International Online Payments White Paper

Free White Paper: Advantages of an Online Payments Platform

White Paper: Advantages of an Online Payments Platform

Download Now Free White Paper: Online Payments Platform

How going online for foreign exchange and international payments can improve your business.

Ever wish you had more control over the execution and cost of your foreign currency and international payments? The good news is that there's an easy way your business can. Read this free white paper on the benefits that an online payments platform can offer your business.

The Solution: A Full-Service Online Payments Platform

  • Discover the 4 advantages that an online payments platform can offer your business.
  • Get solutions that work with your current business processes.
  • Send payments when you want to, with 24/7 access to over 140 currencies.
  • Detailed reports for the information you need, in the format you need.

White Paper Excerpt

The process of moving money from one currency to another and from one country to another has never been a more pivotal part of conducting business as it is now. With this current reality and the need for better, more efficient practices to handle international payments to ensure business continuity and minimization of the risks associated with foreign currency fluctuations, many businesses are moving to online international payments platforms to improve their bottom line.

Traditional methods of international payments are wrought with a lack of real-time information, little or no visibility as to payment status once it's initiated and with New York as the main location for settlement of foreign payments in North America, companies are forced to work within east coast banking hours. Attempting to accomplish your business needs during these restricted hours is simply not possible for many businesses, especially if they have locations in multiple times zones or countries. With the currency market operating 24 hours a day, and nearly 7 days a week, using traditional methods for international payments could mean that you lose out on favourable overnight rates and market shifts. The delay and resulting currency fluctuations that occur with international payments not through traditional international payments methods can drastically affect your bottom line.

An online platform for foreign exchange can offer many benefits to your business that will positively impact your bottom line.

A full service online platform to handle your business's international payments needs is essential to stay competitive in your marketplace and speed up payment delivery to your beneficiaries.
The efficiencies that your business can gain will outlast any prevailing market conditions include speed and accuracy of payments, transparency into cost and status of a payment, increased control over the payment process, seamless integration and 24/7 accessibility with dedicated support. Image what these advantages can mean to your business.

 
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Foreign Exchange Information
  1. ** How much foreign currency does your company exchange annually (in US Dollars)?

Western Union Global Business Payments – Foreign exchange solutions for your business.

Western Union® Global Business Payments provides international payments and risk management solutions to businesses. Contact us today; help protect your profits and prosper in a volatile international market.

Western Union is proud to present our Western Union international payment and risk management services offered by Custom House (USA) Ltd., a Western Union company. Western Union acquired Custom House, a foreign exchange and international payments company, in 2009 and owns and operates Custom House along with its products and services under the Western Union name.