Capabilities Trust & Payments Escrow & Trade Assurance Digital Wallet & Payments Electronic Letter of Credit

One wallet for every trade payment.

One wallet for every trade payment, in any currency, linked to every invoice.

What you get with T57

ChannelsWithout T57: Too manyWith T57: One wallet, any currency
SettlementWithout T57: DaysWith T57: Near-instant between members
ReconciliationWithout T57: ManualWith T57: Matched to invoices

TodayWith T57

Finance, escrow and insurance come from licensed partners.

Saudi riyal banknotes laid in rows. — Payments run through licensed partners and release when agreed milestones are met.

T57 solves the scattered, slow way food businesses pay and get paid, by giving every verified member a wallet in any currency from licensed partners, connected to the trade record.

The problem

Payments scattered across channels

Food businesses pay many parties on every trade: suppliers, freight forwarders, inspectors, insurers and customs brokers. They receive payments from buyers in different currencies and through different banks. Each payment needs a bank transfer, a reference and a manual match to an invoice. Fees and exchange spreads add up, and finance teams spend hours reconciling. The key challenges T57 addresses include:

Too many payment channels

Different banks, apps and references for each counterparty and service provider.

Slow settlement

Cross-border payments take days and lose value to fees and spreads.

Manual reconciliation

Payments are not linked to the contracts and invoices they relate to.

How T57 works for you

Open your wallet → Fund it → Pay → Reconcile

01
Open your wallet
Verified members open a wallet with T57's licensed payment partner, using the checks already done for their T57 Passport.
02
Fund it
Add funds by bank transfer or receive buyer payments and escrow releases directly.
03
Pay
Pay suppliers, logistics, inspection and insurance partners from the wallet, against the relevant trade.
04
Reconcile
Every payment is matched automatically to its contract, invoice and trade record.

Features

9 features, one trade record

Wallets in any currencyHold and pay in the currencies your trades need. For cross-border members, this avoids unnecessary conversions.

Fast onboardingThe verification behind your T57 Passport speeds up wallet opening. For SMEs, this means days, not weeks.

Near-instant member paymentsPayments between T57 members settle in near real time. For suppliers, this means faster cash.

Pay service partnersPay freight, inspection, insurance and customs partners in the same place. For operations teams, this means one payment hub.

Escrow and finance linkedEscrow releases and finance proceeds arrive straight in your wallet. For traders, this shortens the cash cycle.

Automatic reconciliationEvery payment carries its trade reference. For finance teams, this ends manual matching.

Transparent conversionExchange rates and fees shown before you confirm. For members, this means no hidden costs.

Approval controlsSet users, limits and dual approval for payments. For larger businesses, this keeps payments under control.

Screened paymentsSanctions and fraud checks on every payment. For members, this protects banking relationships.

Use case · Illustrative example

Bengaluru coffee exporter pays partners and gets paid in one place

A specialty coffee exporter in Bengaluru sells to verified roasters in Dubai and Istanbul. On T57 it pays its inspection partner and freight forwarder in rupees from its wallet, and receives the Dubai buyer's payment in dirhams and the Istanbul buyer's in euros. Each payment is already matched to its invoice, and the exporter converts only what it needs, at a rate shown upfront.

Why T57

We believe that payment should be the easiest part of a food trade, not the hardest.

Licensed partners hold the money

Wallets are provided by licensed payment institutions and banks. T57 does not hold client funds.

One record for money and goods

Payments sit on the same trade record as contracts and deliveries.

FAQ

Common questions

Is the T57 wallet a bank account?

It is an e-money or payment account provided by a licensed partner. For full banking services, see Digital Banking.

Can I pay people who are not on T57?

Yes. You can pay external suppliers and service providers by bank transfer from your wallet, subject to the partner's checks.

What are the fees?

Fees and exchange rates are set by the payment partner and shown before you confirm each payment.

Every capability, one trade record