In today’s increasingly intricate global economy, grasping the nuances of Value Added Tax is crucial for both businesses and consumers. VAT, a tax applied to the sale of goods and services, is a key component of national revenue and plays a significant role in international commerce.
PaySaxas Blog
Many people today are starting their own businesses, which provides an opportunity for greater independence.
New technologies and cybercriminal tactics continue to gain momentum. At every turn, we are threatened by the risk of data hacking on computer devices or mobile gadgets.
In our increasingly globalized world, businesses are reaching beyond borders, driving the need for smooth and efficient international transactions.
Sending money to an international bank account means moving funds to a bank in a different country with fees.
In recent years, the use of QR codes has evolved from a fashionable trend in online business, which is used in everything, to a rather systematic process. It is similar to the usual barcode but is recognized by any camera of a modern smartphone.
International money transfer systems guarantee fast transfer of funds all over the world. Moreover, not only banking services – Western Union, MoneyGram, SWIFT – but also p2p transfer systems such as PayPal can cope with this task. Today there are many options for organizing such transfers. Let’s take a closer look at everything together with […]
The banking world is one of the most complex and interconnected industries in the world. This industry is also full of acronyms and abbreviations. When making payments, you will encounter IBAN, SWIFT, SEPA, and so on.
Innovation has made significant strides in recent years, revolutionizing the landscape of financial management for businesses. Nowadays, astute financial professionals employ a plethora of tools to bolster their operations and establish a solid footing in the market.
Business globalization is a complex but often profitable strategy. Entering a foreign market brings new challenges.
Electronic invoicing is revolutionizing the administrative and economic processes of businesses. This new invoicing method, which involves sending and receiving invoices electronically rather than in paper format, offers many advantages in terms of efficiency and cost savings.
The payment systems and international payments market are changing before our eyes. What seemed futuristic 10 years ago is now standard practice.
The time has passed when it was difficult to trade in different currencies. Today banks can offer separate accounts for each type of currency, as well as multi-currency accounts that allow you to work with monetary units of different countries.
Everything is changing and modernizing in the world. What seemed convenient and comfortable yesterday may cause discontent and inconvenience today.
The last decade has been a busy one for traditional banks. The development of IT technologies, improvement of the quality, and spread of the Internet have led to the emergence of new forms of financial structures.