Australian hardware distributor Dynamic Supplies has signed an agreement with UK payment services provider Travelex, to rollout a web-based overseas payment and foreign exchange system, arnnet.com.au reports.
Under the terms of the deal, by selecting GlobalPay, the distributor can view and schedule incoming and outgoing payments on a single screen. The GlobalPay platform developed by Travelex Global Business Payments is used for cross-border and domestic payments, being delivered through an internet portal.
Travelex has not disclosed the length or value of the contract. The company provides international payment services for commercial and personal customers, with products comprising multi-currency spot contracts, forward contracts. Travelex operates under three divisions: Global Business Payments, Retail and Outsourcing.
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