Integrated Global Payment Solutions for Clinical Trials practitioners – AFEX API

Efficient global payments solutions for CROs and investigators

Medical breakthroughs and growing demand

Advances in medical research are increasing demand for clinical trials across the world. Multinational sponsors need teams of investigators and site managers located in a range of countries—increasingly in emerging markets. Contract Research Organizations are at the heart this global ecosystem.

Often, processing payments for participants, staff and sites abroad is not cost-effective or manageable.

CURRENT LANDSCAPE

  • Inefficient processes and limited payments methods

  • Difficulty processing high volumes of payments in multiple currencies efficiently and accurately

  • Data security and customer privacy concerns

  • Manual operations contributing to delayed and incorrect payments, and difficulty tracking and reconciling

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    High transaction fees for paying participants and staff in their local currencies

With a global payments specialist by your side, you can automate your payments process, reducing costly errors and increasing your operational efficiencies.

“We started working with AFEX first because of their technology…Our relationship with AFEX is a true partnership. We share ideas to support our clients to enhance and expand our business.”

  • Dave Rifkin, eGlobalfares

The AFEX advantage

Our solutions put the world of global payments at your fingertips, directly from your ERP or accounting platform. Whether you are scheduling ten payments or ten thousand, we can create a solution customized to you.

State-of-the-art technologies:

Our technology solutions are supported by our global payments and risk management expertise and our long heritage of personalized service. Our account management and tech teams collaborate with yours from planning through integration and beyond.


The AFEX Solution

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    Unmatched payments infrastructure

    Global banking network facilitates rapid, secure delivery of more than 100 currencies to 180 countries

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    Comprehensive licensing and regulatory framework

    Our established framework and compliance expertise help you scale your operations

  • Automate manual processes

    Our systems automate beneficiary management, reconciliation and reporting, saving time and reducing errors

  • Flexible and customizable solutions

    Seamless project management and collaborative support ensures speed to market with no disruption

  • Multi-currency capability

    Multi-currency holding accounts give you access to more payment methods and more currencies

  • Security and data protection

    Sensitive data is securely stored using the latest industry standards in encryption, transmission protocols, and data privacy regulations