Welcome to The Axis, your look at payments news from around the world. Coverage includes the expansion of the alliance between Western Union Business Solutions and Mexico’s Banco Monex. In addition, U.K.-based Volopa has unveiled contactless multi-currency prepaid cards and India-based Obopay purchased mobile app company Mubble. Western...
A company no longer has to be a massive, multinational conglomerate to be exposed to foreign exchange fluctuation risks. Small businesses are going global, too, establishing partnerships and business relations with customers and suppliers overseas, as well as physically traveling across borders. According to Jay...
A company doesn’t have to be a massive, multinational corporation to feel the punch of foreign exchange (FX) volatility. Small and medium-sized firms (SMBs) are more encouraged than ever to expand across borders, whether that be trading internationally or physically traveling to new markets to...
September 14, 2020
The pandemic, and the international trail of economic chaos it has wrought, has thrown the growing importance and relevance of readily available digital remittance products into stark relief worldwide, Volopa Director Jay Wissema told Karen Webster, as both senders and receivers have been forced by necessity to change their habits. Pre-pandemic, particularly on the receiver […]
