Pidgin, a secure real-time payments platform built for the future of payments, announced that U.S. Century Bank has chosen to partner with Pidgin to bring real-time payments to its growing customer base.
With over $2.1 billion in assets and over 20 years in business, Miami-based U.S. Century Bank is dedicated to serving business owners, professionals and entrepreneurs in their south Florida community. U.S. Century has selected Pidgin as their newest fintech partner after an extensive evaluation process to provide instant payments to their customers, giving them a fast, easy and secure way to send and receive payments. With Pidgin, payments are routed directly from financial institution to financial institution. Since the platform eliminates the need to use a holding account by a third-party provider or a virtual wallet, Pidgin facilitates a more secure transaction.
By partnering with Pidgin, U.S. Century Bank will be able to support faster payments across various use cases. For personal accounts, Pidgin is a single solution to send and receive payments directly from a checking account. There is no waiting or transfer period. Once a transaction is complete, funds are available almost immediately. For businesses and merchants, Pidgin makes it easy to accept real-time payments from customers with no waiting or transfer periods. Businesses get access to their funds faster and, as a result, can pay employees and vendor partners quicker.
Additionally, Pidgin supports the use of different payment routes, including FedNow, real-time payments, as well as same day ACH. As a result, U.S. Century Bank can route payments according to speed, cost and network, which ensures payments arrive when an accountholder needs them, at the lowest cost possible.
“U.S. Century Bank provides the latest state-of-the-art technology for our customers that simplifies the banking process. As part of that mission, we strive to adapt as technology evolves and serve our customers with…
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