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HomeIndustry NewsOANDA adds new cross-border payment solution for companies in North America
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OANDA adds new cross-border payment solution for companies in North America

OANDA Corporation has joined forces with Currencycloud, a leading provider of B2B embedded cross-border solutions, to deliver a new international money transfer service to companies in North America. Called OANDA FX Payments, the new solution has been made possible through a joint collaboration with Shift Connect.

OANDA FX Payments enables corporate clients to make cross-border payments in 35 currencies, quickly and easily through a safe and reliable online platform. The solution helps companies reduce the cost of international transactions while hedging their currency risk and protecting their bottom line. Featuring a streamlined user experience, the platform also offers clients a completely personalized customer support service.

The partnership combines OANDA’s deep-seated expertise in foreign exchange with Currencycloud’s best-of-breed payment technology and Shift Connect’s world-class customer support to offer a simple-to-use, reliable international money transfer solution for businesses, large or small.

Lucian Lauerman, Head of OANDA FX Data Services, said, “One of the world’s leading FX authorities, OANDA is dedicated to helping companies optimize cash flow, manage currency risk and build their bottom line. As such, we’re delighted to be partnering with Shift Connect and Currencycloud in order to add OANDA FX Payments to our best-in-class range of corporate currency solutions, which are trusted by audit firms, tax authorities and multinational corporations all over the world.”

As we have started to expand into new territories across the globe, and our partnership with Currencycloud expands, we were uniquely placed to create new solutions for OANDA’s corporate FX clients who make international payments” explained Dave Kelcher, CEO at Shift Connect.

Richard Arundel, North American General Manager & Co-founder of Currencycloud, commented, “This is a unique proposition for OANDA and its corporate FX clients. By working closely with our existing partner, Shift Connect, in North America, we have been able to create a one-of-a-kind cross-border payment solution for OANDA.”

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital
Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital
With 25 years of experience in the financial technology sector, Andrew is a prominent international figure within the FX industry. His detailed research in editorial and televised form is often the central point of information for executives within all sectors of the global FX business.
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