The international payment landscape is evolving rapidly. These days, customers demand simple products, better rates, lower costs & increased transparency, not to mention efficient customer service. These are things that banks have always struggled to provide. Real Time Payments Businesses want the ability to move money around the world faster. In countries like the UK,
Category Archives: FX Paymaster News
Currency Insights, FX Paymaster News
Traditional banks need the Fintech Industry To Create Better Payment Solutions
23
Apr
Apr
The global economy is constantly growing and evolving, why then have the traditional banking system not upgraded to meet the changing the needs of customers? Many businesses are expanding their international interests through import and export activities. Unfortunately, the systems and infrastructure used to support this global interconnectivity and these cross-border transfers is decades old.
02
Apr
Apr
1. Understand your customers’ needs Today’s customer may be very different after all of this.. You may believe the best way to grow your revenue is to find more customers but that’s only one piece of the puzzle. In fact, it’s more about customer retention and the secret to retaining customers is to satisfy their
27
Mar
Mar
Ahead of the 21-day lockdown period, we have been flooded with calls from clients who are looking for support and guidance during this period of volatility. While the country is in lockdown, what should I do if I need to buy currency or make a payment? First of all, don’t panic. We understand that a
21
Mar
Mar
The Rand has taken a huge hit these last 2 weeks due to the coronavirus pandemic. Markets are clearly concerned about the impact that Covid-19 will have on the SA economy and our overall fiscal position. We’re encouraging clients to take a proactive stance on their foreign exchange commitments. If you’re in the process of
20
Mar
Mar
The aim of this guide is to help businesses understand their forex risk. What can you do to protect your business in times of uncertainty? Why its important to deal with a currency specialist in times like this. South African importers are experiencing serious supply disruptions due to the coronavirus pandemic which is wreaking havoc
04
Mar
Mar
• Is your bank giving you the forex support you need? • A smart NEW forex payment platform designed to support growing SME’s. • How Hygiene Africa turned their forex payment headache into a simple process with massive savings.
18
Feb
Feb
The story of FX Paymaster. We founded FX Paymaster in 2015, with a vision to introduce a digital payment solution for businesses. A simple, cost effective and efficient alternative to banks. How we were founded. Lyle and I met in 2015 while working for a well know South African bank. We had both run
25
Oct
Oct
We’re causing some much-needed commotion in the South African financial services community by redefining the way foreign exchange payments are processed. We got tired of banks overcharging customers each year just to transfer funds abroad. Seeing a gap in the market for a simple, transparent money transfer solution, we established fx paymaster. Launched in 2015,
09
Oct
Oct
The South African Rand is considered the world’s most volatile major currency. Unfortunately, this looks set to continue. The Government has spent months trying to work out what to do with debt-stricken state-owned enterprises like Eskom and time is running out. On the 30th of October Finance Minister Tito Mboweni will address the nation in
