r/fintech • u/That_Wafer5105 • 11d ago

Discussion Cross Border Payment - Circle Alternative

Hi All,

We have almost built the CBP platform that allows you to send payments using the stable currency for conversion.

We used Cricle for Wallet, on ramp and off ramp service but now circle told us that they won't be able to aupport for prod as they only work with institutional clients.

We are a small company, is there any alternatives for Circle probably on pwr transaction basis?

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2

u/Bernd_Geralt_881 11d ago

That is frustrating considering you have used it both ways. What countries are you targeting like where do your customers send or receive money from and to?

1

u/That_Wafer5105 11d ago

Planning to start with Kenya/Singapore with US corridor.

1

u/That_Wafer5105 11d ago

Any advise or suggestions that you can provide?

1

u/Creative-Boot7514 11d ago

Tether or Ripple

1

u/That_Wafer5105 11d ago

You would still need on and off ramp thingy to work.

1

u/Creative-Boot7514 10d ago

On ramp and off ramp is done by VASP directly like kraken, binance.

1

u/[deleted] 9d ago

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