Top 5 Payment Systems for Quick International Payments

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Making international payments and transactions have never felt easier thanks to the online payment systems. Since the huge majority of companies, if not all, are on the online platform, they need to have a working and trusted payment system for their customers. 

It does not matter how you make your money online, but the bottom line is you’ll require a safe, reliable, and user-friendly payment system as an online business. Currently, there are many payment systems on the internet, and without prior knowledge, you could end up settling for less than you deserve.

Here is a listing of the top 5 payment systems that will never fail to impress both customers and the users:

  • Payoneer

It is an online payment system that enables you to receive and send money from and to marketplaces and businesses to different parts of the world. Payoneer looks to cater for business receipts, payments, and currency conversion.

That makes the platform different from a standard currency exchange platform relating to how the currency exchange works, which also depends on the status of the Payoneer accounts. Payoneer services target professionals, business owners, freelancers, and product or service marketplaces.

The system offers currency conversions, direct payment solutions, integrations, and other diverse ways to pay employees in businesses. Note that Payoneer services are not intended for personal use but only companies.

Among the top marketplaces that work with Payoneer include Fiverr, Upwork, Amazon, Airbnb, etc. Payoneer cuts across different industries such as advertising, eCommerce, rentals, freelancing, and stock photography.

  • Areto Systems

Areto is a payment system that offers credit card processing services to businesses on the online platform to more than 140 countries. With a stringent online payment gateway, the company can provide online payment services to both high-risk merchant account and low-risk merchants.

Did you know Areto systems is a Malta-based organization? They look to present every business with a safe and reliable means to make payments, whether you are starting up or you are an established business. 

Their payment system ARETOPAY is designed in a way that is readily usable by anyone integrating the high-security features and also the tons of shopping carts. The system also accepts major debit and credit cards such as JCB, American Express, VISA, MasterCard, Diners Club, or Discover.

Having a variety of payment options makes the payment system viable for any business as your customers may be having different credit or debit cards. The company also has a very supportive and engaging staff that will assist you promptly if need be.

  • Globitex

Globitex is typically a cryptocurrency marketplace that looks to take care of retail and international clients. The company operates on three strong pillars, namely security, reliance, and transparency. 

The platform offers clients and businesses a seamless way to make the crypto-to-fiat trades. The exchange presents users with a fully-fledged Euro wallet that enables lightning-fast withdrawals and deposits. 

Globitex is suitable for retail clients and professional traders who aim to take their business to a higher level. Several cryptocurrencies are available for trading against the Euro here, and they include Bitcoin Cash, Bitcoin, Ethereum, and Stasis. Traders can also access Ethereum and Bitcoin pairs against the Globitex Token.

The payment system is categorically among the best international payment systems. It has a Euro Wallet which facilitates convenient withdrawals and deposit of cash by the users. The Euro wallet also enables traders to transfer funds externally.

Whereas it may take several days to complete an international transaction, the Euro wallet makes instant transfers. The wallet is ideal for businesses dealing with cryptocurrencies. It is perfect for startups and crypto miners as it becomes challenging to deal with significant crypto figures. The platform is also among the most secure and safe international exchanges.

  • PayAlly

PayAlly is a UK-based company that enables merchants and business people to send and receive cash from other countries. The company provides a wide range of commerce services to clients that will allow them to successfully and efficiently sell their services or goods. 

By combining e-commerce knowledge acquired by the founders of the platform, PayAlly makes good use of cutting-edge technology to deliver individual and unique payment card acceptance solutions. 

Among the top services offered include:

  • Dynamic currency conversion
  • Multicurrency processing
  • P2P card to card payments
  • Payments by link and e-invoicing
  • Mail order and telephone order payments
  • Next day settlement
  • Recurring payments
  • Dynamic Descriptor
  • Airline addendum
  • Tokens
  • Fraud and risk monitoring

The payment system addresses the needs of almost every other industry in the online space thanks to the vast array of merchant transaction processing. With the company, you are sure to receive appropriate resources and help online if you need it.

PayAlly also incorporates online sales and marketing tools and traditional business methods to help achieve more efficiency.

  • MoneyNetint

It is an electronic money company that offers international payment services to merchants. The institution provides personal IBAN accounts, business IBAN accounts, SEPA payments, credit card processing, debit cards, and merchant payment solutions. 

MoneyNetint was incorporated in the UK, and it is regulated by the FCA (Financial Conduct Authority). The company started as a family business but later transformed in 2004 to a global provider of online banking solutions.

MoneyNetint presents transparent and secure operations through an easy-to-use interface that has no hidden fees. The company will send your prepaid card upon request in a month or within seven should you select the “express shipping” option.

You can make overseas payments and wait for 3-5 working days for the money to reflect in the MoneyNetint account. In case you make the payment from a European bank account, be sure to get the cash in your MoneyNetint account between 1-2 business days. 

With this company, there is no limit to the amount of cash you can transfer. You are enabled to transfer any amount as long as you abide by the policies and rules in place. Services by MonetNetint include:

  • Virtual or physical debit cards
  • Mass payments
  • No hidden fees
  • Credit card processing
  • Request and accept payments
  • Internal payments
  • Change currencies
  • International payment services
  • Local currency accounts

 

Final Thoughts

International money transfers have never felt safe and secure with these companies. However, there are many international payment systems, so you should do your due diligence in determining the perfect institution for your business.