Monneo launches multi-currency IBAN accounts

The company added a new European bank partner and can offer multi-currency IBAN accounts to customers, allowing merchants to receive payments in different currencies while still store all funds in a centralised account.

The service addition implements cross-border payments which will positively impact the platform’s clientele base expansion. Ecommerce merchants who are looking to sell their goods on international markets will also benefit from Monneo’s latest feature, allowing them to receive settlements in various currencies, which will save them time and money.