Align Commerce opens Brazilian market, targeting this year's Summer Olympics

Blockchain payment service startup Align Commerce announced that it has opened the way to the Brazilian market and helped Brazilian small businesses simplify cross-border payment processes in Latin American countries. Align Commerce's multi-track technology integrates blockchain and traditional payment methods, invoicing, and real-time payment tracking. The company hopes to gain greater benefits from the huge business opportunities of the 2016 Summer Olympics in Brazil and help small businesses cut $50 billion in global business banking service costs each year.

In order to increase transparency, cut costs and save time in international transfers, Align Commerce has launched a multi-track payment platform based on blockchain, so that small businesses trading with Brazilian companies can receive payments as quickly as possible and track the transaction process in real time without having to turn to banks.

Align Commerce CEO: Marwan Forzley

Marwan Forzley, Founder and CEO of Align Commerce, said:

As bilateral trade and economic exchanges between the United States, Europe, and Brazil increase, Align Commerce is in urgent need of helping domestic companies obtain Brazilian goods, services, and talent. Our access to the Brazilian market has eliminated barriers to international payments that have existed for more than a decade and increased productivity.

Last month, Align Commerce announced the launch of a payments platform in China, further highlighting the need to replace outdated and costly methods of sending money.

Marco Silva, Vice President of Finance at Oasis Collections (premium marketplace for short-term rentals), said:

"Before I found Align Commerce, I tried other payment methods, but they were slow, expensive, and complicated. Align Commerce has solved a problem for me, and we can pay partners, contractors, and suppliers as quickly as possible. Align Commerce meets the needs of small businesses that make frequent international payments."