Statrys Launches Local Payment Solution for Seamless SME Cross-Border Payments
(31 March 2023 – Hong Kong) Digital payment services platform Statrys launched a cross-border payment solution for small and medium enterprises (SMEs) in Hong Kong.
The payment system allows local payouts in multiple currencies such as USD, AUD, INR, THB, and VND. The system is now available in markets for each currency.
The Local Payment Solution (LPS) allows businesses to make payments locally in the currency of the geographical location, avoiding the extra cost of currency conversion and enjoying competitive exchange rates.
Additionally, the solution enables businesses to promptly execute international payments to their suppliers and vendors, eliminating the need for long wait times and expensive intermediary fees.
"By offering our Local Payment Solution, we're empowering small- and medium-sized enterprises to compete more effectively on a global scale. With the ability to make cross-border payments quickly, easily, and affordably, businesses can now pay their suppliers and vendors with confidence and gain a competitive edge in the market," said Statrys Founder, Bertrand Théaud.
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