We use cookies to enhance user experience.Go to cookie policy pageLearn More
Blogs>
Cross-Border Payments for Businesses Made Easy: Introducing Sendsprint for Business

Editor's Pick

Cross-Border Payments for Businesses Made Easy: Introducing Sendsprint for Business

Joba Adejumo picture
Joba Adejumo

Cross-Border Payments for Businesses Made Easy: Introducing Sendsprint for Business

In the fast-evolving landscape of international financial solutions, there still exists one major problem that many financial providers have paid little attention to — how businesses, freelancers, and organizations can easily make financial transactions in and out of Africa. From long settlement times (typically 5–14 business days) to no USD settlement options, to very unreasonable onboarding timelines, businesses need a better way to process payments internationally.

This is why we are pleased to officially introduce our new product: Sendsprint for Businesses; a payment product set to streamline the processes that businesses, freelancers, and global organizations go through to carry out cross-border payments in and out of Africa.

WHO IS SENDSPRINT BUSINESS FOR?

  1. Africa-based Businesses: For businesses operating within African countries such as Ghana, Nigeria, Kenya, and South Africa, Sendsprint Business is a 360-business solution that allows businesses easily collect payments from their customers in countries such as UK, US, and Canada. Our product also helps to support international vendor and supplier payments for Africa-based businesses with suppliers and vendors in countries such as UK, US, Canada, Turkey, China, and UAE.
  2. Diaspora Businesses: For businesses and organizations in the diaspora (UK, US, and Canada) looking for an efficient, secure, and easy method to manage payouts into Africa, Sendsprint Business stands as a reliable partner for their finance teams.

WHY SENDSPRINT BUSINESS?

Among the few alternatives available today, here’s why you should CHOOSE Sendsprint Business:

  1. Instant Settlement Service: With Sendsprint for Businesses, businesses can enjoy the convenience of instant settlement of payments, ensuring immediate access to their funds without unnecessary delays.
  2. USD Settlement Options: Business owners and freelancers in Africa can choose between receiving payments for products and services in local currency, or better still — USD equivalent right in their domiciliary account.
  3. Quick Onboarding Timeline: No more long waits to get started. With Sendsprint Business, businesses can complete onboarding in hours instead of days.
  4. User-friendly dashboard: Businesses no longer have to worry about carrying out reconciliation. With Sendsprint for Business, you have access to a user-friendly dashboard that gives a comprehensive view of the payments received and sent.
  5. Flat Fee Transaction: Sendsprint Business distinguishes itself with a transparent flat fee structure, eliminating the uncertainty associated with traditional payment methods.
  6. Payment in Local Currency: If all you want is your local currency, then say goodbye to the complexities of currency conversion. Sendsprint Business allows payments in the local currency thereby making transactions smoother and more cost-effective.
  7. Bulk and Recurring Payments: Scale your payment operations effortlessly with the ability to make bulk payments or set up recurring transactions seamlessly.
  8. Multiple Payment Options: Choose from a variety of payment methods, including Mastercard, ACH, Wire, Google Pay, and Apple Pay for your convenience.

MARKETS SUPPORTED

Sendsprint Business supports payouts in key markets such as the UK, US, Canada, UAE, China, Turkey, Nigeria, Ghana, Kenya, and South Africa. With access to these markets, you can be sure of your business indeed having a global footprint.

HOW TO GET STARTED ON SENDSPRINT BUSINESS

Get started screen on desktop

To get started on Sendsprint Business as a sender or as a receiver, simply go through the following steps:

  1. Go on to www.business.sendsprint.com/
  2. Select Create Account
  3. To receive payments from clients and customers abroad, Sign up “As a Receiver”
  4. To make payouts to employees/suppliers in Africa, Sign up “As a Sender”
  5. Sign up with your details
  6. Complete your Business KYC
  7. Go on to your dashboard and start transacting

For receivers;

8. Connect your settlement account

9. Create your payment link

10. Share with your customers and get paid!

CONCLUSION

With Sendsprint for Business, both global organizations and business owners can now enjoy efficiency and reliability when sending and receiving payments for goods and services in Africa and the global diaspora.

To get started with Sendsprint for Business, you can send our sales team a quick email at business@sendsprint.com