Blog & Press Room

Discover global trends, inspiring customer stories, and how to make the most of your international money transfers.

Should You Pay Foreign Suppliers in Their Own Currency?

Published on Thursday, Mar 21, 2024

Paying your foreign suppliers in their local currency can offer numerous advantages, including reduced double conversions, better exchange rates, streamlined payment processes, and mitigated foreign exchange risk.

Making a Large Overseas Purchase? Look for a Smarter Alternative to Your Bank

Published on Tuesday, Mar 19, 2024

By paying close attention to exchange rates, fees, and transfer times, you can make informed decisions that ensure your money reaches its destination efficiently and cost-effectively.

How to Successfully Collect US Dollar Payouts from Amazon, Shopify and Other Marketplaces

Published on Thursday, Mar 07, 2024

Expanding your business to the US market is an excellent opportunity for growth and increased revenue. However, collecting payments from US customers can be challenging without a physical US presence.

Looking to Expand Your Startup Business Globally? Partner with MTFX to Help Streamline Your International Payments

Updated on Tuesday, Feb 27, 2024

Expanding your start-up's global potential requires careful consideration when choosing an FX and payment provider.

5 Common Mistakes When Making International Payments and How to Avoid Them

Updated on Tuesday, Feb 20, 2024

Need to move money across borders for your business? Watch out for those easy-to-make mistakes that can eat into your profits. Make it simple and team up with a foreign exchange specialist like MTFX and get personalized, cost-effective solutions your business needs.

Managing Overseas Supplier Payments After the Valentine’s Day Sales Surge

Updated on Wednesday, Feb 14, 2024

By understanding currency fluctuations, choosing the right payment platforms, utilizing risk management tools like forward contracts, and staying informed about global financial regulations, businesses can manage these challenges effectively.

How to Develop a Seamless International Payment Process for Better Budgeting

Updated on Thursday, Jan 18, 2024

Making international payments as you deal with business expansion can be a significant challenge for you. However, with online platforms like MTFX, these challenges are not only manageable but can be turned into opportunities for efficiency and growth.

How to Build Stronger International Business Partnerships with Timely Cross-Border Payments

Updated on Thursday, Jan 11, 2024

On-time payments to international suppliers are essential for maintaining strong business relationships, ensuring a stable supply chain, minimizing costs, enhancing negotiation power, avoiding legal issues, fostering goodwill, and supporting ethical business practices.

Streamline Overseas Payments for a Jolly Holiday Season

Updated on Thursday, Dec 14, 2023

As the much-awaited holiday season approaches and commercial activities wind down, it becomes essential for Canadian businesses to pay their overseas bills and invoices on time to maintain business partnerships and manage year-end finances.

Simplifying Cross-Border Payments for the Canadian Toy Industry

Updated on Thursday, Dec 07, 2023

This blog explores challenges like currency exchange rate volatility, regulatory compliance, and transaction speed. We highlight how partnering with a skilled foreign exchange service provider can offer solutions, manage risks, and ensure seamless international transactions for sustained growth.