Majority of SMBs ‘unprepared’ for international payments: report
Global small and medium-sized businesses (SMBs) expect to expand globally within the next year but say cross-border payments will be among their chief challenges.
Inside every small and medium-sized business (SMB), it seems, is a global multinational trying to get out. But while many small businesses harbour the ambition to go global, very few have the necessary tools to handle the most prevalent risk: currency volatility.
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