Expanding Horizons: AZA Finance New Payout Corridors

In the rapidly evolving landscape of global finance, AZA Finance continues to push the boundaries with its innovative solutions. Recently, we announced the continued diversification of our global offering by expanding into new corridors in key strategic frontier markets. Our expansion includes the introduction of new payout corridors across Africa and Brazil, enabling businesses to […]

Top Three Major Factors Responsible For The Growth of The Cross-Border Payments Industry

Cross-border payments are currency transactions between people or businesses in different countries. The existing cross-border payment channels are the lifeblood of the globalised economy, facilitating global e-commerce expansion, the rise of complex international supply chains, and remittances sent by migrant workers in billions of dollars each year. Cross-border payments involve the movement of funds between […]

What Are Cross-Border Payments?

Cross-border payments involve the movement of funds between individuals and businesses in separate countries. Remittances, payments, and purchases all require money exchanged across borders, and cross-border transactions make this possible. A recent study by Juniper Research revealed that the global spend on B2B cross-border payments will exceed $40 trillion by the end of 2024, increasing […]

Five Cross-Border Payments Challenges

According to the Bank of England, cross-border payments are financial transactions where the payer and the recipient are based in separate countries. They cover both wholesale and retail payments, including remittances. There are several ways to make cross-border payments, and they include credit card payments, bank transfers, mobile payments and e-money wallets. While the cross-border […]

4 Cross-Border Challenges Facing SMEs

The last decade has seen many transformations in the cross-border payments industry with companies like Wise and WorldRemit revolutionising P2P payments, and Thunes and Rapyd finding their niche in the B2B corporate space. However, one group has remained neglected: SMEs. As per recent World Bank reports, SMEs contribute to 90% of all businesses worldwide and […]