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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 distinct business-related demands, it is only wise that they avoid deciding on an all-in-one, “perfect” software solution. Be that as it may, it would be futile to try to find such an app even among popular software products. The rational thing to do is to take note of the several important functions that need consideration like critical features, packages, skill levels of the users, company size, etc. Next, you should perform your product research thoroughly. Go over these OFX Global Payments evaluations and check out each of the software solutions in your list more closely. Such comprehensive research guarantee you drop unfit applications and choose the system that includes all the tools your company requires for success.
Position of OFX Global Payments in our main categories:
TOP
50
OFX Global Payments is one of the top 50 Accounting Software products
Since each organization has particular business wants, it is advisable for them to refrain from searching for a one-size-fits-all faultless software application. Needless to say, it would be futile to try to find such a system even among market-leading software platforms. The clever thing to do would be to catalog the various vital aspects that need consideration such as main features, budget, skill levels of workers, company size etc. Then, you should do your homework thoroughly. Read some OFX Global Payments Accounts Payable Software reviews and investigate each of the other systems in your shortlist in detail. Such comprehensive homework can make sure you weed out ill-fitting platforms and select the system that provides all the aspects you require for business success.
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 purchase a Accounts Payable Software it’s important not only to learn how experts evaluate it in their reviews, but also to check if the actual users and enterprises that use these solutions are genuinely satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and OFX Global Payments reviews across a vast range of social media sites. The information is then displayed in an easy to digest format indicating how many customers had positive and negative experience with OFX Global Payments. With that information available you should be ready to make an informed purchasing 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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