Managing education payments and refunds during coronavirus

There are a number of industries across the globe impacted by COVID-19, but educational institutions are quickly pivoting to adapt to their new normal of remote learning, or postponing some education. Many educational institutions around the globe have cancelled on-campus classes and activities, moving some classrooms online. For students, this means not returning to campus and not utilizing dormitories or services they previously paid for. For educational institutions, this situations leads to two activities when it comes to payments: Continuing to receive payments from students as they move instruction online…

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TransferMate COVID-19 Preparedness

TransferMate COVID-19 Preparedness

The global spread of COVID-19 has generated concerns across the financial services industry in relation to service continuity and availability. It is therefore important that the partners and customers of TransferMate have confidence in our capabilities to provide ongoing services and support throughout this, or any other crisis. We would like to inform you that TransferMate has a comprehensive business continuity plan in place. Crisis management actions have already been implemented and we continue to monitor the situation closely. Please review the frequently asked questions below for additional information or…

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How transparent and efficient payment processing saved a global insurance company time and money

There are many apps out there aiming to improve business efficiencies, but few of them can back it up with actual cost savings from the time saved. That can be one of the hardest things to validate when companies are evaluating possible solutions in the market. Then, even if that cost savings is evident, are there other companies that have had success with the product and continue to use it? When it comes to managing and paying international invoices on one platform, PaymentsHub is validated and proven. PaymentsHub – from…

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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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Simple steps to streamline international receivables

As the business world continues to shrink and more deal are transacted across borders, more and more businesses have to learn how to send a receive payments internationally. While it may seem easy just to use your current banking system, it could also put your accounting teams in a situation where they are constantly trying to track and reconcile payments. Not to mention, you could be waiting for a much-needed payment as it makes its way through a cumbersome process. Luckily it doesn’t have to be this way. There are…

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