Axis bank ties up with Earthport

India’s third largest private bank, Axis bank has tied up with Earthport Plc, a cross-border payment network. With this tie up, Axis bank looks forward to enable faster outbound cross-border payments for its customers. Earthport Plc has a state-of-the-art global payments network, which spans over 60 countries.
Axis bank has become the first bank in India, who connects with Earthport. The bank joins a growing network of major banks across the globe that can send payments to almost any bank account in the world on behalf of their clients, through a single connection with Earthport. It delivers a faster, more efficient, and cost-effective service.
The tie up can be seen as the entry of Earthport in India with a strategy to become the preferred provider of cross-border payment services to major banks, financial institutions, eCommerce companies and other payment gateways.
“Through this strategic partnership with Earthport, we shall offer our customers faster remittances with complete transparency on the final amount and time taken to credit beneficiaries overseas with real-time end-to-end tracking,” said Sidharth Rath, Group Executive, Corporate Banking, Axis Bank.