Exchange-rate risk is at the forefront for businesses that have operations, customers, suppliers, or manufacturers in other countries. Business owners who have had to make international payments understand how high and volatile foreign exchange fees can be.
Virtual Bank Accounts are foreign currency accounts that function as local bank accounts. They can be used to receive money and send money to different parts of the world online, making international money transfers even easier.
Remittances play a massive role in developing national economies as these financial investments positively impact several sectors. Businesses wanting to send remittances seamlessly can take advantage of Fliqpay’s cross-border payments solutions.
Merchants can solve their cross-border payment challenges with a secure and easy cross-border payment infrastructure. Here are some benefits of integrating a cross-border payment gateway to expand your business.
Sending global, cross-border payments should be easy, seamless, immediate and cost-effective. In order to scale up the kind of cross-border payment services that financial institutions need, Fliqpay’s vision is simply to create a world where the transfer of value is immediate and simple.