Payment solution for international businesses

Logistics and FinTech, 13 December 2017

PwC’s Digital Services

- International wire transfers are expensive

- Banks can take a week to credit payment for bookings

- Opening local entities and bank accounts difficult

€

The problem

Root cause: correspondent banking

The current process is expensive, slow, and complicated

A “Tikkie” for businesses –

bank transfers as easy as sending

email

“

How does Kable work?Example of a blockchain settlement for invoice collection

Localbank

Local currency(Instant Payment)

Country border

Local KablePartner

EUR(SEPA transfer) NL

bankLocal bank and

BTC wallet BTC

Sender Recipient

BTC wallet and EUR bank

High speed global transfers in 4h

Improved customer experience

“Hands down the best way to pay high value invoices to companies operating globally.”

– Travel agency –

“

Results

€ 80% cost saving compared to wire transfers

The AmericasArgentina

Brazil

Canada

Chile

Mexico

Peru

Europe28 EU countries

Switzerland

Asia Pacific Australia

Cambodia

China

Hong Kong

India

Indonesia

Japan

South Korea

Malaysia

Nepal

Pakistan

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Middle East / AfricaBahrain

Cameroon

Israel

Kenya

Lebanon

Nigeria

Saudi Arabia

Senegal

Seychelles

South Africa

Tanzania

Turkey

Uganda

United Arab Emirates

Global access to 66 countries

as per December 2017

PAG

E 8Reach out to us on business@kable.coto improve your customer’s experience

• Save 80% on bank and FX fees• Receive payment for bookings in 4h• Reach 66 countries globally