Fast and secure cross-border and international payments for your business
The financial operations of international companies and payments abroad are examined from various perspectives — including expert commentary, real-world case studies, and practical guides. The content explores the foundations of international transactions, the transformation brought by globalization, and the key challenges impacting today’s global payment infrastructure, along with effective strategies businesses use to address them.
Among the covered topics are cost reduction techniques, enhanced payment security measures, and tools to streamline financial processes. These insights help companies refine their financial operations and make informed decisions related to international business payments.
In-depth materials highlight the differences in how goods and services are paid for across countries, giving readers a clearer view of international transaction practices. Special attention is also given to methods of managing expenses — from remittance fees to transaction costs — while offering realistic options for cross-border payments that support efficient and scalable global operations.
International payments guides
- SWIFT correspondent banks
No single bank maintains accounts everywhere. When two institutions lack a direct relationship, they call on an intermediary—a correspondent bank—that holds “nostro” and “vostro” accounts for each side. The originating bank debits its nostro at the correspondent, the correspondent credits the beneficiary’s bank via another internal ledger, and the payment reaches its destination without the two endpoint banks ever touching. … Read more - SWIFT Go for small payments
Sending a modest invoice to a designer in Berlin or reimbursing a supplier for sample materials in Seoul used to feel out of proportion to the amount involved. Traditional SWIFT wires charged the same fees and took the same two-day journey whether you moved ten thousand dollars or ten million. SWIFT Go rewrites that rule book for low-value transfers. Below … Read more - SWIFT GPI for faster tracking
The SWIFT network has been the backbone of international payments for fifty years, but until recently it felt as sluggish and opaque as sending a letter by sea. Funds disappeared for days, correspondent banks clipped undisclosed fees, and only a tracer request could reveal where the money sat. SWIFT gpi—global payments innovation—changes that experience almost overnight. It upgrades the familiar … Read more
International payments in industries
- Airlines, OTAs & Metasearch
Airline money does not flow like retail money. A single passenger name record spawns an e-ticket, one or more EMDs for seats and bags, card captures through multiple acquirers, BSP/ARC remittances from agencies, and later a chain of ADMs/ACMs and involuntary refunds when schedules slip. If finance treats those artifacts as mere “booking data,” cash will drift, chargebacks will spike, … Read more - Higher Education & EdTech
Universities move money on two calendars at once. The academic calendar decides when students enroll, drop, or graduate; the treasury calendar decides when invoices go out, grants land, dorm deposits are due, and banking cut-offs bite. If those calendars are wired together, admissions stops firefighting, DSO tightens, and international intake grows without turning month-end into archaeology. The practical work is … Read more - Gaming & Esports
Games are software until money shows up. Then they become miniature economies with tax, FX, fraud rings, minors, and prize obligations that cross borders. If finance doesn’t shape those flows early—how wallets are funded, how virtual items are priced and refunded, how stores settle, how creators and players get paid—the studio ends up treating accounting like a post-production clean-up. The … Read more
Cross-Border Payments in Countries
- Real-time payment innovations in the Asia-Pacific region
The Asia-Pacific region is leading the world in payment innovation. Countries across the region — from Singapore and Thailand to Australia, India, and South Korea — are developing real-time payment systems that are not only modernizing domestic transactions but also enabling instant international transfers. These initiatives are redefining the speed, transparency, and efficiency of cross-border payments for businesses and consumers … Read more - How fintechs simplify cross-border transfers in Latin America
Latin America has historically faced high fees, long processing times, and limited transparency in cross-border payments. Traditional banking systems in the region often rely on intermediaries, causing delays and inflated costs for both individuals and businesses. Over the past few years, however, fintech companies have emerged as a powerful force reshaping how money moves across borders. By combining technology, compliance, … Read more - Challenges of cross-border payments in Russia
Russia’s cross-border payment system has undergone fundamental changes in recent years. As access to international banking networks narrowed due to sanctions, the country has focused on building domestic alternatives and strengthening ties with friendly economies. For businesses, this means operating under a more complex environment where compliance, currency conversion, and payment routing require careful planning. The Central Bank of the … Read more
Case Studies
- EU Retail – Mainland China
When European teams say “China is hard,” they rarely mean demand. They mean cash. Cards approve on small baskets and wilt at scale; wires arrive with truncated references; refunds turn into diplomacy; finance learns new acronyms every week. The team I’ll describe didn’t “add a method.” They built a system: let Mainland shoppers pay on rails they already trust, make … Read more - EU Marketplace – Japan & South Korea
Japan and South Korea look similar on the revenue slide—high card penetration, famous wallets, affluent buyers. Payments tell a different story. If you treat both markets as “just add cards and wallets,” you’ll end up with stalled conversions, slow refunds, and reconciliation chores nobody volunteers for. The teams that win take a quieter path: domestic bank rails first, virtual accounts … Read more - Usage-based SaaS
When your pricing model depends on consumption, cash doesn’t arrive in a neat monthly transfer. It drips in micro-payments. That sounds elegant—until “billing day” turns into a call center for complaints: disputed charges, “why this amount?”, failed payments, cross-border fees, messy refunds, credit notes that don’t match invoices. What follows is the framework we used to rebuild collections for a … Read more