IBANS By Industry

Affiliate Programs:

IBAN accounts can be used by affiliate programs to receive payments from multiple countries in a secure and streamlined manner. For example, an affiliate marketer who promotes products on behalf of an e-commerce company can use an IBAN account to receive commissions from sales made in various countries.

B2B payments:

IBAN accounts are also ideal for B2B payments, as they allow businesses to make and receive payments across borders easily. For instance, a company based in Europe can use an IBAN account to pay suppliers in Asia, ensuring a swift and secure payment process.

E-commerce:

Online retailers can use IBAN accounts to accept payments from customers all around the world. With IBAN accounts, e-commerce companies can accept payments in multiple currencies, making it easier for customers to pay and purchase products or services without worrying about currency conversion fees.

Fintech:

IBAN accounts can be integrated into various fintech applications such as mobile banking, money transfer, and investment platforms, making it easier for fintech companies to offer cross-border payment services to their customers. For instance, a fintech company can leverage an IBAN account to allow its customers to send and receive funds in multiple currencies.

Freelancers:

Freelancers who work for clients in different countries can use IBAN accounts to receive payments in their local currency, reducing the cost of currency exchange. For example, a freelance writer based in Europe can use an IBAN account to receive payments from clients in the US, the UK, or Australia.

Global Payroll:

IBAN accounts are also used for global payroll management, as they allow businesses to pay their employees and contractors located in different countries efficiently. For example, a global company can use IBAN accounts to pay salaries to employees working in different countries, ensuring timely payments in local currencies.

Import and Export:

Businesses engaged in import and export can use IBAN accounts to make and receive payments from customers and suppliers located in different countries. For example, an import/export company can use an IBAN account to receive payments from customers in Europe and pay suppliers in Asia.

Marketplaces:

Online marketplaces can use IBAN accounts to facilitate payments between buyers and sellers located in different countries. For instance, an online marketplace can use IBAN accounts to accept payments from buyers and pay sellers in multiple currencies, ensuring a fast and secure payment process.

PSP and MTOs:

Payment service providers and money transfer operators can use IBAN accounts to provide their customers with a secure and efficient cross-border payment service. For example, a PSP or MTO can leverage IBAN accounts to offer a multi-currency payment service, allowing customers to send and receive funds in various currencies.

Small Businesses:

Small businesses can use IBAN accounts to expand their business across borders and manage their finances more efficiently. For instance, a small business can use an IBAN account to receive payments from customers in different countries and pay suppliers in various currencies, ensuring a smooth payment process.

Start-ups:

Start-ups can use IBAN accounts to streamline their payment process and focus on growing their business. For example, a start-up can use an IBAN account to accept payments from customers in various countries and pay its employees and contractors located in different regions, ensuring a fast and secure payment process.