PayCommerce is the leading open cross-border payments network that enables both disbursements and acceptance transactions through a single point of connectivity for its members. The PayCommerce Network consists of a banking consortium of 92+ banks in 72+ countries. Network members include: banks, financial institutions, global corporates and alternate channel providers. It is an open network where eligible institutions can join. PayCommerce also has a Premier SWIFT Service Bureau; only one of twelve worldwide. As an industry advocate for the democratization of payments, PayCommerce sits on the Federal Reserve’s Faster Payments Task Force Steering Committee. Headquartered in Edison, NJ, the firm has branches across 4 continents with employees strategically placed around the globe to support customers. Its vision is to create the largest correspondent bank network that enables faster payments for disbursements and acceptance globally. For more information on the company, please visit