{"id":2506,"date":"2019-03-22T10:07:38","date_gmt":"2019-03-22T15:07:38","guid":{"rendered":"http:\/\/thecareerintrovert.com\/?p=2506"},"modified":"2019-03-22T10:07:41","modified_gmt":"2019-03-22T15:07:41","slug":"international-payments-for-small-businesses","status":"publish","type":"post","link":"https:\/\/thecareerintrovert.com\/index.php\/2019\/03\/22\/international-payments-for-small-businesses\/","title":{"rendered":"International Payments For Small Businesses"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Does your business need to make an overseas payment? Perhaps you need to pay a supplier that is based in another country? Maybe you have taken on a remote worker based overseas? Whatever your needs may be, you need to consider the payment process carefully. There are many different ways to make international payments, and you need to make sure you find a secure, convenient and cost-effective method for your business. With that being said, read on to discover some useful tips that could help you.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"680\" src=\"https:\/\/i0.wp.com\/thecareerintrovert.com\/wp-content\/uploads\/2019\/03\/stock-624712_1920-1024x680.jpg?resize=1024%2C680&#038;ssl=1\" alt=\"\" class=\"wp-image-2507\" srcset=\"https:\/\/i0.wp.com\/thecareerintrovert.com\/wp-content\/uploads\/2019\/03\/stock-624712_1920.jpg?resize=1024%2C680&amp;ssl=1 1024w, https:\/\/i0.wp.com\/thecareerintrovert.com\/wp-content\/uploads\/2019\/03\/stock-624712_1920.jpg?resize=300%2C199&amp;ssl=1 300w, https:\/\/i0.wp.com\/thecareerintrovert.com\/wp-content\/uploads\/2019\/03\/stock-624712_1920.jpg?resize=768%2C510&amp;ssl=1 768w, https:\/\/i0.wp.com\/thecareerintrovert.com\/wp-content\/uploads\/2019\/03\/stock-624712_1920.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Set up notifications for exchange rates so you can make better decisions <\/strong><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One thing you should do is keep an eye on the exchange rate to make sure you get the most for your money. If you do not need to make a payment immediately, it is worth setting up an email or phone notification, so you receive a message whenever the exchange rate hits a level that has been predetermined by you. You can also take advantage of this feature in another manner, i.e. by purchasing currency whenever the rate is good. This is ideal if your <a href=\"https:\/\/thecareerintrovert.com\/index.php\/2019\/03\/15\/when-should-business-owners-seek-out-professional-advice\/\">business<\/a> makes regular overseas payments. <br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Carefully consider your options for making the payment<\/strong><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aside from this, you need to assess the method of sending the money. This is why it is so beneficial to use online money transfer services, as you can send the payment in a matter of minutes. If you were to go for a different approach, let\u2019s say sending your money via the bank, then you would have to go into your branch, which would take time. You can make payments via online banking, but these usually take a while to process and you will be charged quite a high fee for doing so. If this is going to be a recurring payment, you should look into the different solutions available. For example, you can use <a href=\"https:\/\/www.cloudpay.net\/en-gb\/\">Cloudpay<\/a> if you are going to be paying employees based in different parts of the world. <br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Look at the different fees included <\/strong><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not only do you need to consider the exchange rate when you are making an international payment, but you need to look at the transfer fees as well. If the <a href=\"https:\/\/www.xe.com\/currencyconverter\/convert\/?Amount=1&amp;From=GBP&amp;To=USD\">exchange rate<\/a> is surprisingly good, this could mean that the transfer fee is quite high. Consider everything carefully before you make a payment. <br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Don\u2019t rush into your decision when choosing a provider <\/strong><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last but not least, you also need to ensure you go for a trusted provider; someone that has an excellent reputation. You should also look for a company that offers a great support service, as you never know when you could find yourself requiring emergency assistance. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Does your business need to make an overseas payment? Perhaps you need to pay a supplier that is based in another country? Maybe you have taken on a remote worker based overseas? Whatever your needs may be, you need to consider the payment process carefully. There are many different ways to make international payments, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-2506","post","type-post","status-publish","format-gallery","hentry","category-business","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>International Payments For Small Businesses - The Career Introvert<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecareerintrovert.com\/index.php\/2019\/03\/22\/international-payments-for-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International Payments For Small Businesses - The Career Introvert\" \/>\n<meta property=\"og:description\" content=\"Does your business need to make an overseas payment? 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