In recent years, groundbreaking technology innovation has impacted how people connect and consume goods around the world. The growth of e-commerce is revolutionizing the way businesses operate. In fact, e-commerce sales are projected to reach $1.148 trillion in 2023. Thankfully, it’s easier now for businesses to take operations internationally.

By entering new international markets, businesses can open their doors to a larger pool of customers while helping increase their visibility and global reputation. A new customer base also means companies no longer need to rely on a single market for revenue – strengthening the overall financial stability of their business while also giving them a competitive advantage. Therefore, businesses can no longer afford to operate solely in domestic markets. 

Streamlining international payments with Paysend Business

Amid digital transformation, the barriers that once hindered global business operations have significantly diminished. International business payments, for example, used to be a notoriously manual, slow, expensive and insecure process. Now, digital solutions have transformed the landscape offering fast, easy and secure international business payments.

The Paysend Business payments platform was designed for small and medium-sized enterprises to create online business bank accounts that provide a fast, simple, reliable and cost-effective way to send and receive international business payments. When companies adopt the Paysend Business platform, they can enjoy a multitude of benefits, including:

• Saving money on international business payments that are free of hidden fees and complicated exchange rates. 
• Streamlining payment processes with the ability to send, receive, and exchange funds in over 30 currencies.
• Allowing employers to quickly offer instant payouts made directly to Visa and Mastercard cardholders globally.
• Managing business finances efficiently while mitigating the risks associated with manual international transactions.

Ultimately, the interconnectedness technology has brought to our world has presented immense opportunities for growth and innovation. By leveraging the power of innovative digital payment systems, businesses can break down barriers, access new markets, gain a competitive edge and streamline their overall operations.

To learn more about Paysend Business and sign up for an account, visit our website.