesses. The B2B capabilities are integrated with a know your business (KYB) process. One of the key advantages of Cybrid’s B2B payment capabilities is the ability to conduct real-time transactions with fast confirmations, ensuring that businesses can enjoy near-instant payment processing, leading to quicker access to funds and improved liquidity management. Additionally, the platform boasts high transaction limits designed to handle large-sum payments, thereby simplifying the complexities often associated with high-value transactions. Apart from these benefits, Cybrid’s B2B payment solution offers rich remittance data, streamlining record-keeping for businesses and reducing reliance on paperwork for transaction reconciliation. This feature aids in maintaining accurate financial records and simplifies the overall payment process. The platform also includes a crypto onramp/offramp for USD Coin (USDC) and bitcoin (BTC), adding flexibility to the payment rails and aligning with the global trend towards digital currencies. Embedded finance is becoming the next phase in B2B payments, with businesses increasingly focused on offering online payment methods, tools, and channels that embedded finance can easily enable.
