The common and forgotten pitfalls of receiving international payments

Editor’s Note: This is the first part of our blog series on international receivables. Check back next week for more insights. A growing business has just made its first sale to a new customer in Singapore. It’s a big deal because the company has been working on attracting clients in Asia for quite a while. They sent the customer an invoice and they’re waiting for the funds to hit their bank account. They’ve been waiting a while. The big day finally comes, but something is not right. The amount deposited…

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TransferMate partners with Global Payroll Association on cross-border webinar

TransferMate will host a webinar with the Global Payroll Association to address some of the most pressing issues for international payroll. Paying international employees often requires opening local bank accounts in each office location, each with their own fees, and using payroll vendors in each country, each with their own processes. This can add significant costs to an organisation, including bank charges, wire transfer fees and FX rates – not to mention, additional admin time reconciling multiple payments from multiple bank accounts. TransferMate’s Chief Product Officer, Gary Conroy, will lead…

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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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TransferMate brings international payments to Dwolla Partner Ecosystem

We’re teaming up with another great payments provider to give their customers more options for their international payments. By partnering with Dwolla, we’re making it easier for companies to expand into overseas markets. Keep reading for the full press release on our latest partnership. Des Moines, Iowa, Sept. 24, 2019 (GLOBE NEWSWIRE) — Financial technology company Dwolla, Inc. is partnering with TransferMate Global Payments to allow customers and their end users the ability to make and receive international payments. TransferMate’s leading global B2B payments technology, which features a robust legal and compliance framework, enables…

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How to improve your international invoicing and scale your business

Reduce cross-border friction and save money with TransferMate and Wells Fargo Cross-border business is no longer reserved for large multinational corporations. Businesses of all sizes are connecting with suppliers, customers, vendors, and services around the world, and expect to send and receive money across borders with the same transparency and speed as their domestic payments. Traditional wire payment methods are not meeting these expectations and established financial institutions are looking to innovative solutions to meet their customer expectations and reduce cross-border payment friction. For banks and software providers, an easy…

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