International Payments Made Easy with a Single Banking Platform |
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Using a single international payment processing platform reduces costs, improves cash flow, and streamlines business operations.
- Save Money. By utilizing a single international banking network international payments are processed as in-country low-value electronic payments. Domestic and international payments are accommodated on a single platform, greatly simplifying day-to-day business operations.
- Cut Out Intermediary Banks. Get rid of the intermediary banks that act as middlemen and do nothing except add to the cost and complexity of processing international payment transactions. Using a single international payment platform avoids additional fees and reduces the costs of sending and receiving international payments. Payment tracking is streamlined without worries about payments being routed through intermediary banks.
- Eliminate the Headaches of Multiple Bank Accounts. Managing multiple bank accounts throughout the world is a never-ending hassle. The need to deal with different time zones, banking regulations, currencies, and maintaining personal interaction with bankers is eliminated. Instead, control all incoming and outgoing banking transactions, including domestic and international payments from a single log-in. Infinitely more productive and cost-effective than juggling bank accounts, logins and administrative tasks from multiple banks.
- Reduce Manual Labor. Eliminate the time-consuming and expensive errors that can result inputting data manually. Say good-bye to keying in long strings of numbers and line by line international payment instructions. Simplify operations by uploading international payment instructions quickly and easily to a single system.
- Simplify Account Reconciliation. Using a single international payment system makes account reconciliation a breeze. Receive all pertinent information including unique reference numbers identifiers and other details automatically. Compile accounting reports with a single click. Experience tremendous time savings while improving internal accounting processes.
- Get Rid of Costly Errors. Avoid misrouted international payments or returned transactions due to incomplete or incorrect payment instructions. Keeping track of transaction information required by a variety of international financial institutions is an administrative nightmare. Instead, a single international payments banking platforms automates the most up-to-date banking information for every country. As a result, cost errors associated with incorrect banking instructions are eliminated
- Improve Cash Management and Risk Management Tools. From a single screen, view all incoming and outgoing payments. Easily identity any currency risk within the international payment process. Quickly establish strategies to cover risk and protect profits.
- Multiple Currency Accounts. Eliminate currency conversion fees. Hold multiple currency accounts within a single international payments system. Administrate all accounts from one screen. For example, when customers pay in euro, place the funds in a euro account. Use the euro account for international payments in euro.
- Ecommerce the Easy Way. Merchants selling goods and products world-wide use the international payments system to accept bank transfers as payments from customers throughout the world. Globally, international bank transfers are the preferred method of payment and are far more popular than credit card payments. International payments give buyers a way to purchase goods in familiar and comfortable manner. As an added benefit, international payments are guaranteed funds to merchants, similar to a cash transaction. There is no risk for chargebacks as with credit card payments.
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