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PayRecs

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International payment platform simplifying cross-border transactions for businesses.

Overview

PayRecs operates an international payment platform that facilitates cross-border transactions for mid-size, regional, and community banks, as well as businesses that require international money transfers. The platform addresses challenges associated with manual processes that can be prone to errors and are time-consuming in the context of sending international payments. PayRecs offers a digital interface that is accessible through online banking, allowing community banks to provide services similar to those of larger national banks. The company aims to simplify and improve the global money transfer process, which may enhance operational efficiency for its users. PayRecs provides support and assistance to its clients through various communication channels.

Key facts

Founded
2017
Sector
Payments

Business model

Contact

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About PayRecs

What does PayRecs do?

PayRecs operates an international payment platform that facilitates cross-border transactions for mid-size, regional, and community banks, as well as businesses that require international money transfers.

Where is PayRecs headquartered?

PayRecs is headquartered in St. Louis, United States.

When was PayRecs founded?

PayRecs was founded in 2017.

Which sector is PayRecs in?

PayRecs operates in Payments, part of Financial Technology.

Who are PayRecs's competitors?

Companies similar to PayRecs include Supra, Fairexpay, and BriskPe.