WorldFirst launch new multi-currency platform | Touch Latest Local,World,Tech,Entertainment,Health,Sport News
21 April 2018 00:00:00 AM Breaking News

• BUSINESS

WorldFirst launch new multi-currency platform

WorldFirst is launching a new service called World Account, which is a multi-currency payments platform for online sellers trading globally.

Image result for dollar and pounds

Designed to help marketplace sellers overcome some of the hurdles and costs associated with international commerce, The World Account allows online sellers to open one or more accounts in multiple currencies around the world enabling them to collect payments in, hold balances and make payments out in local currencies. World Account removes the need for online sellers to open up bank accounts in new international markets.

With the World Account there is no cost to open or maintain accounts. The product can also save you money by reducing the number of foreign exchange transactions associated with each international trade as sellers can hold funds from one overseas creditor (e.g. EUR) until such time as they need to pay a supplier in the same currency.

Recommended

Loading...

Related Posts

Yahoo's first-quarter revenue jumps 22 percent

Yahoo's first-quarter revenue jumps 22 percentYahoo Inc reported a 22.1 percent

Read More

Tech Companies Are Thriving in Austin--the Hard Way

Texas's capital has a reputation for being a difficult environment for startup f

Read More

A guy who runs an 8-figure business explains how to tell if you should be an employee or an entrepreneur

Being an entrepreneur sounds great — except when it isn’t. I speak

Read More

Players Commend Zenith Bank

ank A cross-section of players participating in the 13th

Read More

NTA chooses Osun firm for $31.5 million national digital switchover

The Managing Director of Nigeria Television Authority (NTA), Mr. Maxwell Loko,

Read More

Just In: Authorized FOREX Dealers Unable To Subscribe To $100m Offered by CBN

The Central Bank of Nigeria (CBN) says authorized dealers were able to subscri

Read More

Nigeria’s oil production falls to 1.2 million barrels

The nation’s crude oil production has fallen from two million barrels p

Read More

AITEO supports clean water as Face Africa comes to Nigeria Saturday, April 15, 2017 0 38

The 7th edition of the Face Africa Wash Gala took place at the Mezzanine, New

Read More

ICAN president charges members on best practice

President of the Institute of Chartered Accountants of Nigeria (ICAN), Deacon Ti

Read More

13 Habits of Self-Made Millionaires, From a Man Who Spent 5 Years Studying Rich People

All self-made millionaires had to start somewhere.Much of their transformation f

Read More

Also Read

Heroin Crisis: Nevada Becomes First State to Install Syringe Vending Machines

Las Vegas is betting on a new approach to combat rising heroin and HIV rates: v

Read More

Arkansas carries out first execution in 12 years

Arkansas has carried out its first execution in 12 years, according to local new

Read More

Militancy still affects our operations – WAPCo

The Managing Director of West African Gas Pipelines Company (WAPCo), Mr Walter P

Read More

Mystery Signals From Another Galaxy, Is Stephen Hawking's Mission Succeeding?

The latest fast radio bursts (FRBs) prove their equipment is working well and re

Read More

Carmelo Anthony’s Pregnant Side Chick Is Not A Stripper. She Is...

On 17th April 2017, the news came that Carmelo Anthony and his wife La

Read More

‘Friends’ Cast: Here’s What Ross And Rachel’s Baby Looks Like Today.

‘Friends’ Cast: Here’s What Ross And Rachel’s B

Read More

70 pct of Chinese buy new cellphones every two years: survey

In a survey, 71.8 percent of respondents said they buy new mobile phones every t

Read More

Nigeria, Ethiopia rekindle bilateral ties

Nigeria and Ethiopia have rekindled their bilateral ties and have resolved to

Read More

CSKA Moscow 1 Man Utd 4: Romelu Lukaku puts Russians to the sword

Jose Mourinho has got a problem on his hands because it can be hard to stay humb

Read More

Reconstruction of Abatakan Ojoo Bridge to Moniya in Ibadan,Its a Work in Progress, Thanks to God Since 2015

RECONSTRUCTION OF OJOO TO MONIYA BRIDGE, WORK IN PROGRESS. Ojoo to Moniya Akinye

Read More