Transpay's Series

Ultimate Guide to Local Bank Transfers

 

OVERVIEW

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.

Getting to Know Local Bank Transfers: What They Are and How They Can Work for You
Getting to Know Local Bank Transfers
What They Are and How They Can Work for You

 

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!

WHAT'S INSIDE?

  • Beginning at the Beginning: What Local Bank Transfers Are
  • Understanding the Place of Local Bank Transfers in the Payouts World
  • How to Know if Your Company Needs to Offer a Local Bank Transfer Option
  • Digging into Local Bank Transfers

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Building a Payouts Channel for the 2020s and Beyond: Getting on Board with Local Bank Transfers
Building a Payouts Channel for the 2020s and Beyond
Getting On Board with Local Bank Transfers

 

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.

WHAT'S INSIDE?

  • Exploring the Trends Driving the Dynamic New Digital Economy
  • Understanding the Rise of Local Bank Transfers
  • Building an Optimal Payouts Channel for the 2020s and Beyond

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Removing Friction From the Payments Flow: Deploying Local Bank Transfers as a Competitive Advantage
Removing Friction From the Payments Flow
Deploying Local Bank Transfers as a Competitive Advantage

 

In this third installment in an ongoing series, we’re going to take a look at how Local Bank Transfers can be an ally in your quest to remove friction from your payouts experience and stay on top in an increasingly crowded field of competitors.

We’ll challenge you to see payouts through a recipient’s point of view, and ask, are you ready to stop paying your recipients on your terms and start paying them on their own terms?

We'll also share what you should expect your payouts provider to know when it comes to vitally important behind-the-scenes functions including compliance, risk, foreign exchange, and transparency and pricing. Get ready to gain a competitive edge with Local Bank Transfers!

WHAT'S INSIDE?

  • Balancing Your Payments and Payouts Options
  • Transforming Your Payouts into a Competitive Advantage
  • Building a Competitive Payouts Offering Around Local Bank Transfers
  • Identifying and Solving Common Payments Problems
  • Prioritizing the Recipient Experience

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