Bottomline Technologies, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that Hargenant Group has selected a partnered service from Bottomline and Currencycloud for their cross-border payments.
"With globalisation, many of our customers are asking for payments to be added in several currencies and our goal is to remove complexity, to make an international payment as easy as a domestic one," said Nigel Savory, Managing Director, Bottomline Technologies, Europe. "Given some of the Foreign Exchange specialisms involved, we chose to partner with Currencycloud and their pioneering APIs – together we can deliver real value for our customers."
By combining Bottomline's intelligent payments platform seamlessly through open APIs with Currencycloud, customers will enjoy a simple-to-use transaction process to pay suppliers and employees abroad. Currencycloud's open infrastructure allows the new service to plug-in directly to Bottomline's payment solution. This value-add service means businesses of all sizes can send and, ultimately, receive money overseas in the local currency and at very competitive rates.
Hargenant Global specialises in accounting and payroll for the film and entertainment industry.
"We chose to use Bottomline's international payments service as a means of creating and streamlining efficiencies within our business," said Greg Barrow, Founder and Chairman, Hargenant Global. “We needed to pay film crews around the world, sometimes on irregular schedules and in various currencies – this SaaS-based international payments service helps our team do this from one easy-to-use, controlled payment platform.”
"Bottomline is synonymous with payments between some of the largest companies in the world, and we're proud to be working with them," said Mike Laven, CEO, Currencycloud. "This is a brilliant example of how business needs are evolving and how fintech leaders are working much closer together. The industry is constantly exploring ways to create innovative solutions that meet the demands of a modern, digital economy."