{"id":7898,"date":"2025-08-15T12:49:09","date_gmt":"2025-08-15T12:49:09","guid":{"rendered":"https:\/\/bitunikey.com\/news\/huma-arf-and-geoswift-bring-same-day-settlements-to-merchants-in-asia\/"},"modified":"2025-08-15T12:49:24","modified_gmt":"2025-08-15T12:49:24","slug":"huma-arf-and-geoswift-bring-same-day-settlements-to-merchants-in-asia","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/huma-arf-and-geoswift-bring-same-day-settlements-to-merchants-in-asia\/","title":{"rendered":"Huma, Arf, and Geoswift bring same-day settlements to merchants in Asia"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Timezone differences and banking hours often push payments in Asia to the next day. <\/p>\n<div id=\"cn-block-summary-block_a4b518f849ad617ab54e7a489e7c2038\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Huma, Arf, and Geoswift to provide same-day settlement for merchants in Asia<\/li>\n<li>Sellers on global e-commerce often have to wait a full business day to receive payouts<\/li>\n<li>PayFi Network bypasses traditional banking bottlenecks<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Traditional banking creates significant payment bottlenecks, especially in Asia. For this reason, on Friday, August 14, Huma Finance, the company behind PayFi, partnered with Arf, Geoswift, and PolyFlow to offer same-day payouts to sellers on global e-commerce platforms.<\/p>\n<p>The solution is particularly needed in Asia, home to one of the largest seller communities. There, timezone differences and banking hours often create significant payment delays. For instance, if a buyer in the U.S. initiates a payment after banks in Asia close, the seller will only receive the funds on the next business day.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGlobal e-commerce runs 24\/7, but traditional banking rails don\u2019t,\u201d said Richard Liu, Co-Founder of Huma Finance. \u201cPayFi closes that gap\u2014turning settlement delays into real-time cash flow for merchants everywhere.\u201d <\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">PayFi bypasses banking limitations<\/h2>\n<p>Huma Finance runs the PayFi network, which coordinates payouts, provides stablecoin liquidity, and embeds AML\/KYC checks for compliance. Arf provides settlement rails that bridge stablecoin liquidity with local fiat currencies.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Geoswift receives the payout triggers and funds merchant accounts as soon as the instructions are received. This enables the network to offer payments in hours rather than days.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOur merchants asked for faster settlements,\u201d said Raymond Qu, Founder &amp; CEO of Geoswift and Co-Founder of PolyFlow. \u201cWe delivered and set a whole new benchmark for PSPs serving global marketplaces.\u201d<\/p>\n<\/blockquote>\n<p>Cross-border payments have long been one of the key use cases for crypto and stablecoins. Still, the system has a long way to go. According to McKinsey, stablecoin circulation accounts for $30 billion in daily transactions, which is <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.mckinsey.com\/industries\/financial-services\/our-insights\/the-stable-door-opens-how-tokenized-cash-enables-next-gen-payments\" target=\"_blank\">less than 1%<\/a> of all money flows. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Timezone differences and banking hours often push payments in Asia to the next day. Summary Huma, Arf, and Geoswift to provide same-day settlement for merchants in Asia Sellers on global&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7898"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7898\/revisions"}],"predecessor-version":[{"id":7900,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7898\/revisions\/7900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7899"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}