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Hello, (I’m co-founder of MonoPayments, white label payment platform for fintechs.) If you want to pay less, you have to use local processors with local curre
by hmert 3y ago
Hello,
(I’m co-founder of MonoPayments, white label payment platform for fintechs.)
If you want to pay less, you have to use local processors with local currencies. This would be a complex operation.
1. Establish a company at that jurisdiction
2. Make agreements with processors, it could be banks or wallet providers.
3. You need a treasurer (or CFO)
4. Foreign Exchange rates will be a concern after a while.
- NavyG 3y agoI currently operate only in US and I am willing to put in the effort for integration, PCI compliance etc. Do you have any recommendations for the local processors you mentioned?
- hmert 3y agoFor US, I recommend Paypal. If your payment gateway supports paypal it will cover 80% of transactions.