ZilBank unveils cross border payments service for South Korean entrepreneurs
By Gloria Methri
ZilBank, a B2B payment platform, has launched an initiative, enabling South Korean entrepreneurs and freelancers to conduct payments to the United States effortlessly. The platform has made it easier for South Korean businesses to pay US vendors, affiliates, employees, and other partners regardless of location.
The cloud banking platform ensures efficient and affordable cross-border transactions, enabling South Korean entrepreneurs to conduct business easily and cost-effectively.
This feature simplifies global transactions, removing the requirement for a physical presence and offering unmatched convenience to South Korean entrepreneurs in the USA.
ZilBank simplifies creating multiple business accounts for different purposes. It enables affordable money transfers via ACH, mailed checks, and wire transfers. Instant fund transfers between ZilBank accounts ensure smooth financial transactions. The platform provides virtual cards, international payments, bulk payments, the “get paid early” option, and more.
Zil Money Corporation, the parent company of ZilBank.com, ZilMoney.com, and OnlineCheckWriter.com, recognizes small businesses’ difficulties, like handling cash flow and ensuring timely employee payments. ZilBank.com simplifies payroll management, providing continuous fund access. With ongoing innovation, businesses can enhance cash flow, unlock their potential, and ease the burden for small business owners handling employee payments.
It is dedicated to innovating in financial technology and empowering businesses to succeed globally. This service is a significant step in strengthening economic ties between South Korea and the United States.
IBSi Daily News Analysis
January 16, 2024
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