RedotPay has selected OpenPayd to enhance its treasury operations and cross-border remittance services.
The company will integrate OpenPayd’s financial infrastructure to streamline how users move funds between local and digital currencies.
This collaboration aims to strengthen RedotPay’s backend payment infrastructure by optimising liquidity management.
Through this integration, the platform expects to process transactions securely and without delays, enabling faster multi-currency payment options for its users.
By drawing on OpenPayd’s capabilities, RedotPay intends to offer a single platform that connects traditional banking with digital finance.
The company noted that this infrastructure will support its ongoing global expansion while maintaining a flexible payment experience.
“Our goal has always been to make digital finance accessible and practical for everyday use,”
said Jonathan Chan, Head of Partnerships and Co-Founder of RedotPay.
“By partnering with world-class infrastructure providers, we are removing the friction from cross-border payments.”
Lux Thiagarajah, Chief Commercial Officer at OpenPayd, highlighted the growing importance of interoperability for internationally expanding payment firms.
“As they continue to scale globally, the ability to move seamlessly between payment rails, currencies and stablecoins becomes a competitive advantage,”
Thiagarajah said.
“OpenPayd is proud to provide the infrastructure that enables RedotPay to deliver faster, more efficient and more flexible money movement for customers around the world.”
Featured image credit: Edited by Fintech News Hong Kong, based on image by Frolopiaton Palm via Magnific