Huma, Arf, and Geoswift Partner to Enable Same-Day Settlements for Asian Merchants

Traditional banking bottlenecks in Asia often delay payouts for merchants, forcing them to wait a full business day to receive funds. Huma Finance, Arf, and Geoswift aim to solve this by introducing same-day settlements through the PayFi network.

Timezone disparities and banking hours exacerbate payment delays, particularly for Asian sellers on global e-commerce platforms. A U.S. buyer's late payment, for instance, might not reach an Asian seller until the next business day. "Global e-commerce runs 24/7, but traditional banking rails don’t," says Richard Liu, Co-Founder of Huma Finance.

The PayFi network bypasses these limitations by coordinating payouts, providing stablecoin liquidity, and embedding AML/KYC compliance checks. Arf bridges stablecoin liquidity with local fiat, while Geoswift facilitates cross-border transactions.