is now a member of the Open Payments Alliance along with more than 40 other finance and technology companies.

According to a June 18 announcement, membership in the Open Payments Alliance will add 2 million users to a payment network with more than 100 million members.

Members of the Open Payment Alliance can access the PayID system, which allows users to send payments in any currency between all common platforms in the alliance. Users can submit these transactions without more than one legible identifier, which is valid for all participating services.

This story is currently ongoing. Other updates to follow.