You’re Probably Losing 3% on Overseas Profit w/ Pourash Pant
When it comes down to payments and foreign exchange exposure, small and medium sized businesses don’t have a good understanding of what it’s costing them. It varies from company to company, obviously, but even the big companies can be oblivious to...
Payments Innovation · Currencycloud
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Show Notes
When it comes down to payments and foreign exchange exposure, small and medium sized businesses don’t have a good understanding of what it’s costing them.
It varies from company to company, obviously, but even the big companies can be oblivious to the charges — up to 5%.
On this episode, I talked with Pourash Pant, co-founder of Tigerflo Global Payments, about why most SMBs don’t even realize how much they’re losing.
What we talked about:
- The reality of foreign exchange payments losses
- Why SMBs are particularly susceptible to the “used car dealership model”
- Average losses for small businesses and medium businesses
- Educating SMBs in foreign exchange solutions
- The next 5-10 years in FinTech
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