XLink unveils new cross-border payment service
XLink Communications, a payments technology provider, has announced the introduction of XLink Send, its first cross-border payment service.
According to the company, XLink Send is a remittance-as-a-service platform that enables banks, telecoms, retailers, and fintechs to provide economical and efficient remittance services to corporate and retail customers.
It went on to state that in an industry known for hefty costs, XLink Send prioritises affordability by allowing customers to send remittances via a range of channels such as WhatsApp, mobile apps for retail users, and a web platform for corporate clients.
"These channels seamlessly integrate into a client environment and work along their existing technology estate," the company said.
It added that Dr Thanusha Govender, who took over as CEO in 2022, has been the driving factor for the launch of a bold new vision for XLink.
The company said it has gone through a strategic transformation from a connectivity supplier to a multidimensional payment technology provider that provides end-to-end integrated payment solutions.
According to the business, these solutions include hardware, software-as-a-service, infrastructure, an aggregator connection platform, lifecycle and supply chain management, field technician networks, and call centre services, which position XLink at the forefront of payment orchestration.
Govender commented: “This was a complete reset for the organisation. The market diversification strategy impacted every aspect of our operations. It wasn’t just about changing one thing; we had to change everything to reimagine the business”
Looking ahead, XLink said it is committed to improving financial access, ensuring that financial services are available to everyone, anytime, anywhere.
It added: “With a strong foundation, visionary leadership, and a drive for innovation, XLink is poised for continued growth, remaining at the forefront of Africa’s dynamic payments landscape by delivering seamless, accessible and affordable payment solutions for individuals and businesses alike.”