Zūm Rails: Innovating Transactions, Elevating Experiences

Zūm Rails, founded in 2019 by Marc Milewski and Miles Schwartz, has swiftly emerged as a leader in the fintech sector, revolutionizing the payments industry with its innovative approach to seamless financial interactions. The company has grown from humble beginnings to a team of over 30 professionals, providing groundbreaking payment solutions.

Key Highlights:

• Unified Payment Gateway: Zūm Rails offers an all-in-one payment gateway that integrates open banking with instant payments, simplifying the complexities of moving money across various payment rails.

• Omni-Rail Flexibility: The platform supports a range of payment options, including traditional credit, debit, and electronic funds transfer, as well as real-time alternatives through partnerships with entities such as Visa Direct, Mastercard, MX, and Canada’s Interac network.

• Fraud Reduction and Customer Preferences: By managing identity verification and direct linking with bank accounts, Zūm Rails facilitates payments according to customer preferences, effectively reducing fraud and failed transactions.

• Remarkable Growth: Over the past year, Zūm Rails has processed over $1 billion in payments monthly for more than 500 companies, including notable names like Questrade, Coinsquare, and the Desjardins Federation of Credit Unions in North America.

For a more in-depth look at Zūm Rails' journey and impact on the payments industry, read the full article here:
Zūm Rails: Innovating Transactions, Elevating Experiences