Among the many positive aspects of Malta that we highlight day by day, a critical issue emerges tha up to now has represented an obstacle for those who want to do business and work in the archipelago: the difficulty of opening a bank account. To fill this gap, the team of Malta Business has worked on the development of a new service that we are pleased to launch today.
A service that tries to respond to the difficulties experienced above all by foreigners, struggling with unsustainable procedures and timelines, in order to have a service that should be easily accessible. And they often fail in their “mission” of obtaining an account in which to store and protect their resources.
For all professionals, entrepreneurs and employees struggling with these problems, the solution is Malta Business Pay, the new network which promotes electronic and online payment tools, accounts with Iban SEPA and the management of debit and prepaid payment cards.
Opening your account is easy! First of all, choose the solution that’s right for you:
Designed for those entrepreneurs who wish to operate on international markets, it is offered in the Starter, Growth and Professional modes.
Customers who choose this account have access to multi-currency accounts and are provided, if necessary, with an IBAN for non-SEPA transactions and with virtual and physical debit card issuance solutions.
The monthly fee already includes the costs for a maximum number of transfers to be made per month and there are no costs for incoming transfers.
ll services are developed around a secure and constantly updated internet platform, accessible 24 hours a day, in compliance with current financial and risk management regulations provided by the authorized financial institution.
The solutions promoted by Malta Business Pay allow to offer speed and security of processing.
The payment process takes place all on the same platform and the funds are credited directly to your account.
Malta Business Pay also offers other solutions, which can be consulted at https://maltabusinesspay.com/.
Digital payments are a convenient and secure way to make transactions, whether you are a business accepting payments from customers or an individual looking to streamline your financial management. With the rise of mobile devices and online platforms, it has become easier than ever to make and receive payments digitally. Some benefits of using digital payments include:
- Fast and efficient transactions: Digital payments can be processed in real-time, allowing for faster turnaround compared to traditional payment methods such as checks or cash.
- Increased security: Digital payments often come with added security measures, such as encryption and authentication, to protect against fraud and unauthorized access.
- Reduced risk of errors: Digital payments can reduce the risk of human error, such as incorrect calculations or lost payments, compared to manual processes.
- Greater convenience: Digital payments can be made from anywhere, at any time, making it easier to manage your finances and make payments on the go.