Premier FX, the boutique currency exchange company with locations in Algarve, Portugal, Palma de Mallorca, Spain, and London, England, enters into collaboration with London-based technology start-up Pace Invoice.
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Together, the companies provide cross-border invoicing solutions and multi-currency payment capability to businesses with international customers. Premier FX contributes currency exchange expertise and services for the platform.
“Currency exchange is a key component of our service,” says Pace Invoice CEO James Shattock. “Given Premier FX’s solid reputation in the currency exchange sector, we are pleased to welcome them aboard the project as our money transfer provider.”
Pace Invoice enables businesses to issue invoices, which their clients can pay locally, in their own currency. This service provides clients with a simple transfer process that encourages prompt payment. For businesses, this platform reduces currency exposure and has proven to reduce payment delinquencies. Pace Invoice, therefore, becomes beneficial to both sides of a transaction.
“We are thrilled to be involved in this unique new platform,” says Premier FX Founder and Chief Executive Peter Rexstrew. “Pace Invoice’s tech-savvy objective of providing efficient and secure money transfers, for both clients and businesses, is a direct match to our company’s strategy, vision and philosophy.”
In addition to collaborating on the online payment service, the two companies will work together on marketing and business development strategies.
More about Premier FX
Premier FX is a UK Limited Company with offices in London, Spain and Portugal. They are regulated by UK Revenue & Customs and authorised by the Financial Conduct Authority (FCA). Client funds are held in secure, segregated accounts at Barclays Bank in London and are fully protected by law.
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More about Premier FX
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This article was written on the 19th of December, 2016.