News & Insights

Inpay has announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022.

We examine the ten biggest payment pain points for NGOs and suggest possible cures. Diagnosing payment problems and understanding the causes can help NGOs seek the right treatment and potential cures.

Trying to navigate the maze of requirements to send funds abroad can seem like Mission Impossible for NGOs. Know-your-customer (KYC) and anti-money laundering (AML) checks differ from country to country. As do sanctions regimes and documentation requirements.

Cross-border payments are on the up and up, driven by the globalization of labor and supply chains and digitisation of commerce. Global cross-border payments are expected to increase from $190 trillion in 2023 to a massive $290 trillion by 2030, according to one study.

We weigh up the benefits and drawbacks of different methods of moving money internationally. NGOs often struggle to find financial services that adequately meet their needs.

More prospects visit a website than purchasers. So, how can businesses turn browsers into buyers? And what role can payments play in this?

Inpay, one of Europe’s fastest growing fintechs, facilitates the rapid European expansion of leading global PSP Tranglo, with the provision of Instant SEPA across Europe. The positive results of the partnership are already clear – dramatically improving the speed of transfer from days to minutes and significantly reducing cost; making global payments as quick and simple as local bank transfers.

Cross-border payments may take anything between three and five days to arrive. Longer if payments get lost or stuck. That’s partly because behind the scenes, international transfers are like a huge game of pass-the-parcel.

Maybe it’s time for non-governmental organizations to look beyond banks to support their important work.

Banks have generally been the default entry point into financial services – as they are for many business sectors. NGOs are familiar with banks and may be comfortable with their existing relationships. However, the feeling may not be mutual…