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 Global Receivables

We at TransferMate realise the problems businesses can encounter with billing and collecting overseas payments. This can typically be a long laborious task that may give rise to many issues. With that in mind, we have just launched a new Global Receivables product to the market – your time is now freed up while we look after your Global Receivables! This new Global Receivables solution allows clients to bill and collect overseas payments from thousands of customers in seconds, making is easier to receive cross border payments, all within the…

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