#Switzerland #Zug #Bivial AG #CZK Account #SGD Account

Bivial AG Expands Global Payment Capabilities with New Currency Accounts

Bivial AG, a prominent player in the financial sector, made headlines recently by launching dedicated accounts for Czech Koruna (CZK) and Singapore Dollar (SGD). This strategic move is designed to enhance the payment processing capabilities for digital enterprises around the globe.

Located in the picturesque town of Zug, Switzerland, Bivial AG is committed to revolutionizing how businesses manage international transactions. The introduction of these specific currency accounts allows firms, particularly in the e-commerce and online services sectors, to effortlessly handle CZK and SGD payments. This is particularly beneficial for entities such as online retailers, advertising networks, and marketplaces that manage multiple currencies.

The launch means that these businesses can now utilize Bivial’s corporate accounts to collect and disburse payments internationally with relative ease. The new accounts integrate seamlessly with the existing Bivial financial ecosystem, which already supports transactions in 17 other currencies, leveraging the benefits of both SEPA and SWIFT networks to navigate financial exchanges across more than 160 countries.

Martynas Bieliauskas, the CEO of Bivial, emphasized that this enhancement reinforces their pledge to improve global payment solutions. He stated, “Adding dedicated CZK and SGD Accounts provides our clients with even greater flexibility and control over their international transactions.” According to Bieliauskas, clients can store funds, accept payments, and send disbursements in both CZK and SGD, further supporting their evolving cross-border transaction needs.

The increase in customizable payment solutions positions Bivial to cater to an ever-growing market of digital businesses that require robust financial support to scale their operations internationally. The company’s innovative approach to banking solutions, particularly for online businesses, has made it a frontrunner in the fintech sector, specializing exclusively in supporting digital entrepreneurs.

This initiative not only expands Bivial’s suite of financial services but also fosters opportunities for its clients to tap into the burgeoning markets of the Czech Republic and Singapore. By adopting a more localized approach to currency management, Bivial helps businesses mitigate the risks associated with foreign exchange fluctuations and transaction fees, enhancing overall profitability.

Moreover, the Bivial Dashboard and APIs offer users comprehensive tools for managing their transactions, providing analytics and insights to streamline operations. This all-in-one dashboard facilitates quick adjustments and improves financial oversight, ensuring businesses can react adeptly to market changes.

As Bivial AG continues to innovate within the financial technology sector, the introduction of CZK and SGD accounts signifies just the latest step in their commitment to making global payments simpler, more secure, and tailored for the unique challenges faced by digital businesses. With this upgrade, Bivial solidifies its role as a key partner for those looking to expand their footprint in international markets.

For further information about the new accounts and Bivial's services, please visit bivial.ch.

About Bivial AG

Bivial AG, formerly known as Klarpay AG, operates under the rigorous regulatory framework established by the Swiss Financial Market Supervisory Authority (FINMA). This authorization underscores Bivial’s integrity and commitment to providing modern banking solutions designed for contemporary digital enterprises. Bivial specializes in offering a range of cross-border payment solutions, including IBAN accounts in multiple currencies, aimed at facilitating easy financial transactions for clients across the globe. As the first Swiss-licensed fintech to focus solely on e-commerce and digital business, Bivial AG is poised to empower its clients through scalable, tailor-made financial solutions.