The technology powering international payments, though, invisible to customers, determines whether money moves quickly, securely and reliably across different countries.
For cross-border payments company Wyrr, that technology has become one of its biggest competitive advantages as the firm surpassed $400 million in processed transactions.
At the centre of that growth is a software architecture designed to solve one of the payments industry’s most difficult problems, that is, building a platform that can connect different payment providers, support multiple currencies and expand into new markets without having to rebuild the system from scratch.
Wyrr said the technology, developed under the leadership of its former head of technology, Babatunde Esanju, now supports transfers across 10 countries, multi-currency digital wallets and payments to more than 500 service providers in Canada.
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The company has processed more than $400 million in
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