What types of companies can benefit from enabling cross border payments?

All companies can benefit from the recurring revenue opportunity that processing cross border payments can provide. Additionally, companies whose customers are low income, unbanked, or underbanked will benefit from the addition of cross border payment capabilities. These types of consumers are already making these types of transactions, but through more time consuming and expensive channels like wire transfers. That means if you’re able to offer them a more convenient, faster, cheaper alternative, then not only will they find massive value add in your fintech service offering, but they’ll make more transactions through your service, which provides for more revenue and profitability.