New Delhi, Feb. 26 -- In a significant move that could reshape how investment funds handle capital, Fund Base Camp has launched Summit Pay, the industry's first proprietary payment processing system built specifically for fund managers. This development marks a departure from the industry standard of relying on third-party processors like Dwolla.

While established platforms like Cash Flow Portal and Invest Next depend on third-party payment processors, Fund Base Camp's Summit Pay system was built from the ground up with fund managers in mind. This fundamental difference eliminates common frustrations like transfer limits and industry restrictions that often plague investment firms using conventional payment solutions.

"Payment processin...