Global Payments Network EMQ to Launch Global USD Wires to expand International Payments Capabilities

Global payments network EMQ today announced a major expansion of its international payment capabilities to over 170 markets with the launch of Global USD Wires. This enables enterprises, financial institutions, payments businesses and marketplaces to effectively disburse USD payments globally, accelerate the time-to-market and build a wider customer base to drive new revenue streams.

"Our new Global USD Wires service will help our customers expand their offerings faster, drive down cost barriers and scale efficiently across multiple markets, and we look forward to supporting their growth," said Steven Liu, Global Head of Networks and Expansion, EMQ.

"With high demand from our customers, we have been working hard to deliver this exciting offering, which also marks a major milestone for our payments capabilities. We will continue to invest in new products and expand the breadth of currencies to support more of the payments value chain, while providing an even more seamless, reliable, and cost-efficient experience for businesses across all verticals," Liu added.

The latest development is part of EMQ's ongoing initiatives to bolster its network infrastructure and multi-currency footprint across the world. The company is currently licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada.