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Security is one of the biggest concerns consumers have when using fintech services. Learn about how borderless™ keeps your sensitive banking information safe and private for every transaction you make. 

Security Is Important to Us

We understand how important security is, not just for our clients, but for anyone using a financial technology service like borderless™. 

To make transactions, online consumers often have to share their private credit card number or bank account information, which exposes them to various payment fraud, identity theft, or cyber attacks.

At borderless™, we are committed to keeping your information safe and private, so that you can have a peace of mind using our services. 

Here are the top 5 ways we keep your money safe and private. 

5 Ways borderless™ Keeps Your Money Safe

1. Direct deposit to your bank account

You trust your bank and so do we. borderless™ directly deposits funds into your bank account, avoiding intermediaries. We have a simple goal: to transfer your funds in the most efficient and affordable way possible for you. Having less intermediaries not only saves you time and money but also reduces risk. 

In addition, borderless™ does not have a wallet, avoiding delaying transfers or risking your funds being frozen. 

2. Never share sensitive banking information

The more you share your private information to merchants, the more you expose yourself to information theft and fraud. This risk is amplified for international transactions as you need to share private bank information with suppliers you may have never even met.

With borderless™, we protect your sensitive banking information by not sharing them with merchants, clients or suppliers. We ensure you and your money are secure by connecting payments from sender to receiver without ever exchanging bank details.

To make transactions through borderless™, all you need to do is log into your online banking account once when you first make an account with us. Afterwards, you never have to share your sensitive bank account information, such as routing number or account number with anyone to receive or make payments online.

That’s right, invoices no longer contain your private sensitive information. 

3. Verified networks 

There are plenty of horror stories about clients sending money for products that never arrive. With borderless™, you never have to worry about paying money to fraudulent businesses or individuals.

We verify the people with whom you do business to make sure they are who they say they are. Every individual and business that creates an account with us is screened and verified by our compliance team.

With our verified networks, you can rest assured that your money will end up where it should be. Our world-class team of risk management experts ensures your payments go where they need to, as smoothly as possible.

For additional peace of mind, payments through borderless™ can be easily refunded for free. 

4. Advanced data encryption tools & trusted financial partners 

borderless™ uses bank-grade security protocols and highly sophisticated data encryption tools to keep your information and transactions secured. We uphold the highest privacy and security standards, and this means choosing the best technology and partners for our users. 

borderless™ partners with leading financial institutions, ensuring our services are secure and worldwide. Our financial partners are licensed and regulated in over 180 countries, keeping your information safe in whichever country we operate. 

5. Payment tracking

We have also heard horror stories about business-client relationships deteriorating due to payment conflicts. Have you ever encountered a client saying they paid while you never received the payment? With borderless™, everyone has visibility of the payment process from start to completion. All parties can track payments in real-time end-to-end with email or webhook notifications.

The borderless™ team is committed to keeping you and your money safe with the highest privacy and security standards. Create your borderless™ account today using the code GETSTARTED21 here, and have peace of mind knowing you are in good hands.

Get borderless!