International payments and foreign exchange service Send Payments is teaming up with global digital property exchange platform PEXA to provide multi-currency property transactions on behalf of overseas clients.
The collaboration, Send said in a statement, will provide consumers with a faster, cost-efficient solution to previously complex settlements.
“We’re delighted to welcome PEXA to the Send partner network,” added Send chief executive Paul Billing.
“This new collaboration between Send and PEXA is a perfect example of enterprises coming together to further enhance and extend value offering for their respective industries.
“It further signifies our intent in the enterprise space; packaging up an international payments engine for large businesses who can in turn extend the offering out to their clients.
“International currency transfers is a fiercely competitive marketplace and we’ve worked closely with the PEXA team to solve some existing challenges and provide a seamless experience for practitioners within the industry.”
Send expects this collaboration to be the first of several, it noted, which will be announced in the coming months.