Investigate the case studies of cross-border payments in practice and their functional scenarios. Understand the ways businesses utilized payments solutions, optimized transactions, and lowered costs.
McKinsey’s report estimates that law firms operating on a global scale experience a drop of 3.2% on average due to inefficient payment systems and expensive conversion rates which many reproach in light of the fact that operating profits in this industry are extremely competitive. This means that while the law firms are reticent to offer … Read more
Cross-border trade requires a vast supply chain and manufacturing firms are usually at the epicenter of it. But as global as they are, these companies struggle when it comes to making international payments for manufacturers. The globally operated businesses are constrained by antiquated systems, a maze of jurisdictional compliance and exorbitant charges which most of … Read more
Saas providers have a global business model right from its first day of operation. This global presence leads to certain unique challenges in regards to payment processing. Streamlined and robust payment methods are indispensably needed for these SaaS businesses that seek to grow and improve. Poor payment systems can increase operational comparisons friction and ultimately … Read more
The travel and tourism sector is undeniably one of the world’s largest industries, generating trillions of dollars and driven by over 1.4 billion international tourists annually, according to the World Tourism Organization. With each traveler comes a transaction—yet the infrastructure handling these payments is often outdated and inefficient. Many hotels still rely on legacy systems, … Read more