Foreign exchange broker Moneycorp has launched
a global online corporate payments service – PayCollect.
PayCollect is aimed at business and
organisations that regularly request and collect money from
overseas clients, giving them access to commercial exchange rates
and promising significantly lower transaction fees than the
majority of other systems.
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The PayCollect also allows the payer to make
payments online using a credit or debit card.
“Time, money and efficiency are crucial to all
businesses and consumers,” said Marc Morley-Freer, head of payment
solutions at Moneycorp.
“Given the amount of financial pressures that
we are facing and the increasing levels of international
transactions it is important that businesses have a secure and
simple method of requesting and receiving payments from
clients.”
