Waiting and wishing on international receivables? Improve your days sales outstanding

Editor’s Note: This is our second post in our series on international receivables. Read our first post on the common pitfalls and check back later this week for more. There’s nothing worse than waiting on a payment from a customer, not knowing where it is or if you’ll ever actually even see the funds you are due. In our first blog in our series on receivables, we looked at the basics of receiving money from international customers and where things can go wrong. In this post, we’ll dive into ways…

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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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