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Opening up international markets for UK SMEs with Currencycloud
2022-12-15
Opening up international markets for UK SMEs with Currencycloud

When conducting business overseas, companies of all sizes can be hampered by slow payment times, high costs and limited transfer options. However, these barriers are particularly cumbersome for SMEs, which have fewer resources in terms of workforce and cash to spare. To thrive, young companies need space to focus on growth and access to international markets rather than a lengthy financial administration. So why, in today’s digital and globalised landscape, do SMEs still face inefficient processes when doing business internationally?

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SME Survey – The shortcomings of business financial services
2022-12-02
SME Survey – The shortcomings of business financial services

Over the summer, Paysend conducted a survey of over 250 SMEs across the UK to understand how satisfied they were with their business financial services.

At a time of significant macroeconomic uncertainty across different markets, SMEs looking to grow and expand internationally face significant challenges. Effective business financial services are the key enabler for SMEs to be successful in a highly globalised world, however, to be confident in their strategic ambitions and strive for growth, SMEs need clarity, consistency, affordability, and tailored guidance.

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Personal Finance Tips
Paysend Business: Redefining cross-border payments
2022-11-22
Paysend Business: Redefining cross-border payments

The traditional cross-border payments market has been defined by long settlement periods, high transaction costs, and limited accessibility to international endpoints. As successful businesses expand internationally and start operating across multiple jurisdictions, they have historically faced significant payments paint points – including cross-currency risk exposures, significant hidden costs, and delays in receiving funds. 

 

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New Paysend Features
Digital Money
how-to-send-money-using-an-iban-with-paysend
2022-11-15
Як надіслати гроші через IBAN за допомогою Paysend

IBAN (міжнародний номер банківського рахунку) – це код, який допомагає банкам ідентифікувати ваш рахунок, якщо ви хочете надсилати або отримувати міжнародні платежі. Іншими словами, номер IBAN, прив’язаний до вашого рахунку, є паспортом, який допомагає швидко й безпечно переміщувати гроші одержувачам, які живуть і працюють за кордоном. 

Personal Finance Tips
Money Transfer Guides