TransferMate Global Payments has launched a cross-border platform for accounting practices to provide outsourced payment solutions to clients.
Accountants using TransferMate’s payments platform can login, set up payments and have them authorised internally or by clients. The accountant, the client and the payee are all notified as soon as payment has been sent. Bulk payment files can also be uploaded allowing clients to save significant time in processing payments.
The platform directly integrates into clearing banks worldwide, with the aim of allowing payments to be sent more quickly than with a traditional bank, and eliminating international wire fees for both the client and the payee.
“The international payments market is worth over $26 trillion annually. We are very excited to open this platform up to accounting partners worldwide and have teams in place in all of our key markets to train accounting partners,” said Barry Dowling, co-Founder of TransferMate Global Payments, in a statement. “There is an appetite among leading accounting practices to be seen to deliver services that will ultimately save their clients time and money and allow them to focus on their business.
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