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Verto Strengthens Uaeafrica Trade Corridor With Fast, Transparent, And Cost-Efficient Payment Solutions
(MENAFN- Mid-East Info)
“The UAE is a pivotal hub for global commerce, and businesses here demand solutions as dynamic as their operations,” says Helen Ghebreluul, Verto's UAE Country Manager.“Our platform is built to handle the high-value, time-sensitive nature of these transactions, particularly in emerging markets in Africa. We're not just a service; we're a critical partner, ensuring that a company's payments move as fast and reliably as their business.” Verto's platform combines local operations in the UAE with robust payment rails across key markets, offering a best-in-class workflow. This unique model is particularly beneficial for businesses trading along key corridors, including the UAE to Nigeria, Kenya, South Africa, West Africa, and China. Businesses using Verto's solutions can expect to experience:
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UAE now has a payment partner that unlocks Africa's growing economic opportunity
“The UAE is a pivotal hub for global commerce, and businesses here demand solutions as dynamic as their operations,” says Helen Ghebreluul, Verto's UAE Country Manager.“Our platform is built to handle the high-value, time-sensitive nature of these transactions, particularly in emerging markets in Africa. We're not just a service; we're a critical partner, ensuring that a company's payments move as fast and reliably as their business.” Verto's platform combines local operations in the UAE with robust payment rails across key markets, offering a best-in-class workflow. This unique model is particularly beneficial for businesses trading along key corridors, including the UAE to Nigeria, Kenya, South Africa, West Africa, and China. Businesses using Verto's solutions can expect to experience:
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Fast settlement: The platform enables instant or near-instant payments, which is vital for a sector where delayed payments can stall the entire supply chain. Verto's efficient payment rails allow for settlements in hours rather than days.
FX risk management: Verto provides competitive and transparent foreign exchange (FX) rates, offering businesses hedging options and flexibility. For instance, companies can lock in favorable rates to protect against currency volatility. The platform also features a multi-currency account to hold money in different wallets and an Auto Exchange feature to automatically execute trades at an ideal rate.
Transparency and traceability: The platform allows users to track payments from end-to-end, reducing issues where payments are lost in transit. It also eliminates hidden fees and spreads often associated with traditional banking.

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