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FXellence introduces multi-market cross-border payment service

Friday 7 February 2025 13:07 CET | News

International business payments provider FXellence has launched a new cross-border payment platform supported by Currencycloud, a Visa Direct offering. 

Initially provided in the UK, FXellence’s new platform intends to serve the needs, demands, and preferences of business clients, while addressing common difficulties faced when sending funds abroad.

FXellence introduces multi-market cross-border payment service

FXellence, which is an emerging player in the payment services sector, aims to improve its position as one of the UK’s payment service institutions. The company’s offering includes a customer-focused, multi-market cross-border payment solution for businesses, regardless of their size. Additionally, FXellence underlined its commitment to transparency, clarity, and integrity, centring its efforts on responding to customer demands and market advancements.

How will the platform support FXellence’s customers’ operations?

Through the service, which delivers an intuitive online platform focusing on a customer-centric approach and offering fees starting from GBP 1 and competitive exchange rates, the company plans to optimise and simplify international business payments. FXellence customers can hold over 30 currencies in a single digital wallet, allowing them to conduct payments in more than 100 countries. At the same time, customers are set to benefit from a dedicated account manager, which assists them in augmenting their operations.

Commenting on the launch, representatives from FXellence underlined that the decision to launch the FXellence International Payments platform can be attributed to the scaled demand for optimised solutions that meet users’ needs. The company recognised this as an opportunity to address current challenges in the market, developing a customer-centric payment platform that includes an intuitive interface and an optimal onboarding experience. With Currencycloud’s technology and its security credentials, FXellence aims to ensure that customers can send money globally more safely, efficiently, and conveniently.

Latest news from Currencycloud

FXellence is not the first company operating in the cross-border payments sector to partner with Currencycloud for its solutions. For example, back in May 2024, Currencycloud collaborated with Pyvio to offer efficient cross-border payment solutions for Chinese ecommerce businesses. The alliance enabled Pyvio to leverage Currencycloud’s technology to facilitate fund collection and payments in over 180 countries and more than 30 currencies, including CNH and CNY.

Source: Link


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Keywords: financial services, cross-border payments, FX , partnership, online payments, product launch
Categories: Payments & Commerce
Companies: Currencycloud, FXellence
Countries: United Kingdom
This article is part of category

Payments & Commerce

Currencycloud

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FXellence

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