SWIFT to open gpi to e-commerce and DLT platforms
Initial proof of concept to connect gpi with blockchain enterprise software firm R3
Brussels, 30 January 2019 - SWIFT announces a proof-of-concept (PoC) to trial gpi Link, a gateway to interlink ecommerce and trading platforms with SWIFT gpi – the new standard in cross-border payments.
gpi Link will seamlessly connect gpi members to multiple trade platforms thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation. The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while to ensure global integration and interoperability it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.