SWIFT and SEPA: What’s the Difference?
POSTED ON: 26 Feb, 2021
Every second, over 700 wire transfers are being processed throughout the entire world. Although the number of different payment networks is far more than the number of countries, as probably every country has its local transfer scheme, and there are a multitude of private wire transfer countries, more than 500…
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Unique White Label Cards Just in a Few Weeks
POSTED ON: 17 Feb, 2021
Many mid-size businesses and large enterprises issue their branded cards for both employees and customers. The significance of this function shouldn’t be neglected, as it can drastically improve business operations. It’s worth noting though that branded card issuing and management from the ground-up is very complicated and expensive, so all…
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All You Need to Know About SWIFT Transfers
POSTED ON: 8 Feb, 2021
In 1973, the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, has been created in Brussels by 239 banks from 15 countries. The primary goal of it was the creation of a single standard for payment network, with standardized messages enabling banks to send and receive SWIFT transfers. By now,…
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Trading Deal with China Brings New Opportunities for European Businesses
POSTED ON: 21 Jan, 2021
On December 30th, 2020, Chinese Minister for Foreign Affairs Wang Yi and the European leaders have concluded the negotiations for a Comprehensive Agreement on Investment between the EU and China. This has laid a strong foundation towards opening up safe foreign trading for European and Chinese investors and businesses. While…
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