The gig economy is expanding exponentially, with workers across all age groups, incomes, and skills levels joining the global freelance marketplace. Multinationals and small businesses alike can tap talent across the globe for help on a project or to bridge a skills gap.
Paying those workers efficiently and accurately, though, can be daunting.
Delays in payment execution and delivery can limit growth and worker satisfaction
Lack of global payments and compliance expertise for efficient onboarding of new workers
Limited ability to pay in workers’ local currency or to convert currencies efficiently
Inefficient and error-prone manual processes for scheduling, tracking and reconciling payments
The right global payments partner can help streamline your payments processes, reduce errors, increase efficiency and bolster your growth.
The AFEX advantage
Our solutions put the world of global payments at your fingertips, directly from your ERP or accounting platform. Whether you are processing ten or ten thousand payments, we can create a solution customized to you.
State-of-the-art technology solutions:
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
Established banking network facilitates delivery of more than 100 currencies to 180 countries
Comprehensive licensing and regulatory framework
Leverage our established licensing framework and compliance expertise to help scale your operations and enter new markets
Automate manual processes
Our systems automate beneficiary management, reconciliation and reporting, saving time and reducing errors
Robust payments rails
Multi-currency capability and extensive rails give you access to more payment methods and currencies
Flexible and customizable solutions
Seamless project management and collaborative support facilitates integration and ensures speed to market
Security and data protection
Sensitive data is securely stored using the latest industry standards in encryption, transmission protocols, and data privacy regulation