Align Commerce, a US-based global payments provider, has announced the establishment of payment rail to the United Kingdom, enabling businesses in the UK to send money to the US and over 60 other countries.
According to the official release, businesses in the US and the UK will leverage Align Commerce’s multi-rail technology that combines the blockchain with traditional payments to enable simple invoicing and real-time payments tracking.
"The UK, was one of the most requested payment corridors by our customers," said Marwan Forzley, CEO and co-founder of Align Commerce. "The US is the UK’s largest exporting market and small businesses need a cheaper, easier and more convenient way to transfer money, we are delighted to offer our clients this much needed service."
The value of bilateral trade between the U.S. and the UK surpassed $113 billion in 2015. The company said that the payment rail to the UK is enabled in time for the businesses money transfer period of the year. Align Commerce is offering businesses $100 off any invoice paid from December 8th to the 31st between the US and the UK.
Align Commerce is engaged in providing a cheaper, faster alternative for small businesses to make international payments with its proprietary technology, which utilizes the blockchain to send and receive money across borders and currencies. Besides payment rail to the UK, it has established US/ Mexico payments corridor, Brazil payment corridor, and China corridor.
