How does the platform ensure seamless cross-border transactions?

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• What service is needed for cross-border payments?

  A payment solution that supports cross-border transactions, enabling international payments to be received in a single currency, such as USD, without the need for complex paperwork and lengthy bank procedures.

• How does the platform handle cross-border payments?

  The platform allows international payments to be sent into a wallet in USD. It simplifies the process by eliminating the need for submitting forms to banks.

• What are the next steps to start using the platform?

  Businesses can sign up for an account, complete the one-time verification process, and add a bank account. Once this setup is complete, they can start receiving payments and use the platform for cross-border transactions.

• What is the pricing structure for cross-border payments?

  For international payments, the platform charges $25 per transaction. Domestic ACH payments incur a $2 fee, and sending payments to vendors via ACH or wire transfer is charged at $5 per transaction.

• Is the platform secure for financial transactions?

  Yes, Zil Money is compliant with security standards and uses high banking-grade services for data storage.