FINLAND | WINNER OT17 F4C
Banking infrastructure between countries is not connected which leads to sever delays, costs and bureaucracy. SME exporters and service providers are the ones who lose out the most when it comes to collecting payments from their overseas customers. For example a brazilian company selling IT services to Germany, a Indian coffee grower selling to customers in europe and on amazon. What B2B Pay is provide virtual bank accounts to non-resident businesses , now thanks to B2Bpay a small firm in India, Brazil or US can directly access European banking which they couldn’t do before and save nearly 80% in fees.