Are your international, business payments expensive, slow and frustrating? Our new, free Centtrip Guide to Better International Business Payments may help you find a better payments route for your business.
The need to make and manage international payments is growing as businesses everywhere look overseas for new suppliers, customers and audiences.
Once upon a time, banks were the default provider of international “wire transfer” payments but today there are many more options that can be faster, cheaper and more transparent.
Understanding the sources of hidden cost and delay in older methods, along with the advantages of different, newer offerings can help you select an effective payments partner for all your international needs.
Aspects to consider include:
- Costs – not just the transaction charge and exchange rate offered by your provider, but potential charges all along the payment chain to your payee.
- Responsiveness – how quickly do you need the money to arrive? Do you need to initiate payments instantly? From wherever you are in the world?
- International reach – Do you pay a smaller number of partners in a single country, or do you need to pay people all across the world?
- Volume – Do you make occasional, ad hoc, single payments, or do you regularly make large, batch payments to recipients in different countries?
Choosing the right partner can save time and money in operations as well as in the actual transfer of funds.
The Centtrip Guide to Better International Business Payments could help.
This complimentary guide describes common payment methods like SWIFT or SEPA, along with newer alternative such as peer-to-peer offerings or Bitcoin.
It’s packed with tips, information and quotes to help you assess the options and decide what’s best for your business.