Partior and Nonghyup Bank Partner to Enhance Cross-Border Payments with Blockchain Technology

November 13, 2024

As the global economy continues to evolve and international transactions are essential for connecting local businesses with global markets, the need for faster, more secure cross-border payments has never been greater.

We are pleased to announce our partnership with South Korea's Nonghyup Bank, which will enhance cross-border remittance and payment services through blockchain technology. With Partior's 24x7 availability and atomic settlement features, we ensue real-time processing and settlement with no cut-off times, which help reduce costs, improve transaction speed, and increase transparency for all parties involved.

This partnership is focused on harnessing the transformative potential of blockchain to address the unique challenges of the Korean market. Together, we will share key insights, market trends, and use cases, and create new cross-border opportunities that will help businesses and consumers in Korea fully benefit from blockchain technology.

At Partior, we are committed to streamlining international payments, making them more efficient, secure, and cost-effective. The signing of this partnership marks an exciting milestone. NongHyup Bank's Mr. Lee Seok-Yong and Partior's Ms. Stella Lim were present to officially launch this collaboration.

We look forward to collaborating with NongHyup Bank to bring innovative solutions to our customers, while contributing to the bank's leadership in financial innovation.

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