As a business, borderless™ saves you money in five ways:
- When collecting a payment, borderless™ charges a simple and transparent fee (See pricing page) that is 90% less than what credit card payment processor charge. For example in the US, for local payments, borderless™ charges 0.1% + 30c while credit card processors charge 2.9% + 30c!
- Our fees are capped which means for large transactions, we don’t charge a huge fee.
- borderless™ provides you with a more competitive exchange rate than your bank or PayPal, getting you more for your buck.
- borderless™ utilizes a local yet global infrastructure. When we deliver funds, we use local payment rails for faster payments and avoid your bank charging you incoming wire fees.
- borderless™ provides a multi-currency balance where you can hold, exchange and receive foreign payments without getting hit by any FX fees. Convert at your on time and using our great exchange rates.