The new cross-border payment service is designed to offer merchants free online payment operations available in GBP and EUR including sending or receiving funds via a Euro-focused borderless bank account.
Online sellers across marketplaces including Amazon, Etsy, Rakuten, eBay, and Cdiscount can save around 4% on each overseas transaction by avoiding default rate offered by online marketplace providers. They also will stay ahead of foreign exchange (FX) market trends to manage fluctuations in exchange.
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