Delivering innovative payment solutions to the software and tech sector

Streamline your payables to make timely payments to developers and suppliers in over 130 currencies, including exotics.

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Software Technology

Simplify your developer and supplier payment process

International payment challenges

No access to exotic currencies

  • Many high street banks and payment providers lack the capability for exotic currency payment delivery.
  • Paying developers and suppliers in local currency becomes too complex.
  • Legacy payment systems can’t cope with effective execution and delivery.
  • Returned or missing payments lead to higher costs and disgruntled payees.
No access to exotic currencies

Manual processes for multi-currency payments

  • When your business needs to make multi-currency payments to multiple entities several times a year, manual processes are inefficient.
  • Waiting for payment approval from senior finance staff delays execution.
  • Writing and mailing cheques is time intensive and increases payment costs.
  • Manual payment processing is prone to fraud and can damage business reputation.
Manual processes

Late payment delivery

  • As software and technology companies grow globally, so does the requirement to pay in less traded currencies.
  • Regulatory requirements from certain developing countries result in the formatting of payments becoming more complex.
  • Missing payment data and errors lead to returns or missing funds.
  • Late payments create friction between paying companies and suppliers/contractors.
Late payment delivery

Hidden payment costs

  • Executing payments internationally at high volume can incur significant cost.
  • Lack of transparency into fx rates and fees can lead to unpleasant surprises.
  • Businesses don’t have the visibility over spend to make informed decisions.
  • Contractors and suppliers may often receive less than the full amount agreed.
Hidden payment costs

Your trusted global payments partner

Blueoptima
Digital Voices
Dublin City University
Elba

Delivering real business impact

Blue Optima’s requirement to pay out in exotic currencies (Indian Rupee and Mexican Peso) unearthed some inefficiencies in the current payments process. Find out how Fexco’s solution streamlined overseas developer payments to create time and cost efficiencies.

Read the case study

Experience our difference

Pay globally in any currency

When your business needs to meet the demands of global trading, we have the currency to meet that demand. Choose from over 25 exotic currencies for swift error-free delivery.
Exotic currencies

Automate payments processes for maximum efficiency

Manual processes are time consuming and prone to error and fraud. Pay up to 10,000 overseas contractors and suppliers simultaneously using a single file upload containing multiple currencies and payment types. Users can also avail of powerful API integration with very little development required.
Mass payments

Payments delivered on time, every time

Avail of Fexco's expertise in formatting complex currencies for swift delivery. Our payment validation technology ensures bank details are correct to avoid delayed or missing payments. Enjoy straight through processing rates of +99% against an industry standard of just 94%.
payments solutions

Bank-beating FX rates with no surprises

Get full price transparency of your overseas payments. Fexco offers bank-beating FX rates and low fees on all payments with full price transparency upfront. Your payees received the agreed amount, reducing payment queries to your finance staff.
Fx payments

Best-in-class payments security and control

Best-in-class payments security and control

Protect your overseas contractor /supplier payment information and data on our secure cloud platform. Our role-based account access means system administrators determine what users can see and do.

With 2 factor authentication for access and a full audit trail to track payments activity, you have complete visibility and control.

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ISO Certified
ISO 27001 certified
Two Factor Authentication
2 factor authentication access
Role Based Access
Role-based account access security
Regulated and Licensed
Fully licenced and regulated

Reduce your payables workload by 90%

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Want to learn more about how we can help you?

Give us a call

Our payments experts are always available to assist you.

Within Ireland

1800 246800

From outside Ireland

+353 66 9738809

fcpsupport@fexco.com

Discover how Fexco can transform your cross-border payments process

Tell us your requirement and we will get back to you with the information you need.

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