Incard partners with Currencycloud

According to Payoneer, the growth of digital business has presented new opportunities for entrepreneurs globally, and, with the increase in cross-border digital payment solutions, enterprises can now offer their products and services to customers all over the world. B2B payments provide a secure and cost-effective method for businesses to make and receive payments. While traditional payment methods, such as checks or wire transfers, are time-consuming and costly, digital payments can be completed in real time, providing improved control over cash flow and reduced risks of error and fraud.

However, SME owners still encounter issues when trying to make cross-border payments. Some of the challenges that businesses face include fluctuating exchange rates, high fees, as well as legal and regulatory issues. In order to overcome some of these difficulties, SMEs can use a digital platform that can manage transaction monitoring and the payment process, while offering transparency, functionality, regulatory compliance, and integration with other software or platforms.

Currencycloud enables businesses to make payments across borders and transact globally in multiple currencies. Their clients can integrate digital wallets, while also being able to embed finance into their business. The company works with banks, financial institutions, and fintech around the world, including Starling Bank, Revolut, and Lunar.

Incard is not the only company that partnered with Currencycloud recently. At the end of August 2023, GO Markets started a collaboration with the company to streamline and automate client deposits and withdrawals. With the integration of Currencycloud’s APIs, GO Market can provide a seamless and cost-effective service to its global clients.

Moreover, MOIN partnered with the payments platform to expand global coverage for South Korea’s remitters while also improving the cross-border payment experience for customers. The alliance will allow MOIN to respond to fluctuations in the FX market, with Currencycloud’s FX rates, therefore decreasing costs and offering savings availability for clients.