Quid Global and Currencycloud Team up to Support Businesses' Global Expansion

UK-based digital ecosystem Quid Global has partnered with Currencycloud to launch Quid's global wallet that supports businesses in their cross-border development.

The integration with Currencycloud will provide SMEs with a multi-currency wallet with the ability to initially convert between EUR, GBP, USD, CHF, AUD, and NZD currencies anytime. Called the Global Wallet, customers will be able to open a multi-currency account with local and international account details in minutes and could be making international payments within 24 hours.

The functionality, speed, and flexibility of Currencycloud means that Quid can scale its global presence, can quickly expand the number of currency accounts they offer their customers, and take advantage of new opportunities faster.

Quid's officials stated that their digital ecosystem is designed to reduce the time to market and let customers manage core areas of their business from a single platform. "The multi-currency Global Wallet we have developed with Currencycloud is a key product in our ecosystem to support the success of any new business and facilitate easy payments for our customers in many regions globally."

Representatives from Currencycloud also said that small businesses are increasingly operating globally and there is a huge need to process international payments seamlessly and cost-effectively. The partnership between Quid and Currencycloud offers even the smallest of businesses the opportunity to do just that.

(Source: The Paypers)