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International Payment Methods Meaning

A broad term for the systems and tools used to send money between different countries and currencies. This includes traditional "legacy" methods like SWIFT wire transfers, as well as modern alternatives like SEPA (in Europe), digital wallets (like PayPal), and decentralized assets.

These methods vary wildly in terms of speed, cost, and reliability. Traditional international wires can take up to 5 days and cost $30-$50 per transaction, whereas modern fintech solutions and stablecoins can move value across the globe in seconds for a fraction of a cent.

For global businesses, choosing the right international payment methods is critical for managing cash flow and customer satisfaction.

The trend is moving toward "borderless" solutions that hide the complexity of currency conversion and local banking rules, making sending money to Tokyo feel as simple as sending it to a neighbor.

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