How PaymentsHub can accelerate your international invoicing

How Payments Hub Works?

ONE local payment fulfilling up to 10,000 invoices. 134 currencies payable into as many as 162 countries. ZERO handling fees, international sender or receiver fees. VAT recovery potential displayed & reclaimed. PaymentsHub is the complete invoice solution. This is where you find out the “how?” In this blog, we’ll take a look at how PaymentsHub works, its capabilities, functionalities and key organisational benefits. PaymentsHub is an invoice payment process and VAT recovery solution powered by TransferMate Global Payments and Taxback International. Our innovative, custom-built and technology-driven platform allows companies to…

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How to simplify paying international invoices

Due to lack of technology integration, making international payments can take significant time with manual processes to issue payments, reconcile payments and resolve errors when paying overseas suppliers through your traditional brick-and-mortar bank. Let’s think for a second about the amount of transactions an international organisation would process on a monthly basis. With just a couple of overseas suppliers, or using the services from another international firm, the figure can quickly accelerate to hundreds, thousands and tens of thousands of cross-border payments. There is an easy solution to managing international…

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TransferMate and Tradeshift Announce Strategic App Solution on Tradeshift Platform for Commercial Transactions Across Borders

Tradeshift, the leader in supply chain payments and marketplaces, today announced a new app integration from TransferMate Global Payments. This new integration makes it even easier than every for global commercial buyers and sellers to digitally connect along every transaction phase. The new solution automates same-day cross border payment services from commercial transactions anywhere in the world more accurately, securely, and with lower fees than traditional correspondent banks. Seamless integration of the TransferMate app eliminates complexity, improves speed, transparency, and reconciliation while also saving time by enabling Tradeshift customers to complete…

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TransferMate buys Swiss FX payments firm Devisenwerk

Allows TransferMate access to one of the world’s most important financial hubs TransferMate, the world’s leading cross-border B2B payments provider, agreed to acquire Swiss-based FX payments firm Devisenwerk, in a deal that will give TransferMate direct access to one of the world’s most important financial hubs. Sinead Fitzmaurice, co-founder and CFO of TransferMate, said: We are delighted to announce this acquisition, which is an important step in the global growth of TransferMate. Devisenwerk is an exciting and innovative young company, which gives us immediate market entry into Switzerland, allowing us…

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Brexit Uncertainty Spikes and Pound Plummets

Following the resignation of Brexit secretary Dominic Raab and Pensions Secretary Esther McVey, the British Pound has plummeted. There are expectations of further resignations in what is being called a “rebellion” against the Brexit deal struck by the E.U and U.K. In his resignation letter Raab said, I cannot support an indefinite backstop agreement, where the EU holds a veto over our ability to exit, the terms of the backstop amount to a hybrid of the EU Customs Union and Single Market obligations. No democratic nation has ever signed up…

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