Knox Wire and GlobeTopper announce $50m global payment partnership

By Edlyn Cardoza

GlobeTopper and Knox Wire recently announced a global payment partnership. The collaboration will power payout capabilities worldwide.

GlobeTopper is a prepaid B2B gift card concierge firm that helps clients navigate the ever-evolving digital payments landscape. They help their clients grow their businesses by providing them API access to an extensive and evolving catalogue that includes brands from across the globe and a broad range of verticals.

Knox Wire is the ideal option to process payments to nearly 30,000 financial institutions across 190 countries. Knox Wire’s real-time gross settlement system keeps track of the progress of every transaction in real time, ensuring rapid payments and information exchange across a global market.

The partnership, orchestrated by Zed Network, will facilitate same-day payouts in 190+ countries for GlobeTopper. GlobeTopper will utilise Knox Wire’s payout system and FX services to add new providers and expand available products.

Knox Wire’s Chief Executive Officer, Stephen McCullah, said, “The partnership between Knox Wire and GlobeTopper is an exciting opportunity to allow both companies to provide better financial services globally in a dynamic digital payments environment.”

GlobeTopper seeks to assist clients in maximising their value in the digital economy. By accepting currencies such as USD, EUR, GBP, and CAD, GlobeTopper is proud to be a forerunner in the future of digital payments. Bearing the timeous nature of payments in mind, GlobeTopper can ensure that services run seamlessly.

Knox Wire is a cross border payment system combining the financial messaging capabilities of Swift with the real time gross settlement capabilities of the most potent RTGS systems.