Author: Vellis Team

Sending money via wire transfers can be expensive, but there are ways to avoid or reduce these fees. Online payment platforms like Venmo, Zelle, and PayPal often charge little to nothing compared to banks. ACH transfers are another budget-friendly option for domestic payments.

In this thriving tech frenzy world, where digital transformations are shaping the world of finance, it has become utterly challenging to keep track of numerous payment alterations. Real time payments or RTPs focus on enabling easier, faster, and more productive payment methods that enable immediate transfer of funds 24/7. 

SEPA payments represent the cosmopolitan and revolutionary payment method conducted mainly in the EU and certain non-EU countries. Its pivotal role in simplifying euro-denominated transactions has become a game changer for numerous industries. SEPA payments represent a fantastic initiative by the European Union to streamline standardized payments across Europe and make them faster and more…

In the era of sprucing digital advancements, users have found it particularly practical to rely on wire transfer regulations for speed, safety, fraud prevention, money laundering, and many more. Plenty of individuals and businesses across the globe have found it particularly easy, practical, and safe to send money abroad through international wire transfers. In addition,…

Long forgotten are the days when cash and cards were the only ways to pay for something. Nowadays, an abundance of innovative technological changes has brought upon spring and professional alternative payment methods that are becoming more popular due to their speed, efficiency, and reliance. The shift from traditional (seemingly slow and boring) credit card…

Cross-border payments refer to transactions where money moves between two countries. Whether for purchasing goods, sending money to family, or facilitating international business, these payments are essential for global trade and finance. Methods include bank transfers, credit card payments, e-wallets, and mobile payments.

The best international payment gateways in 2025 provide businesses with seamless, secure global transactions. By 2030, the international payment gateway market is projected to hit $106.4 billion USD. Choosing the best payment gateway for cross-border finance is crucial for success.

A SWIFT code is a unique identifier used by banks for international transactions. It consists of 8 to 11 characters that include the bank’s name, country, location, and sometimes a branch code. Also known as a Bank Identifier Code (BIC), a SWIFT code ensures that money is sent securely between financial institutions worldwide.

Blockchain technology is transforming cross-border payments, making them faster, cheaper, and more secure. By eliminating intermediaries and leveraging decentralized ledgers, it reduces processing time and costs while improving transparency. Adoption is growing across Asia-Pacific, Europe, and Latin America, with central banks exploring digital currencies (CBDCs) as part of this shift.

Mobile payment processing lets people make payments using their mobile devices, changing how we handle money and ditching traditional payment methods.