If youâve been following fx paymasterâs journey over the last four years, youâll be aware of their unwavering commitment to revolutionise the South African payment market. fx paymaster driving change with new FIXED pricing model Money transfers should be quick and easy according to fx paymaster and transaction fees and charges should be 100% fair
Category Archives: FX Paymaster News
03
Oct
Oct
fx paymaster is on a mission to bring fair and transparent pricing to the South African payment market. Most SMEâs still use the bank to transfer funds abroad and pay foreign suppliers, despite the hefty fees and poor exchange rates. But its not the only option! fx paymaster outperforms local banks, see how they do
02
Oct
Oct
Thousands of South African importers all over the country are paying foreign suppliers and without realising it, leaving millions on the table, which banks are scooping up. The main problem is consumer awareness. At fx paymaster, weâre on a mission to bring fair and transparent pricing to the market. We knew when we started this
20
Sep
Sep
SA Banks have been over-charging SMEs for years. For years, South African businesses have been overpaying to transfer funds abroad due to unfavourable exchange rates. Unaware of the real margins being charged and unable to compare theses costs with other providers has resulted in hundreds of thousands of SMEs losing out. This needs to change.
10
Apr
Apr
In addition to the reduced transfer fees, the difference in exchange rates could easily equate to annual saving of tens of thousands of Rands.
05
Oct
Oct
The first article I came across this morning was titled âRand on the Ropesâ, to be honest it looks like the fight is over, the Rands on the ground and the US Dollar is long gone. It wasnât only the Rand that took a beating yesterday, so did the local stocks and bonds. Itâs clear
04
Oct
Oct
Coming to you this morning from our Johannesburg office and it looks like itâs not just the weather thatâs taken a turn for the worst. This week we’ve emphasised a concern about the market staging a retracement from last weeks R 1.50 drop against the US Dollar and last night that situation unfolded with the USD/ZAR
11
Jul
Jul
USD/ZAR I thought we would see the market consolidate more yesterday but it looks like weâre seeing a bit of that pull back this morning as traders undoubtedly wait for more information before taking up their positions again. Weâre in the middle of nowhere at the moment, your long bull traders are more than likely
10
Jul
Jul
Weâve seen a big move on the Rand in the last week, the question now is, what to do about it? Another solid day of trading for the Rand yesterday. At 3pm the South African Rand was at R13.35 to the dollar after having peaked R13.308 in intraday trade. As it stands weâre currently trading
15
Jun
Jun
Bill gates said it in 1994, âBanking is necessary, banks are notâ. The South African banking environment is evolving rapidly. Over the course of the next few years weâre going to see new and better banks coming into the market. Weâre seeing it already with the introduction of Discovery Bank, Bank Zero, African Bank and
