TLDR:
– XSquare, a B2B payments fintech, has partnered with Reltime, a Web3 and Layer 1 Blockchain platform, to enhance security, transparency, automation, and accuracy in B2B payment solutions.
– XSquare is building an omnichannel platform to automate payment processes and streamline payment flows for domestic and cross-border payments using cards or account rails.
XSquare, a B2B payments fintech, has announced a partnership with Reltime, a Web3 and Layer 1 Blockchain platform, to improve security, transparency, automation, and accuracy in B2B payment solutions. The collaboration aims to enhance XSquare’s offerings, including transaction processing, accounts bookkeeping, and ledger management. XSquare is building an omnichannel platform for businesses to automate their payment processes and reconcile payment flows for domestic or cross-border payments. The platform offers easy integrations with multiple ERP platforms and aims to provide efficiency, time, and cost savings to businesses, enabling them to focus on their core activities. The partnership aims to run the first customer pilots in the summer of 2024, with XSquare’s solution becoming the de-facto B2B payment solution for all businesses globally.