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OFX Global Payments Review
What is OFX Global Payments?
OFX Global Payments is a money transfer service provider that delivers versatile, and tailor-made solutions that speed up sending money overseas while helping users save and keeping their profits intact.
OFX Global Payments offers a simple and fast 3-step process for sending money overseas: (1) sign up and lock-in your transfer (total amount you wish to send/transfer, the currency, and details of the recipient); (2) send your funds to OFX Global payments via wire transfers from your bank account or via ACH direct debit; and, (3) OFX Global Payments will transfer the funds within 1-2 days.
With OFX Global Payments, businesses and even simple individuals can send money anywhere abroad while enjoying the lowest currency exchange and zero transfer rates.
Show MoreOverview of OFX Global Payments Benefits
OFX Global Payments provides you with a money transfer alternative that costs you less and saves you more as compared to money transfers done through banks and money remittance service providers. With OFX Global Payments, your foreign exchange expenses are so low that you can save up to 50% on the rates as opposed to sending money overseas via bank transfers.
OFX Global Payments offers you with a tailored service based on the size of your business and the amount of money you send overseas. On top of that, you are also treated to currency market expertise from people who lives and breathes in the foreign exchange industry. Add to the mix secure transactions, low margins, zero fees, and 24/7 support, OFX Global Payments has everything you need and want to help you manage your foreign currency exposure and reduce your costs on international money transfers.
OFX Global Payments incorporates technology with a wide network of global financial institutions, enabling them to provide you with a versatile, rapid, and secure way to transfer your funds overseas. You can move your money to more than 190 countries in 55 different currencies including Australia., Belgium, France, Germany, Indonesia, Ireland, United States, United Kingdom, and more.
Show MoreOverview of OFX Global Payments Features
- Money Transfer
- Currency Converter
- Forex Risk Management
- Paying Overseas Staff
- Receive International Payments
- Send Mass Payments
- Paying Overseas Suppliers
What Problems Will OFX Global Payments Solve?
1) A US Company is paying international suppliers in Europe, Canada, Australia, Asia and is converting USD to EUR, CAD, AUD, INR, etc. The exchange rate they are receiving from their bank has an extra high margin of 1-5%, plus there are international transactions fees.
OFX reduces the margin and removes the fees, instantly showing a saving.
2) A US-based Online Marketplace Seller is selling products on Amazon Europe, UK, Australia, etc. After all the typical merchant processing fees, there is typically an additional 3.5% fee to convert the GBP, EUR, CAD, etc. to USD.
OFX offers a virtual account to upload into the marketplace and dramatically reduce that margin. Allowing the Seller to make more profit instantly and easily. Also, the OFX platform allows the Seller to pay local taxes and suppliers directly with their foreign currency.
3) A US person is buying a house in France. They need to send the seller EURs.
OFX platform will enable them to use less USD to deliver the same amount of EUR. So the cost of their house effectively drops by 1-5% based on their local USD currency.
Awards & Quality Certificates
OFX Global Payments Position In Our Categories
Keeping in mind companies have distinct business-related needs, it is only reasonable they avoid seeking an all-in-one, ideal software product. Still, it would be almost impossible to discover such an app even among widely used software systems. The sensible thing to undertake is to list the several significant functions that necessitate analysis such as important features, budget, technical skill aptitude of staff members, organizational size, etc. Next, you must do your product research thoroughly. Go over some OFX Global Payments analyses and check out the other solutions in your shortlist more closely. Such detailed research ensure you weed out ill-fitting apps and select the one which has all the tools your company requires for optimal results.
Position of OFX Global Payments in our main categories:
TOP
50
OFX Global Payments is one of the top 50 Accounting Software products
Every company has different wants and needs a software that can be customized for their size, kind of employees and buyers, and the specific industry they are in. For these reasons, no platform can provide perfect features out-of-the-box. When you try to find a software product, first be sure what you require it for. Read some OFX Global Payments Accounts Payable Software reviews and ask yourself do you want basic tools or do you require complex functionality? Are there any industry-specific tools that you are seeking? Find the answers to these questions to assist your search. There are multiple elements that you need to consider and these include your budget, specific business wants, your organization size, integration needs etc. Take your time, use a few free trials, and finally choose the app that offers all that you need to improve your company efficiency and productivity.
How Much Does OFX Global Payments Cost?
OFX Global Payments Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are OFX Global Payments pricing details?
OFX Global Payments Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Contact OFX Global Payments for more information about their basic and enterprise pricing options.
User Satisfaction
Positive Social Media Mentions
7
Negative Social Media Mentions
0
We are aware that when you make a decision to get a Accounts Payable Software it’s vital not only to see how experts rank it in their reviews, but also to discover if the real users and companies that purchased it are indeed satisfied with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and OFX Global Payments reviews across a vast range of social media sites. The information is then presented in a simple to digest format indicating how many users had positive and negative experience with OFX Global Payments. With that information available you will be prepared to make an informed buying choice that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Android
- iPhone/iPad
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for OFX Global Payments?
OFX Global Payments integrates with the following business systems and applications:
- Xero
- Etsy
- Rakuten
- Jet
- Amazon
- Shopify
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