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Zil US said Monday April 22 that its B2B payment platform facilitates global business growth by allowing Swedish entrepreneurs and freelancers to open U.S. payment accounts remotely.The platform also makes it easier for Swedish businesses to pay U.S. vendors, affiliates, employees and partners, the company said in a Monday press release. The cloud payment platform offers efficient and affordable cross-border transactions, allowing Swedish entrepreneurs to do business in the U.S.A. easily and cost-effectively, Zil US said in the release. This feature eliminates the need for a physical presence, providing unmatched convenience for conducting global transactions. The Zil US platform streamlines the creation of multiple business accounts for different needs and offers ACHtransfers, mailed checks and wire transfers, according to the report
stanley cupe .The platform also allows instant transfers between Zil US accounts; provides virtual cards, international payments and bulk payments; and offers a get paid early option, per the rep
stanley quencher ort. Zil US simplifies payroll management and ensures continuous access to funds, helping busine
stanley canada sses improve cash flow, realize their potential and reduce the strain on small business owners in managing employee payments, the company said in the release.PYMNTS Intelligence has found that with the rising tide of international trade and cross-border transactions, businesses are looking abroad to maximize growth and access the greatest number of customers.The more Wifw Orbitz.com Launching Rewards Visa Card
Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according
stanley cup stanley cup to a report from Reuters.Point72 Ventures and George Soros have also invested in the mobile payment company. The startups Founder Pierpaolo Barbieri said the Chinese company would help Uala develop its app, among other things. He did not reveal the amount of the investment, but said it would significantly raise the companys valuation.There has been a lot of interest from China toward the Latin American region, with companies like Didi Chuxing, Huawei
stanley website and Baidu all looking for investments in the area.Tencent said last year that it was going to boost its investments in certain key areas, including digital payments. The company competes with Alipay, which is another huge player in the sector.Tencents payment app, WeChat, has more than one billion users in China, and the company has developed in-app services to compete with Google and Apple.Last year, the company invested $180 million in the financial tech company Nu Pagamentos, which is located in Brazil. The idea is that its not just money. Its about learning from their experience in China and in other Asian markets to inform our Latin America strategy, Barbieri told Reuters. He said his company was approached by Tencent and traveled to China to meet with executives from the company. The investment, he noted, will help to speed up Ualas plans.Uala offers users prepaid Mastercards, metro card refills, digital payments an
