PayNetX
Our Vision:
A Global underlying and truly Interoperable Value Transfer & Settlement Infrastructure.
One that seamlessly bridges all existing & upcoming currencies, systems and other forms of value, serving as the backbone of the global financial ecosystem. For the first time in history, delivering previously unseen Instant Cross-Border Settlement results and Real-Time Intraday Liquidity Management Data.
At PayNetX, we envision a future where global transfer of value transcend the limitations of time and borders, unlocking unprecedented efficiency and reliability. Although the pain points addressed by PayNetX have persisted for decades, the global banking community started taking a more serious look at them following the release of the G20 cross-border payments roadmap and the targets to be met by 2027. Moreover, with technological advancements, financial institutions have realized that new technologies have significant potential to improve operations. Consequently, market leaders established innovation divisions within their organizations, leading to a race in solutions with various implications that could make a positive impact in different ways.
However, none of the solutions is based on the current market conditions but rather on the assumption of Central Bank Digital Currencies (CBDCs) being issued and adopted at some point. Currently, a large percentage of central banks are working towards CBDCs without even focusing on the actual pain points. There is no clear direction on how CBDCs will solve transaction costs and settlement times for international payments.
We believe that this market trend and euphoria will persist and If we don't act now, in the very near future, the global financial ecosystem will likely end up in a situation where there are multiple solutions to specific pain points, but all operate in silos.
In other words, solving one problem could create five more problems.
Our Mission is to Accelerate the World's Transition to Seamless, Cost-Efficient, & Borderless Value Transfer.
To ensure smooth transitions and seamless operations, we are building a truly interoperable underlying Value Transfer Infrastructure (VTI). VTI is a new term we have incorporated to distinguish ourselves from the crowd and to describe an advanced Financial Market Infrastructure that aligns with our vision for the future and PayNetX's capabilities to seamlessly bridge all existing and upcoming currencies, systems, and other forms of value, serving as the backbone of the global financial ecosystem. Powered by our own Private-Permission Based Decentralised Trigger Chain (P2DTC), for the first time in history PayNetX delivers previously unseen instant settlement results and real time intraday liquidity management data.