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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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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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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The Why

A question we are asked repeatedly by kids is “why”? It can be exhausting, but they have the right idea – “Why” is the ultimate clarifying question. It demands explanation, context and support. It’s a simple question that, when asked by a 5-year-old, moves from cute to challenging to exasperating. In business this question is not asked as frequently as perhaps it should. When we don’t ask “why”, we give up the opportunity to learn critical information. We at TransferMate, would like to clarify “why” us? The answer is simple;…

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