Insight
Local currency payouts versus international correspondent banking payouts
Time is money and moving money takes time. But what if there was a way to send international payments as quickly and easily as a domestic bank transfer?
Payments to make a difference
NGOs are the reason we exist. We were founded in 2008 with the belief that the humanitarian sector was vastly underserved by the traditional banking system. Since then we’ve built a payments network with expertise and human connection at its heart. We get cross-border payments to some of the most hard-to-reach places in the world, at the times it matters most.
· Founded to serve the NGO sector
· Speed and accuracy when it matters most
· Risk appetite and expertise in complex payment pathways
Core offering
From natural disaster hotspots to areas of political crisis, or war-torn countries with little or no financial infrastructure, we enable NGOs to serve hard-to-reach regions with full transparency and speed. That means absolute traceability and minimal deductions. But also a robust compliance approach – as you’d expect from a 15-year veteran in the sector, regulated by the Danish FSA.
Key benefits
Speed
In times of crisis, only fast will do. Instant pay-outs in local currency achieve just that.
Traceability
Real-time tracking, 24/7/365 for absolute peace-of-mind on payment status.
Fees made simple
Complex and ever-changing pricing models are a no-no. We make our fees simple to make your funds work better.
Regular FX updates
Rates for various currency pairings are updated automatically, meaning no nasty fee surprises.
Risk. Managed.
When trust matters, trust our industry-leading compliance framework and advanced screening capabilities built by experts.
True consultancy
Since 2008 we’ve been developing the in-house expertise to help NGOs deliver on their objectives in the spirit of true partnership.
Reach
What started with a single payment pathway has grown into a proprietary global network, allowing you to serve some of the most traditionally challenging geographies via a single provider and interface.
· 200+ countries (SWIFT enabled)
· 70+ countries (Inpay proprietary)
Why NGOs work with us
Processing complex, individual payments with full transparency is where a fintech like Inpay makes the difference. We’ve also honed our skills over the years on everything from payment routing to pre-empting problems, resulting in industry-leading transaction success rates.
Value added services
Avoid multi-supplier headaches with our range of value-added services:
Cash remittance
A lack of banking infrastructure means cash is crucial in some locations. Tap into our global cash remittance network of 70,000 postal locations for instant cash pick-ups.
Salary payments
When it comes to getting paid, only fast will do. We offer cross-border salary disbursement in some of the most financially complex areas you operate in.
Donations
Accept donations direct from local bank accounts worldwide quicker, cheaper and easier than cards. 3 clicks and the digital donation is done.
Explore our resources
Insight
Why transparency matters in cross-border payments
Operating in a way that’s easy for others to see what actions are performed is critical for non-governmental organizations (NGOs). However, it’s just as important for businesses needing an international B2B payment solution, as Sarah Louise Teschl, Head of NGO Sales at Inpay explains.
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Guide
The ultimate guide to Open Banking payments for PSPs
Open Banking is delivering better banking transfers, done faster. So, whether it’s increasing cross-border payment acceptance rates and customer satisfaction. Or improving conversion through providing more choice and a seamless UX. Or cutting costs by minimising fraud and chargeback risks, the Open Banking proposition is compelling.
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