Citiți cele mai recente articole Paysend","text":"Rămâneți la curent cu cele mai recente știri, informații și multe altele.","isMobileBtn":null,"note":null,"img":null,"color":{"id":204,"bgColor":null,"titleGradient":"aubergine01","titleColor":null,"whiteText":null},"btn":null,"btn_mobile":null,"bgImg":null,"btnDemo":null,"extra_button":null},"tiles_section":[{"id":520,"title":"Despre","subtitle":"Suntem o companie globală de tehnologie financiară cu misiunea de a schimba modul în care banii sunt mutați în întreaga lume.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/about-us","add_country_lang_inside_link":null,"enabled":null,"img":null,"color":{"id":878,"bgColor":"aubergine01","titleGradient":null,"titleColor":null,"whiteText":null}},{"id":521,"title":"Cultură","subtitle":"Descoperiți-vă potențialul, asumați-vă creșterea, modelați-vă viitorul.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/culture","add_country_lang_inside_link":true,"enabled":null,"img":null,"color":{"id":879,"bgColor":"aubergine03","titleGradient":null,"titleColor":null,"whiteText":null}}],"seo":{"id":190,"metaTitle":"Paysend Blog: Ține-te la curent cu cele mai recente informații","metaDescription":"Explorează viitorul cu blogul Paysend, descoperind idei inovatoare și tendințe care formează lumea plăților și finanțelor.","ShareImage":null}},"articles":{"data":[{"id":390,"title":"How to send money to Dominican Republic with Caribe Express in 5 easy steps","date":"2025-03-04","video_url":null,"description":"
If you’re sending money to loved ones in the Dominican Republic, ensuring your transfer is fast, secure and easy is essential. Caribe Express is a trusted name on the island, making it one of the most convenient options for receiving funds. With Paysend, sending money to Caribe<\/p>
Express is so easy. Here’s how you can support your family and friends while enjoying seamless transactions.<\/p>
What is Caribe Express?<\/h2>
Caribe Express is one of the Dominican Republic’s most popular financial services providers, offering cash pickup, home delivery and bank deposit* options. With over 100 branches across the country, your recipients are sure to find a location close to them.<\/p>
Caribe Express is known for its reliability and flexibility, making it a great choice for those looking to send money back home and recipients wanting a convenient cash pickup option.<\/p>
*We will send your money in real-time, but it could take up to 3 business days depending on your recipient\'s bank<\/i><\/p>
Why choose Paysend for transfers to Caribe Express?<\/h2>
Paysend makes it simple to send money to Caribe Express with features designed to offer peace of mind and convenience:<\/p>
Low fixed fees: <\/strong>Paysend charges a low, transparent fee for every transfer — just $1.99 USD — so you can save more while sending.<\/li>
Fast transfers: <\/strong>Most transactions to Caribe Express are completed within minutes, ensuring your loved ones have access to the funds when they need them.<\/li>
Secure transactions:<\/strong> Advanced encryption technology ensures your transfer is safe every step of the way.<\/li>
Convenient access: <\/strong>With over 180 Caribe Express locations, recipients can collect their funds easily and securely.<\/li><\/ul>
How to send money through Caribe Express in 5 easy steps<\/h2>
Toate articoleleBoosting SME cash flow through payment efficiency
Boosting SME cash flow through payment efficiency
2023-06-28
All articles
Digital Money
A high proportion of company collapses, especially among small and medium-size enterprises (SMEs), are the result of cash flow problems. Even However adept a business is at spotting a gap in the market or servicing a particular segment, if money is being spent more quickly than it is coming into the firm, it can be a recipe for disaster.
Negative cash flow is not uncommon among startups, which are likely to be spending their initial financing on product development, hiring and marketing before their sales start to ramp up. But among more established businesses, cash flow problems are typically a sign of inefficient payment systems and perhaps even poor management or bookkeeping.
Recentresearch suggests that late payments cost British SMEs as much as £684m a year, with the average invoice being almost six days overdue. The issue of late payments, and their impact on cash flow, has become even more important as a result of the cost increases seen by UK businesses due to the inflationary period of the past year.
Successive governments have promised to take action on late payments, specifically relating to payments due from large to small businesses. The latest suchpledge was made in December 2022 as small business minister Kevin Hollinrake launched a review into the problem.
Whilst legislation would be a welcome help to small business, there are actions owners can take to improve their own cash flow positions.
1. Gain maximum visibility
The best way to nip cash flow problems in the bud is by ensuring you can spot warning signs as early as possible. Checking your business’s cash position on just a monthly or even weekly basis increases the risk that problems could go undetected for too long. Using cash flow modelling software, you can see in real time what the impact of rises in costs or overdue invoices will be and take necessary, pre-emptive action.
2. Incentivise early payment
Customers can be encouraged to settle bills on time by offering a small discount for prompt payment. Conversely, you could consider adding interest charges to overdue invoices. Incentives should also play a significant role inside the company: by training workers in the right way and developing a cash-focused culture across the business – perhaps with the targeted use of bonuses – you can ensure that staff prioritise the firm’s cash position above all else.
3. Bite the bullet on late payers
By analysing payment data, you should be able to identify those customers who regularly pay late. You can then decide whether to continue your relationship with them: you may be better off in the long-term by reducing your dependence on these clients and seeking to develop your business elsewhere.
4. Improve payment efficiency
The easier it is for your customers to pay you, the less cash flow pressure you’re likely to face. Using the latest payment technology can considerably cut the hassle that clients face in paying for your goods or services. International payment services can be especially useful given the delays that have traditionally been associated with cross-border transactions. The ability to get paid instantly by customers all over the world should also give UK SMEs greater confidence to expand into new markets without worrying about the cash flow implications. Mallet believes payment efficiencies can lead to competitive advantage.
Even successful and profitable businesses can sometime experience cash flow problems. At best, this can stall necessary investment and growth, and, at worst, it can totally derail an SME. Late payments are a significant contributor to cash flow headaches for SME owners but, with the right approach to culture and systems, their impact can be limited.
Ashley Mallett, head of business at Paysend
“Rather than waiting for ministers to introduce legislation, SMEs should act urgently to ensure they have the right systems and culture in place to avoid cash flow issues, as well as to deal with problems as and when they arise.”
Ashley Mallett, head of business at Paysend
“With the benefit of faster settlement speeds and quicker transfers. SMEs can become more confident, nimble and efficient in their operations, allowing them to focus on serving their customer needs and developing their offerings instead of operational headaches.”