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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
Because companies have special business-related wants, it is only rational they abstain from selecting a one-size-fits-all, ”best” software. However, it would be difficult to try to pinpoint such application even among recognizable software solutions. The logical thing to undertake can be to tabulate the various chief aspects that need scrutiny including major features, costing, technical skill competence of staff, business size, etc. The second step is, you should do the product research to a full extent. Go over some OFX Global Payments evaluations and explore the other software programs in your list in detail. Such well-rounded product research ascertain you circumvent ill-fitting apps and subscribe to the system that includes all the function your business 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 enterprise is different, and can call for a special Accounts Payable Software solution that will be adjusted to their company size, type of clients and staff and even particular industry they cater to. You should not count on getting a perfect software that will work for each company regardless of their history is. It may be a good idea to read a few OFX Global Payments Accounts Payable Software reviews first and even then you should keep in mind what the service is intended to do for your business and your workers. Do you require a simple and straightforward solution with just essential functions? Will you really make use of the complex functionalities required by experts and large enterprises? Are there any specific tools that are especially beneficial for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a solid solution that will fit your budget.
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 evaluate it in their reviews, but also to find out whether the actual users and enterprises that bought these solutions are actually satisfied with the service. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and OFX Global Payments reviews across a broad array of social media sites. The data is then presented in an easy to understand format revealing how many users had positive and negative experience with OFX Global Payments. With that information available you should be prepared to make an informed purchasing decision 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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