IDEMIA Secure Transactions launches solution to enable seamless cross-border payments
NEW DELHI: IDEMIA Secure Transactions (IST) on Friday launched the “Scheme Interoperability” solution to make cross-border payments seamless between international and local entities.
“Inspired by telecom roaming and instant payment models, it allows users to pay abroad with their preferred payment method with the same ease and flow they get at home,” the company said in a statement.
The solution comes in response to a fragmented infrastructure and limited acceptance of regional digital wallets, impeding their expansion in international markets.
