Windsor First and Currencycloud have announced a partnership on cross-border payments.
Windsor First is a Hong Kong-based Fintech that aims to provide dedicated digital payment and remittance solutions for eCommerce and business.
Currencycloud is a technology provider for payments and transfers that has processed more than $100 billion to over 180 countries, working with banks, financial institutions and Fintechs around the world.
Windsor First is launching a new multi-currency account solution to help its clients optimize their B2B and eCommerce international payments processes and access a wider range of currencies at competitive FX rates.
By partnering with Currencycloud, Windsor First expects to offer a more streamlined onboarding process for customers and will provide clients the ability to seamlessly accept and process multi–currency payments from many different jurisdictions, as well as locally in the US, Canada, UK, and Europe.
Windsor First said that it is consolidating its global expertise and reputation towards collection and payment solutions by offering its customers named accounts through Currencycloud’s multi-currency IBAN solution. Additionally, Windsor First is now able to access real-time rates so they can provide their clients with the best possible FX prices.
Jeff Iu, CEO at Windsor First, said:
“Windsor First aims to optimize cross-border transactions for our clients so that it is a simple digital payment flow for them. Currencycloud enables us to do just that. We can now offer multi-currency accounts and offer a better FX rate to our clients, allowing us to remain highly competitive in the digital payment and collection market.”
Says Rohit Narang, Managing Director of APAC, at Currencycloud, added:
“Windsor First understands the issues of international business and in offering a multi-currency account solves many of those problems immediately. We are delighted to be part of their solution.”