While looking at the bank account statement of a traditional bank, it lacks the detailed
the reasons and the
identities of the parties related to a payment that took place.
Because PayServices' global trade platform standardizes trade related data and links the wallet
PayServices is capable to deliver a very detailed compliance and assessment package
such as banks,
insurers, brokers, and others, that are involved in a commercial transaction.
Therefore; PayServices provides higher confidence, visibility and transparency on a transaction
non-repetitive data. In other words, PayServices serves as a central repository for
trade and compliance
related information for the parties involved on both ends of the transaction.
PayServices has the ability to identify specific individuals and organizations under
rather than doing a
blanket countrywide exclusion.