A Crypto Wallet IBAN allows you to link digital assets (such as cryptocurrencies) to traditional bank accounts using an IBAN (International Bank Account Number). However, to ensure that a Crypto Wallet IBAN meets the user’s needs, it is important to choose a suitable provider. Below, we will share some tips for choosing an ideal Crypto Wallet IBAN provider.

Evaluate license type and services

To choose a Crypto Wallet IBAN, it is advisable to evaluate the type of license that the provider has, as this will help us know what type of service they can offer us, which will allow us to evaluate whether the said provider has the capacity to meet the needs of our company or organization, in addition to verifying the legality of said service.

Evaluate costs per operation

When choosing a provider, it is recommended that the costs of each wallet function be evaluated. We can also compare the rates and costs of other providers to choose the alternative that best suits our needs, thus minimizing any additional fees or expenses that may arise. transfers, sending and receiving payments, maintaining the wallet and IBAN account, as well as the costs associated with the exchange, conversion, and purchase/sale of currencies or cryptocurrencies.

Evaluate security measures

When choosing a wallet, it is advisable to evaluate which security protocols and measures the provider implements on its platform. At this point, it is advisable to evaluate whether the provider implements security features such as identity verification, data encryption, and two-factor authentication (2FA), among others, in addition to complying with the different regulations of the sector, since this guarantees certain security standards, which is important to avoid any type of unauthorized access or fraudulent transaction.

Compliance with regulations

When choosing an IBAN Crypto Wallet, it is advisable to evaluate which regulations and laws the provider must comply with to offer such a service. At this point, it is important to verify which is the jurisdiction of the provider’s operations, in addition to the countries where transactions or financial operations can be carried out since there are cases where the provider may be “legal” in some countries and “illegal” in other countries or territories.

Choosing a provider that meets the different standards of the financial industry will allow us to have a platform that has a certain level of quality and security, in addition to helping us avoid sanctions or legal problems in the organization.

Evaluate the level of integration

Evaluating the level of integration of a Wallet is essential to ensure the functionality, security, and usability of the wallet in a financial and cryptographic ecosystem.

A Crypto Wallet IBAN allows you to link digital assets (such as cryptocurrencies) to traditional bank accounts using an IBAN. Testing the integration ensures that the wallet can seamlessly handle SEPA transfers or other banking transactions. A proper integration allows users to handle both digital assets and fiat currencies from one place, making payments, withdrawals, and deposits to bank accounts easy.
Good integration ensures a seamless user experience, enabling fast transfers between cryptocurrencies and fiat currencies, international payments, and access to advanced financial services.

What do you think about this topic? Do you want to know more about Pilsenga’s IBAN Crypto Wallet service?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post IBAN Crypto Wallet: Tips for Choosing an Ideal Provider first appeared on Pilsenga blog.

Increases the risk of asset loss

Some people and companies think that using financial services for businesses increases the risk of losing financial assets (crypto-assets or fiduciary assets) due to the insecurity that may exist in the provider’s online platforms and ecosystems. However, companies authorized to provide financial services have different security measures and protocols within their platform or ecosystem (where their different financial tools operate).

Among the most notable security measures and protocols are the custody of multiple assets, approval of transactions, the identity verification platform, integration of security controls, and two-factor verification, among others.

Hidden commissions

Some people believe that companies offering financial services have “hidden” fees for service maintenance, operations, or transactions. However, financial services are offered by a wide variety of legally constituted companies and financial entities that operate under the main standards and regulations of the financial industry, which forces them to publicly display the fees or commissions they handle, not only for regulation but also to be more transparent, generate trust, be more competitive in the sector, allowing the client to compare these fees with those of other entities and choose the financial services provider that best fits their expectations. And needs.

Exclusive service for large companies

Some individuals and small businesses believe that financial services are for the exclusive use of large companies. However, financial services are designed to offer a wide variety of financial solutions for all types of companies: small, medium, and large.

It is important to note that there are financial institutions that specialize in offering services to companies of a certain size (for example, medium-sized companies), allowing them to efficiently manage their resources through financial solutions that best adapt to their needs and that have the capacity to scale as companies grow and expand their market reach.

High-cost service

Some people and companies think that financial services for companies are expensive, which can generate additional or unnecessary expenses for the company or organization. However, companies that have financial services have the advantage of optimizing their operations and financial transactions, which leads to savings in time, labor, and economic resources, allowing for greater financial efficiency for the entire organization.

Regional and limited service

Some people think that financial services for companies are designed only to operate at a regional or national level, which limits the expansion of their operations internationally. However, most financial services for companies have been designed to be scalable, which allows for market expansion internationally since, through these services, companies can have a presence in different countries, being able to send and receive payments internationally quickly and effectively.

What do you think about this topic? Do you want to know more about Pilsenga’s financial services for companies?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Five myths about financial services for companies first appeared on Pilsenga blog.

Compatibility level

Businesses typically have financial systems and tools in place that serve several key functions, such as reporting and analysis of all transactions. For this reason, it is important to consider how compatible the platform is with your existing systems and tools when choosing a business payment processor. For example, payment processors should be able to integrate with your business’s e-commerce platform, accounting software, and other financial tools.

Security level

When choosing a payment processor, the security level of the platform must be considered, since a system with a high level of security will reduce the chances of users’ financial information being compromised or exposed. For this reason, it is important for companies to evaluate the level of security that the provider’s ecosystem has and assess whether it complies with the different security standards of the financial industry.

Accepted payment methods

Businesses should offer their customers a wide variety of payment methods, as this streamlines transactions. business operations and allows the customer to have a better shopping experience. For this reason, it is recommended to check all the payment methods supported on the provider’s platform: credit cards, debit cards, digital wallets, and cryptocurrencies, among others.

Rates and settlement times

Generally, companies have a high flow of operations, especially when they offer high-demand products or services, which is why, when choosing a provider for the payment processor service, it is important to consider the rates and processing times to avoid unexpected expenses and ensure that the payment processor executes the transfers /operations in a reasonable time.

Scalability level

Generally, most companies want to grow and reach new markets. Therefore, it is important for companies to evaluate the level of scalability of the provider’s platform and its entire technological ecosystem.
As a business grows, the number of transactions increases. A “scalable” payment processor can handle tens to thousands of transactions per second without affecting performance or customer experience. Scalability allows processors to adapt to the needs of new markets, integrating different currencies, payment methods, and regulations, facilitating the expansion of businesses or companies globally.

What do you think about this topic? Do you want to know more about Pilsenga’s business payment processor service?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Payment processors for businesses: Points to consider when choosing a provider first appeared on Pilsenga blog.

Currently on the market there are different payment services, which allow businesses to send and receive money seamlessly , efficiently, and transparently to other countries. However, due to the different alternatives currently available on the market, it can be difficult to choose the right provider. Below, we will share some tips for choosing an ideal provider for international payment services.

Speed of payment processing

Typically, most businesses need to make international payments that are processed quickly, either in real-time or in a few seconds. Hours/minutes. For this reason, it is advisable to choose providers that offer fast payment processing, especially to minimize transaction times and avoid possible delays in payments, which is important in companies with high transaction volumes. An example of this is the Pilsenga platform, which works with the SEPA and SEPA Instant system and stands out for its fast processing speed in the European Union.

Security level

Companies generally look for a seamless international payment service (Seamless International Payments). To achieve this goal, it is important that the platform has a high level of security since this allows for the protection of users’ resources and personal information.

For this reason, it is advisable to consider providers that have different protocols and security measures that allow protecting users’ financial information. It is also important that the provider complies with the different standards and guidelines of the financial industry, as this guarantees certain quality and security parameters on the platform.

Types of currencies and market scope

One factor to consider when choosing an international payment provider is the types of currencies and the market reach they offer. It is advisable to evaluate which types of currencies the provider supports and whether the countries of interest are part of the list of countries supported by the provider. For example, we can evaluate whether the provider offers multi-currency IBAN accounts and how many currencies they operate with.

Transaction fees

Companies that need to make international payments should be aware that the provider’s platform may charge fees related to currency conversion, transaction volume, and processing speed, among others. For this reason, it is advisable to evaluate and compare the fees handled by each of the payment service providers. and choose the one that best suits the company’s needs.

Level of integration

Generally, companies have accounting / financial systems and platforms that allow them to efficiently manage their resources, so when choosing a payment provider, it is advisable to evaluate your company’s level of integration. Financial ecosystem and its level of compatibility with the operating systems already used in the company.

If the financial ecosystem integrates seamlessly with any platforms the company already uses, data can flow seamlessly, avoiding duplication of effort. Compatibility with existing systems minimizes the costs associated with implementing new systems or the need for additional staff training. It also reduces the time required for the adoption and adaptation of the new financial ecosystem, allowing the company to begin seeing benefits more quickly.

User Experience

It also reduces the time required for the adoption and adaptation of the new financial ecosystem, allowing the company to begin seeing benefits more quickly. If payments are quick and easy, users will be more inclined to complete their transactions.

What do you think about this topic? Do you want to know more about Pilsenga’s international payment service?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Seamless international payments: Tips for choosing an ideal provider first appeared on Pilsenga blog.

SEPA integration

It is important that the provider offers access to the SEPA payment network, as this will allow for greater transparency and speed in payments. Companies that contract the Pilsenga service have the possibility of integrating their financial services with the extensive SEPA payment network, which facilitates transactions within the Eurozone, reduces operating costs and increases transaction speed (through systems such as SEPA Instant).

Security level

It is important to select a provider that has a platform with a high level of security, as this will allow users to protect their financial resources and personal information. At this point, we can highlight that the Pilsenga’s financial ecosystem has a high level of security, as it has different protocols and security measures. This reduces the chances of the financial resources and user information are compromised, which reduces the chances of losses, failures or delays in financial operations.

Dedicated IBAN account

Companies that use the Pilsenga platform have the possibility of having a dedicated IBAN account, which allows for greater control and management of the company’s financial resources, in addition to complying with the different regulatory and accounting requirements. All this makes dedicated IBAN accounts an indispensable tool for managing (in a more efficient way) the financial resources of the entire organization. 

Additional services

It is important that the provider can offer different complementary services, as this allows the company to access different resources quickly, in addition to improving its financial efficiency. Companies that use the Pilsenga platform can access other complementary financial services such as: digital wallet, accounting packages, payment processors, among others.

Using a digital wallet, the company can manage its digital assets and cryptocurrencies (Bitcoin, Ethereum, and USDT) in a more efficient way, which is essential for those companies that seek to diversify their resources and offer their clients other payment alternatives. On the other hand, using an accounting package, the company can automate its accounting tasks and have better internal control. Some examples of this are the generation of accounting reports or the automation of group payments through the batch payment function.

24/7 Customer Support

It is important that the provider has good customer service and offers 24/7 support, as this will allow for personalized treatment, problem solving or clarifying any type of doubt/question.

At this point we can mention that Pilsenga offers its clients 24/7 support according to the needs of each client or company. An example of this is Pilsenga’s dedicated manager service, which offers companies a unique and personalized experience for each client. Currently this type of service is available 24/7 and is available in English, Spanish and Italian.

What do you think about this topic? Do you want to know more about Pilsenga’s financial services for companies?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Euro IBAN account for companies: Why choose Pilsenga? first appeared on Pilsenga blog.

Security level

It is recommended that the security level of the provider’s platform be evaluated since SEPA platforms handle highly sensitive financial information, such as account numbers, personal data, and banking transactions. A high level of security allows this information not to be intercepted or compromised by third parties. To evaluate this aspect, you can check the different security mechanisms and protocols that the provider uses to protect its users’ data.

For example, the Pilsenga platform has different security measures such as data encryption, transaction approval, integration of security controls, identity verification platform, backups, multiple asset custody, and two-factor authentication, among others.

Regulatory compliance

It is advisable to assess whether the provider complies with the different regulations and standards of the financial industry and the European Union, as these standards guarantee a certain level of quality and security on the financial platform. It is important to note that SEPA payments operate in an environment regulated by European Union financial regulations and other international laws, so it is essential to comply with these standards to avoid sanctions, fines, and legal problems.

Type of license and complementary services

Generally, financial institutions that provide the SEPA payment service for companies tend to offer other complementary financial services. For this reason, it is recommended to know what other services the provider offers, in addition to verifying what type of license it has, since in this way it can be determined what complementary services are necessary and which are “legal”.

For example, among the main complementary services offered by Pilsenga are the following: dedicated IBAN accounts, batch payments, e-money & IBAN service, Exchange, digital wallet, payment processors, and online ledgers, among others.

Scalability

It is advisable to evaluate whether the provider’s platform has the capacity to scale and whether it can be adapted to the future needs of the company. If the platform is scalable, the company will have the opportunity to grow and expand its operations, being able to project itself and acquire new commercial/financial responsibilities in the medium and long term.

Customer service and attention

It is advisable to evaluate the quality of the provider’s service and customer support, as it is an effective way to get an “idea” of the treatment we will receive, in addition to knowing if the said provider will have the capacity to solve any problem or setback that may arise in the future.

To assess this point, we can contact the supplier through their different official digital channels and analyze the quality and time of their responses. Among the main questions we can ask to assess this aspect are the following:

– Was my question answered satisfactorily?
– Did they try to redirect the conversation to another person or channel?
– Did a bot or a real person answer me?
– How long did it take them to respond?
– Was the treatment cordial and respectful?

What do you think about this topic? Do you want to know more about SEPA payments for companies?

If you are interested in Pilsenga’s products or services (including SEPA payments for businesses), you can contact us by visiting the following link.

The post SEPA Payments for Businesses: Tips for Choosing the Ideal Provider first appeared on Pilsenga blog.

Improvements in security measures

Due to the fact that an increase in cyber threats (Malware, Phishing, Social Engineering, DDoS) has been observed Attacks Advanced Persistent Threats, among others), financial entities constantly invest resources to implement advanced security measures; some examples of this are advanced security protocols, biometric authentication, identity verification based on blockchain technology, among others.

Open banking

More and more financial institutions are not only adopting online banking, but are also betting on open banking, which is based on sharing customers’ financial data with third parties (with the consent or permission of said customers), in order to offer more efficient and personalized financial products/services.

The main characteristic of open banking is that it offers its users a wide range of new financial services, which are created by multiple providers through applications, APIs and various digital platforms, which facilitates access to credits, loans and other innovative financial services.

Development of 100% digital banks

Many financial institutions and Fintechs have set out to develop digital platforms to offer their clients a 100% online banking service. Through these types of banks, companies can request all services online, allowing them to access more versatile and flexible services and lower rates compared to traditional banks.

Application of artificial intelligence (AI) for advanced services

Online banking is using artificial intelligence (AI) to offer more advanced, efficient, and personalized financial services, as this technology allows financial institutions to automate many tasks, in addition to generating records, performing predictive analysis, and making risk assessments, which contributes to better financial planning in the future.

Using virtual assistants

Financial institutions are seeking to offer an increasingly advanced online banking service (based on technology), with virtual assistants being one of the most widely used tools. These assistants have the ability to provide 24/7 support and advice to companies with an increasingly personalized and dedicated banking experience.

Virtual assistants allow businesses to access online banking at any time without being dependent on banking hours. This is especially crucial for companies that operate internationally or have urgent financial needs to avoid disruptions to business operations.

Virtual assistants not only allow you to perform operations but can also perform financial analysis based on the company’s behavior. They can identify spending patterns, recommend financial products that optimize cash flows, and provide advice on investments or financing.

What do you think about this topic? Do you want to know more about Pilsenga’s business banking service?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Five trends in online banking for businesses first appeared on Pilsenga blog.

Tailor-made financial services

Pilsenga offers a wide range of financial services designed specifically for medium-sized companies, which have the capacity to increase their scalability and growth, thus improving the operational and financial efficiency of the entire organization.

Accounting package

Companies that have Pilsenga’s financial services, They have access to accounting packages, which allow companies to track and keep track of all their operations and financial transactions efficiently, allowing them to optimize the financial management of the entire company.

High safety standards

Pilseng has a platform that has different security measures and standards, such as data encryption, identity verification platform, integration of security controls, transaction approval, custody of multiple assets, backups, and two-factor authentication, among others.

Multi-currency IBAN account and cross-border payment gateway

Pilsenga has different financial tools that allow medium-sized companies to optimize their financial management and expand into new markets or territories. An example of this is the dedicated multi-currency IBAN accounts and cross-border payment gateways, which allow domestic and international transactions in over 30 currencies and in around 150 countries, supporting over 180 payment methods.

Compliance and risk management

In order to maintain good financial and legal health, medium-sized companies must comply with a series of regulatory standards and guidelines. Pilsenga stands out in this area, as it helps and advises medium-sized companies with compliance with regulations and standards of the financial industry, reducing the likelihood that companies may be sanctioned and fined, in addition to preventing and fighting against money laundering and fraudulent activities.

Dedicated and personalized support

The Pilsenga ecosystem has dedicated and personalized customer service and support, which aims to solve different problems and meet the needs of its customers effectively through adequate advice, guidance and timely assistance. An example of this is the 24/7 dedicated managers service, which are trained to offer a better experience to their users, helping and guiding customers so that their companies comply with the different regulatory standards of the sector. It is important to note that this service is currently available 24/7 and is offered by native speakers in Spanish, Italian, and English.

What do you think about this topic? Do you want to know more about Pilsenga’s financial services for medium-sized companies?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post How Pilsenga helps to optimize the financial management of medium-sized companies first appeared on Pilsenga blog.

Regulatory compliance and risk management

By complying with the different financial regulations and managing risks, companies can avoid legal and financial problems. By automating their financial operations and accounting processes, companies can perform more efficient monitoring of all their operations and transactions, which helps regulatory compliance and risk management, since automation allows for continuous analysis of financial data, generating reports, and displaying potential accounting problems in a timely manner. One of the most useful financial tools for this purpose is accounting packages, which help with internal control and regulatory compliance of companies.

Asset flow management

Generally, companies need to maintain a balance in their assets that guarantees good financial health in the medium and long term, which is why it is essential to have good financial management and tools that help manage the company’s asset flow.

Asset flow management automation helps reduce manual errors, accelerates payment cycles, streamlines invoice processing, allows payment scheduling, improves cash flow, helps in the timely receipt of payments, among others. Among the most widely used financial tools to automate asset flow management are: batch payments, payment processors, simplified invoice payments, payment gateways, Exchange, dedicated accounts, e-money service, among others.

Detailed transaction record

Companies need to keep detailed records of their financial transactions to achieve greater transparency and regulatory compliance, which will allow the organization to have better financial health. Through general ledgers or accounting books, companies can keep a reliable and efficient record of all their financial transactions, which helps to quickly identify discrepancies, allowing financial records to be more accurate and constantly updated.

Payments and payroll management

Among the responsibilities and processes that a company generally has is payroll management, which can include operations such as tax calculation and timely payment of employees and suppliers.

It is important to note that this task can be automated, allowing multiple payments to be sent in a single operation, which avoids manual errors and improves the process of salary calculations, tax deductions, and direct deposits. All of this allows employees and suppliers to be paid in a timely and efficient manner, which allows for building better work and personal relationships.

What do you think about this topic? Do you want to know more about the financial processes that a company can automate?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post What financial processes can a company automate? first appeared on Pilsenga blog.

Evaluate reliability

One of the points to take into account when choosing an online banking provider for businesses is to evaluate the reputation or level of reliability of the provider. This can be done by checking the testimonials and ratings of the users of their platform or application. At this point, it is important to verify the authenticity of these testimonials.

Another point to consider in this regard is the time the supplier has been in the market. For example, a company that has been operating for more than 2 years will be more reliable, especially compared to a company that has only been operating for 6 months.

Security level

When choosing an online banking provider for businesses, it is advisable to evaluate the level of security of its platform. This can be assessed by checking the different security mechanisms and protocols that the provider uses to protect its users’ data, as well as encrypting, authenticating, and backing up customer data in case of loss, theft, or unauthorized access.

For example, the Pilsenga platform has different security measures such as data encryption, integration of security controls, identity verification platform, transaction approval, backups, multiple asset custody, and two-factor authentication, among others.

Operating rates

Generally, companies maintain a constant flow of financial operations, for this reason, it is advisable to evaluate which rates the provider can apply in each operation since this is a factor that can increase the company’s operating costs.

Among the rates that are recommended to be evaluated are: transfer operations, payment reception, currency conversion, account maintenance, generation of account statements, inactive accounts, and account creation, among others. It is important to review the rates section on the provider’s official website, in addition to verifying that said information is up to date.

Type of license and services

It is important to evaluate the type of license and services that the online banking provider has, this is because the type of license can determine which financial services for companies a financial institution can offer.

Among the most notable services that an online banking provider can offer are dedicated IBAN accounts, digital wallet, SEPA and SEPA Instant transfers, batch payments, exchange, payment gateway, among others.

User interface

User interface is an important factor when choosing an online banking provider, as a platform with multiple functions is of no use if it is difficult to use or is unfriendly. Through a modern and intuitive platform, companies can manage their banking resources in a simple and efficient way. quickly and efficiently, which translates into savings in time and resources for the organization, in addition to the fact that end users will have a more satisfactory experience with the platform.

Quality of service and customer support

When choosing an online banking provider, it is advisable to evaluate the quality of customer service and support, as this is an effective way to get an idea of the treatment you will receive, as well as knowing whether said provider will have the capacity to solve any situation or setback that may arise in the future.
To assess this point, we can contact the supplier through their different official digital channels and analyze the time and quality of their responses.

What do you think about this topic? Do you want to know more about Pilsenga’s online banking service for businesses?

If you are interested in Pilsenga products or services, you can contact us by visiting the following link.

The post Tips for choosing an online banking provider for businesses first appeared on Pilsenga blog.