#USA #Global Payments #Circle Payments #Movantis #Houston/New York

Movantis Bolsters Financial Infrastructure with Circle Payments Network

In a significant move towards enhancing its global payment solutions, Movantis, a pioneering financial platform, has announced its participation in the Circle Payments Network (CPN). This strategic integration represents a leap forward in facilitating real-time, cross-border transactions, primarily across Latin America.

Operating as a unified financial infrastructure, Movantis specializes in enabling the movement of global value in complex market environments. The partnership with Circle not only strengthens its operational capabilities but also allows it to leverage stablecoin transactions, which are becoming increasingly vital for businesses demanding efficiency and speed in their financial operations.

Expanding Operations Across Latin America

With over $60 billion flowed through its services annually, Movantis connects to a vast network comprising more than 80,000 payout locations and 70+ money transfer operators (MTOs) across over 130 countries. By integrating with Circle’s platform, Movantis amplifies its multi-rail infrastructure and offers enterprises the ability to execute real-time cross-border payments efficiently.

According to Salvador Yañez, Chief Product Officer at Movantis, this collaboration is a significant step towards delivering compliant and effective payment solutions. "This integration strengthens our financial infrastructure and enables always-on bidirectional cross-border payment flows across Latin America and beyond, helping businesses operate and scale with greater speed, confidence, and efficiency," he stated.

The Benefits of Integration

The collaboration between Movantis and Circle Payments Network brings forth multiple advantages, particularly for companies operating in dynamic international markets:

• - Real-Time Cross-Border Payments: Businesses can initiate and complete international transactions through stablecoin frameworks, allowing for quicker payment settlements and superior liquidity management.
• - B2B and B2C Payment Solutions: A streamlined payment process is created for businesses to connect with their partners and end consumers. High-volume disbursement features cater to freelancers, wallet users, and gig workers, ensuring an efficient payment mechanism available 24/7.
• - Global Payroll Services: Movantis enables seamless global payroll and compensation distributions in various currencies, guaranteeing timely payments for all employees and gig workers regardless of their location.
• - Embedded Financial Services: Platforms can enjoy functionalities like real-time wallet top-ups and card issuance through regulated entities. This allows fintech platforms, digital lenders, and marketplaces to offer stablecoin-based financial services seamlessly.

These capabilities are delivered through Movantis' robust API-driven infrastructure, promoting operational efficiency, compliance, and security for enterprises as they integrate financial services into their platforms.

Driving Innovation in Payment Solutions

Ronald Alvarenga, Chief Innovation Officer at Movantis, underscored the significance of this partnership: "This partnership represents more than a new payment rail; it's a step toward redefining how global money movement operates. We’re building the foundation for modern money movement—one that is real-time, policy-driven, compliant by design, and globally interoperable."

About Movantis

Movantis originated from Transnetwork LLC, integrated with various specialized companies like Spectrum and Inswitch, forming a platform that unifies financial operations across Latin America. Their operations span numerous markets, offering embedded capabilities while ensuring compliance with regulatory standards. Through its strategic focus on connectivity, Movantis aims to bridge global financial ecosystems with local market access, enabling businesses and partners to interact more efficiently across diverse markets.

For more details, visit Movantis.

About Circle Payments Network

Circle Technology Services, LLC, acts as the operator of Circle Payments Network (CPN), connecting financial institutions globally to facilitate direct communication and transaction settlements. This technology service allows participating financial institutions to engage securely with one another while retaining autonomy in their transactions.

This collaboration marks an essential milestone in elevating the payment landscape, addressing the needs of businesses in an increasingly global economy, and providing them with the tools necessary to thrive in a competitive market.