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OANDA launches cross-border payment solution for companies in North America

Thursday 28 January 2021 14:27 CET | News

OANDA has joined forces with Currencycloud to deliver a new international money transfer service to

According to the press release, the solution is called OANDA FX Payments, and has been made possible through a joint collaboration with Shift Connect. OANDA FX Payments enables corporate clients to make cross-border payments in 35 currencies, quickly and easily through a safe and reliable online platform. The solution helps companies reduce the cost of international transactions while hedging their currency risk and protecting their bottom line. Featuring a streamlined user experience, the platform also offers clients a completely personalised customer support service. 

Furthermore, the partnership combines OANDA’s expertise in foreign exchange with Currencycloud’s payment technology and Shift Connect’s customer support to offer a simple, reliable international money transfer solution for businesses, large or small.

OANDA FX Payments is available to corporate clients through OANDA Business Information and Services Inc. The firm also offers a wide range of FX Data Services including the OANDA Exchange Rates API, which provides access to daily averages, spot and forward rates, central bank exchange rates and tick-level data for 38,000+ currency pairs, over 200 currencies, commodities, and precious metals, as well as exchange rates sourced from 25 central banks and historical currency rates that date back to 1990. 


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Keywords: OANDA, Currencycloud, business partnership, product launch, international money transfer, North America, OANDA FX Payments, FX , foreign exchange, cross-border payments
Categories: Payments & Commerce
Companies:
Countries: North America
This article is part of category

Payments & Commerce