Huma Finance, in partnership with Arf, Geoswift, and PolyFlow, has announced the launch of a settlement solution that provides instant payouts to merchants on leading global e-commerce platforms.
Overview of the New Solution
The new settlement system, built on Huma's PayFi network, provides instant payouts for sellers in Asia. The solution allows immediate access to funds that previously arrived at least a full business day later.
Benefits for Sellers
Sellers in Asia can now receive funds within hours, not days. This addresses delays caused by time zone differences and banking hours, enabling efficient financial flows. Richard Liu, Co-Founder of Huma Finance, stated, "Global e-commerce runs 24/7, but traditional banking rails don’t."
Partnerships and Technologies
The partnership with Geoswift, specializing in cross-border transactions, and the use of technologies from Arf and Polyflow help ensure compliance with stringent regulatory standards. Raymond Qu, Founder of Geoswift, remarked, "Our merchants asked for faster settlements; we delivered and set a whole new benchmark for PSPs serving global marketplaces."
The launch of the new solution by Huma Finance and partners will change the approach to settlements in e-commerce, allowing sellers to receive funds instantly and improving financial efficiency.
