Currency Conversion: Flash Payments

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Currency Conversion

Read the Flash Payments articles on the topic: "Currency Conversion".

Sending Money to India from Australia

Currency Conversion

Sending Money to India from Australia

Transferring money from Australia can be quick, safe, and inexpensive when you have a reliable provider.

Travelling to Japan for the Rugby World Cup? “Try” These Smart Money Tips

Travelling to Japan for the Rugby World Cup? “Try” These Smart Money Tips

With the Rugby World Cup just a couple of weeks away, it’s time to dust off your Wallabies jersey and get ready for the big event. And if you’re lucky enough to be travelling to Japan to watch, then time is running out to get your affairs in

Exchange rate margin: the key to a fair international money transfer

Currency Conversion

Exchange rate margin: the key to a fair international money transfer

Understanding that the exchange rate you accept when transferring money overseas is inclusive of a fee is the first step in taking back control of your international money transfers.

Western Union - Beware of the undisclosed fee

Currency Conversion

Western Union - Beware of the undisclosed fee

Western Union is a tried and tested option for sending money overseas without using your bank. But it's not the only option. An overview of WU's fees and exchange rates here.

PayPal charges between 2.8%-10.0% of your money for cross-border payments. We don't.

International Money Transfers

PayPal charges between 2.8%-10.0% of your money for cross-border payments. We don't.

Poor exchange rates and hidden fees are costing PayPal users up to 10.0% to transfer money overseas.

How to Buy Cryptocurrency

Digital Currency

How to Buy Cryptocurrency

Buying cryptocurrency for the first time can be overwhelming. In this article we discuss how Australians can get started in cryptocurrency investing.

It Pays to Plan Ahead When You Travel Overseas

It Pays to Plan Ahead When You Travel Overseas

Thinking about taking the family abroad this year? Stuck on when you want to use your overseas holiday home or timeshare property?

5 Ways to Stretch Your Overseas Easter Holiday Dollars

5 Ways to Stretch Your Overseas Easter Holiday Dollars

Are you one of the lucky Aussies that has planned a trip overseas for the upcoming Easter holiday break? Whilst you probably have already paid for the larger items, such as transport and accommodation, you still want to make sure that all other expenses yet to come are as cost

How to get the best rate with our Exchange Rate Calculator

How to get the best rate with our Exchange Rate Calculator

We take a closer look at how to find and read currency exchange rates, as well as how to convert currency using an exchange rate calculator.

Currency transfer tips: What expats should consider before sending money home

Currency transfer tips: What expats should consider before sending money home

If you're an expat and need to send money home, you should always consider the best and safest options for currency transfer. We provide some tips.

What you need to know about foreign currency transfers

What you need to know about foreign currency transfers

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient's account. That's just how it works right? But have you ever wondered what happens to your money in that in-between

The great currency deception - uncovered

International Money Transfers

The great currency deception - uncovered

When it comes to foreign currency transfers, especially by consumers and small to medium-sized businesses, what you find are big financial institutions bouncing your money around the world like a pinball from one fee-charging bank to another, using a complex and expensive relationship network – a desperate stand-in for an efficient

The Real Cost of Foreign Exchange Conversions - What the banks don't want you to know.

Currency Conversion

The Real Cost of Foreign Exchange Conversions - What the banks don't want you to know.

Do you know what the actual foreign exchange conversion rate is? You probably know the conversion rate your bank is charging you, but did you know there is another "higher" rate known as the market rate? In fact, the market rate is the only real rate at which

Are you paying for your banker's $600 lunch?

International Money Transfers

Are you paying for your banker's $600 lunch?

Big banks are overcharging you by bouncing your money around the globe in a giant shell game while they collect fees and enjoy $600 lunches, on you. In this article, we’ll explore how to stop paying for your banker's lunch, by looking at two of the most

Fastest, most affordable currency transfers from Australia to Europe

Currency Conversion

Fastest, most affordable currency transfers from Australia to Europe

Australian startup Flash Payments was designed from the ground up to outperform traditional financial institutions by providing fast, secure and very affordable foreign exchange conversion services as an alternative to the existing opaque, siloed and inefficient banking networks. And it does so without the hidden fees typically imposed by the

"...So easy to use compared to the banks"

Currency Conversion

"...So easy to use compared to the banks"

"Used Flash Payments transfer yesterday. Money is in the Irish bank account this morning. It's so quick compared to the banks. Saved $136 compared to my bank. Awesome stuff. Love the GUI too, so easy to use compared to the banks." John C Sydney If you

Everything you need to know about foreign currency transfers

International Money Transfers

Everything you need to know about foreign currency transfers

You set up a foreign currency transfer. The money leaves your account. It disappears for days. And then it turns up (significantly reduced) in the recipient's account. That's just how it works! And the banks really don't need you to know anymore. But, have

Japan: 47 Banks Complete Ripple Pilot

Japan: 47 Banks Complete Ripple Pilot

SBI Ripple Asia announced today that a consortium of 47 banks successfully completed a pilot implementation of Ripple in Japan using a cloud-based payments platform. This platform, RC Cloud, is powered by Ripple’s solution and is the first in the world to enable real-time money transfers both domestically and

Sydney, Melbourne property now affordable – if you are ultra-rich

Currency Conversion

Sydney, Melbourne property now affordable – if you are ultra-rich

Sydney and Melbourne property is finally becoming more affordable, but only for the ultra rich. Despite both cities being in the middle of a housing affordability crisis, luxury house/apartment prices have plunged down the list of the world's most expensive luxury residential property markets. Shanghai saw the

Send money and track it like a parcel, what does that mean?

Send money and track it like a parcel, what does that mean?

The world of foreign currency payments for retail clients has not seen much innovation & change in the past years. Most people who wish to send money overseas to their family, friends or for simple investment purpose are still at the mercy of overpriced, opaque and inefficient processes at the

Building a Better Banking Customer Experience

Building a Better Banking Customer Experience

Analysts at leading firms agree that customer experience is the new battleground to differentiate and compete. After all, a “delightful” and frictionless customer experience yields increased customer satisfaction, loyalty, advocacy and customer lifetime value. One of the biggest CX trends in financial organisations around the world is digital transformation, which

Commonwealth Bank to report record profits this week

Commonwealth Bank to report record profits this week

Commonwealth Bank of Australia, the nation’s largest lender, is expected to report an all-time high half yearly cash profit of $4.83 billion this week according to The Business Insider Australia. This makes them among the most profitable banks in the world, by some measures. It makes you wonder,

24 things expats find surprising about Australian working culture

24 things expats find surprising about Australian working culture

Australians have a unique set of business etiquette rules in comparison to other business cultures. To mark Australia Day, Business Insider Australia took a look at what expats living in Australia, or returning expats, think of the Australian working culture. For example, we don’t mind the use of profanity

Aussie banks the world’s most profitable – thanks to you

Aussie banks the world’s most profitable – thanks to you

Reserve Bank of Australia (RBA) confirmed in 2016 that the big four are the most profitable banks in the world. Analysis by the RBA shows that, in terms of return on equity (ROE), the big four banks averaged about 15 per cent by the end of 2015, ahead of Canada’

“It’s Time for Blockchain Use Cases to Be Proven and Come to Market”

“It’s Time for Blockchain Use Cases to Be Proven and Come to Market”

While 2016 was the year of firms and governments experimenting with blockchain technology, 2017 should be the year we see use cases being proven and actually coming to market, according to Abdul Naushad, chairman and founder of PayCommerce. "So much venture capital money has been pumped into the market