Towards global payment interoperability
Payment market infrastructures (PMIs) have a critical role to play in facilitating the end-to-end tracking of cross-border payments. As soon as an international payment reaches a domestic or regional market, PMIs typically come in the picture for local clearing and settlement.
More than 55 PMIs are already delivering value for their members by exchanging gpi payments and enabling domestic exchange and tracking.
SWIFT continues to work with this community to ensure compatibility with the gpi payment specifications and to ultimately achieve global interoperability between domestic and cross-border payments services.
Deliver value for your community
By ensuring compatibility with SWIFT gpi payments, you can make sure your community can access the benefits of SWIFT gpi and deliver a transformed cross-border experience to their customers.
Supporting gpi payments also allows you to deliver real value to members of your community that have already joined SWIFT gpi.
You can facilitate the seamless transmission of gpi payments between the cross-border and domestic markets – extending the benefits of gpi right up until the local beneficiary bank – as well as enabling gpi payments to be sent through multiple channels.