{"id":550943,"date":"2023-09-14T12:11:39","date_gmt":"2023-09-14T11:11:39","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=550943"},"modified":"2023-09-14T12:11:39","modified_gmt":"2023-09-14T11:11:39","slug":"corpay-unveils-payments-gps-for-live-payment-tracking","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/corpay-unveils-payments-gps-for-live-payment-tracking\/","title":{"rendered":"Corpay unveils payments GPS for live payment tracking"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-550944 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/1632414105029-1.jpg\" alt=\"Corpay, Payments GPS, cross-border payments, push notifications, Tracker ID, FinTech news, FinTech USA\" width=\"178\" height=\"178\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/1632414105029-1.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/1632414105029-1-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/1632414105029-1-100x100.jpg 100w\" sizes=\"auto, (max-width: 178px) 100vw, 178px\" \/>Corpay, a business payments provider, has announced that Corpay\u2019s Cross-Border business has launched <a href=\"https:\/\/www.corpay.com\/\">Payments GPS<\/a>, a proprietary tracking technology that allows clients and partners to monitor payments in real time.<\/p>\n<p>Leveraging innovative technologies, including SWIFT GPI (Global Payments Innovation), Payments GPS allows for a comprehensive infrastructure for clients and partners to continuously monitor payments. It provides an intuitive user experience, API Suite, and push notifications \u2013 making payment tracking more convenient than ever before.<\/p>\n<p>\u201cWe have witnessed a high demand for transparency in the cross-border payments space. Our vision for Payments GPS is to provide clients and partners with one interface where they can track all payments across Corpay\u2019s networks,\u201d said <strong>Corinne MacMillan, Chief Product Officer, Corpay\u2019s Cross-Border Solutions<\/strong>. \u201cAnd we don\u2019t plan on stopping here. We\u2019re on a mission to continue improving our infrastructure and data-sharing across all networks so we can continue delivering leading-edge transparency.\u201d<\/p>\n<p>Core benefits of the product include:<\/p>\n<ul class=\"bwlistdisc\">\n<li>Transparency:\u00a0Provides real-time <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/cashfree-payments-brings-1-step-upi-payment-solution-for-mobile-first-smes\/\">payment<\/a> status from initiation to settlement and allows clients to monitor each step of the journey.<\/li>\n<li>Centralized platform:\u00a0Clients can access secure, thorough, and reliable information about the movement of payments across banks, including BIC codes, payment received and released dates, deductions, FX rates, and credited amounts.<\/li>\n<li>Knowledge: Provides detailed insight into bank fees and other charges upfront, enabling clients to make more informed decisions.<\/li>\n<li>Certainty:\u00a0Real-time tracking ensures up-to-date information and gives clients confidence that the payment was successfully delivered to the recipient.<\/li>\n<li>Convenience:\u00a0Enables a superior self-serve option for clients and partners, which allows for\u00a0better exception handling and reduces investigation time and cost.<\/li>\n<\/ul>\n<p>Providing a transparent self-serve platform for clients will also tremendously reduce the number of payment investigation cases opened for Corpay\u2019s internal operations team.<\/p>\n<p>\u201cIn today\u2019s world, transparency is everything. At Corpay, we want our clients to have the same level of visibility and knowledge about the status of their payments as we do,\u201d said <strong>Mark Frey, President, Corpay\u2019s Cross-Border Solutions<\/strong>. \u201cPayments GPS marks the first step in our endeavors to build comprehensive infrastructure aimed at increasing transparency throughout the payment process.&#8221;<\/p>\n","protected":false},"author":35778,"featured_media":550944,"parent":0,"template":"","categories":[11384,11397],"tags":[23255,11668,21391,35274,38909,38910,38911],"class_list":["post-550943","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-payments","category-saas","tag-corpay","tag-cross-border-payments","tag-fintech-news","tag-fintech-usa","tag-payments-gps","tag-push-notifications","tag-tracker-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corpay unveils payments GPS for live payment tracking<\/title>\n<meta name=\"description\" content=\"Corpay, a business payments provider, has announced that Corpay\u2019s Cross-Border business has launched Payments GPS\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/corpay-unveils-payments-gps-for-live-payment-tracking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corpay unveils payments GPS for live payment tracking\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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