How Businesses Can Save on International Payments

The Hidden Costs of International Business Payments

For businesses operating globally, international payment costs can quickly add up. Between high exchange rate markups, multiple intermediary fees, and unfavorable payment terms, businesses often lose 3-6% on every international transaction.

PayZen Business Solutions

PayZen offers specialized business services including POBO (Payment on Behalf Of) and COBO (Collection on Behalf Of) services that can significantly reduce your international payment costs.

Multi-Currency Accounts

Hold money in multiple currencies and only convert when needed. This eliminates constant conversion fees and allows you to take advantage of favorable exchange rates.

Batch Payments

Pay multiple vendors in one transaction, reducing per-payment fees and administrative time.

API Integration

Automate your payment workflows with our robust API, saving time and reducing errors.

Best Practices for Businesses

• Negotiate payment terms that give you flexibility on timing
• Use multi-currency accounts to receive payments in local currencies
• Set up automated payment schedules to reduce administrative overhead
• Consider forward contracts to lock in favorable rates for future payments
• Centralize your international payments through one provider for better rates

How PayZen Business Can Help

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Ready to reduce your international payment costs? Explore PayZen Business solutions and see how much you can save.