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What is borderless?

We offer a comprehensive online payment processing system that enables both domestic and international direct debit transactions, making it easy to facilitate pull-payments. By using our service, businesses can accept bank payments online and may even see their processing fees decrease by as much as 67%. You can manage payments like a local business without the complexities of setting up foreign bank accounts. Our platform allows for the simple creation of payment links or the use of our e-commerce plugin for effortless integration. Customers can conveniently make payments directly from their bank accounts with a single click, ensuring that funds go straight into your account. You will also have real-time visibility of your payment statuses at all times. By the year 2021, it is anticipated that bank transfers will rank as the second most preferred alternative payment method in the e-commerce space. Moreover, businesses that implement our borderless payment solutions may experience up to a 30% increase in conversion rates. Interestingly, there has been a 16% decline in credit card usage, signaling a significant shift in consumer preferences away from conventional payment methods. This downturn in credit card dependence highlights the critical need for businesses to adapt to emerging payment trends to remain competitive in an ever-changing market landscape. As consumer habits evolve, embracing these new payment solutions is not just beneficial but essential for sustained growth.

What is Mojaloop?

We are excited to present an innovative open-source platform tailored for effortless connectivity within a real-time payment ecosystem. Our vision is to provide cost-effective digital payment solutions that cater to banks, businesses, governments, and individuals worldwide. To learn more about our initiatives, please visit Mojaloop.io. Many individuals without bank accounts often rely on numerous small transactions, which typically do not attract the interest of conventional banks. Mojaloop distinguishes itself as a robust open-source framework that promotes interoperability among different Digital Service Providers (DSPs) and their clients. With a thoughtfully crafted reference architecture that embodies the principles of the level one project, Mojaloop presents an economical alternative for overseeing real-time payments and settlements. Payment hub operators can harness this technology to implement revolutionary and inclusive financial services within their communities. This platform is open to any licensed Digital Financial Service Provider (DFSP) in the nation, encompassing both banks and sanctioned non-bank entities, thereby broadening financial access for all. Ultimately, Mojaloop aims to improve financial inclusion and stimulate economic development among marginalized populations, fostering a more equitable financial landscape. By bridging the gap between traditional financial systems and underserved communities, we hope to create lasting change in the way people engage with their finances.

Media

Media

Integrations Supported

Apache Camel
Mule ESB
WSO2 Integrator

Integrations Supported

Apache Camel
Mule ESB
WSO2 Integrator

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

borderless

Date Founded

2016

Company Location

United States

Company Website

getborderless.com

Company Facts

Organization Name

Modusbox

Company Location

United States

Company Website

modusbox.com/mojaloop/

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

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