Can you lower your business transaction fees?

  • Written by News Company

Whether you can settle for an online business account like TransferWise or PayPal, or use the classic conventional option of regular banks like HSBC or CitiBank, a good business account is a very important part of your business.

Ordinary banks

Currently, most companies operate primarily online. Whether in the form of an e-commerce store or by providing online services. In both cases, you want to be able to handle numerous transactions each day. A platform with a good online API and automatic payment gateway connected to your site is superior to an oldschool bank account.

Why do you need a good business account?

As the majority of people have access to a stable Internet connection modern companies need to be present online in order to reach them, as they don’t have to limit the services only to local clients anymore. Moreover, developed global logistics enable delivering any product or service to any place in the world within just a few days.

Although domestic payments are in most cases easy and free, processing international transactions generates some significant fees. You also need to take into consideration exchange rates.Banks may charge a fee of USD 25 when sending money abroad. Big banks even charge fees for accepting foreign transactions. This is why the entire online market has been developed for independent financial platforms. To name just a few, Monese, Remitly, TransferGo, Azimo and other platforms provide cheap international remittances.Various online financial platforms are required, including cheap international payments and special offers for corporate accounts. They also allow online stores to be used with systems that use API codes.

What are some of the cheap online transfer platforms?

There are thousands of remittance platforms available on the market. The best money transfer option for you depends on your needs. Do you need to make cheap transfers? Or is the transaction speed most important for your business? Let’s take a look at some of the popular customer choices based on reviews and feedback.

  • Remitly

If you want to learn more about this platform read this Remitly Review.

  • TransferGo

If you want to learn more about this platform read this TransferGo Review.

  • MoneyGram

If you want to learn more about this platform read this MoneyGram Review.

  • WorldRemit

If you want to learn more about this platform read this WorldRemit Review.

It’s essential to read some first-hand experience and other business owners’ feedback to learn which platform will suit your business needs. Try to check the offer of different companies before settling for one. It’s also good to refresh the options once in a while and make sure there aren’t any cheaper and better alternatives available.

Lyst, the world’s biggest online fashion site

Everyone’s dressing as Eleven (or Barb) for Halloween Lyst, the world’s biggest online fashion site, is calling this year’s most popular costumes based on global search and sales data.   There’s still a month to go until Halloween, but the savviest shoppers are already sourcing their c...

Read more

Three services which are better online

With technology becoming an increasingly ubiquitous part of life, we see more and more of our everyday activities finding their way online. Certain things you may still want to do face-to-face, the old fashioned way for that human touch–like seeing a doctor, or psychologist, but there are some act...

Read more

Navigating Cold Weather in a Campervan

Loads of people love the idea of cruising through the great outdoors with the family, but hitting the road in a campervan in frigid winter is a little daunting. However, there are plenty of pros to this mode of travel in conditions others would shy away from. Tasmania is regularly the place of cam...

Read more

Three Top Tips for Increasing Your Monthly Income

Living hand-to-mouth can be a real struggle. No matter how hard you work, or how much effort you put into impressing your bosses, your income simply doesn’t leave enough left over at the end of the month. Yes, you might earn enough to just about get by, but you don’t have the cash necessary to s...

Read more

How Technology Has Impacted the Currency Markets

Technology has fundamentally changed our world. This fact is inarguable, and it’s a reality that we can see everywhere that we look. In today’s society, everything from dating to keeping in touch with friends, shopping, booking gym classes, and even ordering prescriptions can be done online, neg...

Read more

5 things to consider when picking a realestate agent

A lot of people have made mistakes with the decision about which realestate agent to entrust with the sale of a property. In any realestate transaction, the cost of making a poor decision about which agent to use can be very painful to a bank balance. Anyone who is looking for realestate to buy, ei...

Read more

Healthy Food Partnership set to save plenty of Aussie lives

The Healthy Food Partnership – to have its inaugural meeting in Canberra today – has the potential to save thousands of lives by improving the health of Australia’s food supply, Heart Foundation spokesman, Rohan Greenland, said today.   The Healthy Food Partnership – convened by Rural Hea...

Read more

Christmas Cheer Can Last the Whole Year With NSW's Event Ticket Gift Guide

This Christmas, avoid the frenzy of last-minute Christmas shopping and give loved ones an unforgettable experience with tickets to one of the many blockbuster events taking place across Sydney and New South Wales. As Australia's home of sports, arts, culture and food and wine events, Sydney and reg...

Read more

News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion