According to the press release, thanks to the partnership, users can now transfer money to more than 30 countries safely and securely with a credit card and a few simple clicks. Tapping into Wallex’s global payment capabilities, ipaymy’s international payment service, will enable users to pay rent for overseas properties and offices, settle invoices from suppliers abroad, and furnish salaries to remote employees and freelancers – all with their credit cards.
Consequently, with ipaymy, customers can be free from the hassle of engaging multiple banks and completing extensive paperwork. FX costs presented are also typically more favourable than those offered by traditional financial institutions, and payments in select currencies can be made as quickly as the same day.
Furthermore, ipaymy users are assured of a secure and transparent international payment process through Wallex. With real-time visibility available on the ipaymy platform, payout dates, amounts transferred, fees and exchange rates are made clear to users before they confirm payments.
The service is currently available to Singapore users making payments with a Visa or Mastercard. ipaymy will be actively working with Wallex to extend this functionality to all regions.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now