Transferra, a payment platform for business owners, is working with OpenPayd to enable multi-currency wire transfers, SWIFT and SEPA payments, and currency exchange.

London, 15 February 2023, – Transferra has partnered with Banking-as-a-Service provider OpenPayd, to offer customers various currency payments, SWIFT payments, SEPA, and SEPA Instant payments across the UK and Eurozone.

The partnership enables Transferra to process different kinds of digital payments in various currencies. For euro payments, Transferra’s customers can use SEPA and SEPA Instant payments to conduct cashless international payments across the EEA as domestic payments. Target2 payments are also available for large-value euro payments. SWIFT payments allow Transferra’s customers to make cross-border payments worldwide.

The variety of payment methods allows business owners to expand their partner and client networks and work with payments of any value in nine different currencies.

“Transferra offers business owners a simple and secure solution for maintaining their finances based on their individual business needs,” says Alexey Reshko, Head of Products at Transferra. “The partnership with OpenPayd helps us reshape the way businesses manage their finance flow and offer them a modern banking solution and exceptional customer service.”

“Transferra is making business payments easier, faster, and more integrated,” says Iana Dimitrova, Chief Executive at OpenPayd. “It’s a pleasure to be working with them to expand their offering with multi-currency accounts and IBANs, powered by OpenPayd’s financial services infrastructure.”