If you want to learn about Local Bank Transfers, what they can do for your company and the basics of how to use them — you’ve come to the right place! Welcome to The Ultimate Guide to Local Bank Transfers. Here, you’ll find answers to your most pressing payouts questions.
The premise of The Ultimate Guide to Local Bank Transfers is that anyone can learn the ins and outs of Local Bank Transfers and in doing so, understand a whole lot more about the current payments ecosystem. We’ll aim to show you where Local Bank Transfers fit in, and why you should care about whether or not you offer them. You’ll get helpful advice for navigating the sometimes murky and confusing world of global mass payouts while you learn to discern between various payouts forms and their pros and cons.
With the growth of the digital economy, businesses need to make regular, mass global payouts to their recipients around the globe. Facilitating these payouts in a timely, cost-effective, secure and transparent fashion is increasingly critical for business success.
Local Bank Transfers can be used by a wide range of businesses, from payroll companies who pay out employees to publishers who pay out their affiliates.
In this guide, you will learn the fundamentals of Local Bank Transfers, including how they enable global mass payouts from your company's bank account directly into recipients' accounts in their local currency.
You'll discover how they manage to do it at an exceptionally low cost, at speeds that often approach real time and with extremely high security. The rewards for those who use Local Bank Transfers are great — why not give them a try!
In this second installment in an ongoing series, we'll examine the digital economy's dynamic growth, the opportunity for forward-thinking businesses to expand their reach into new markets and the significant role that a payouts channel can play in a global expansion plan.
We'll share the latest trends in payouts and best practices when it comes to vitally important functions including compliance, risk, forex and transparency and pricing.
Finally, we’ll take a look at Local Bank Transfers’ unparalleled ability to forge new paths for you in countries that were formerly hard to reach, in terms of payouts.