South African businesses trading internationally know all too well the obstacles associated with cross-border payments. These include high fees, long wait times for funds to clear, and the constant threat of currency fluctuations. These challenges can stifle growth, delay opportunities and impact profits.

Additionally, delays in transactions can lead to missed opportunities, while unpredictable fees and volatile exchange rates can harm business sustainability and expansion.

Traditional payment methods often involve large and sometimes hidden fees that gradually erode profit margins with each transaction. While many businesses default to traditional banks, a single, dedicated digital platform, such as that offered by a global fintech company, Vertocan provide significant financial benefits.

Verto is an authorized financial services provider that enables businesses of all sizes to access enterprise-grade cross-border payment, foreign exchange and banking solutions through its advanced platform or application programming interface.

By moving to Verto, businesses can not only streamline payments, but also strengthen their competitive advantage, drive growth and support broader economic development.

Simplified navigation for cross-border payments

A notable problem for businesses is finding a reliable international money transfer (IMT) provider, as the market is full of options, each offering different rates, services and processes, making it difficult to navigate and selection of the best supplier.

Verto simplifies this process using geo-targeted market segmentation, providing South African businesses with an easy-to-navigate platform designed to meet their specific needs.

Verto’s user-friendly interface guides customers to the best business-to-business IMT options based on their operational requirements, reducing confusion and ensuring simpler transactions.

Tailor-made solutions for each business

Verto’s range of customized products caters to businesses of all sizes, from SMEs to large enterprises. Whether a business requires a simple funds transfer service or a more complex payment solution, Verto offers tailored options that match specific operational needs, ensuring a seamless cross-border payment experience.

Transparent fees and exchange rates

Verto provides immediate clarity on the costs involved. Businesses know exactly what they are paying for each transaction, allowing them to make informed decisions and maintain better financial control.

Streamlined KYB documentation and reporting

The process of submitting Know Your Business (KYB) documentation for each transaction can be tedious and time-consuming, especially for businesses making frequent cross-border payments.

Verto solves this problem by providing a single KYB and verification process, eliminating the need for repetitive documentation and saving businesses significant time and effort.