back Back

ZilBank unveils cross border payments service for South Korean entrepreneurs

By Gloria Methri

January 08, 2024

  • B2B Payments
  • Cloud Banking
  • Cross Border Payments
Share

Zil, Zilbank, Zil Money, Cloud Banking, US, South KoreaZilBank, a B2B payment platform, has launched an initiative, enabling South Korean entrepreneurs and freelancers to conduct payments to the United States effortlessly. The platform has made it easier for South Korean businesses to pay US vendors, affiliates, employees, and other partners regardless of location.

The cloud banking platform ensures efficient and affordable cross-border transactions, enabling South Korean entrepreneurs to conduct business easily and cost-effectively.

This feature simplifies global transactions, removing the requirement for a physical presence and offering unmatched convenience to South Korean entrepreneurs in the USA.

ZilBank simplifies creating multiple business accounts for different purposes. It enables affordable money transfers via ACH, mailed checks, and wire transfers. Instant fund transfers between ZilBank accounts ensure smooth financial transactions. The platform provides virtual cards, international payments, bulk payments, the “get paid early” option, and more.

Zil Money Corporation, the parent company of ZilBank.com, ZilMoney.com, and OnlineCheckWriter.com, recognizes small businesses’ difficulties, like handling cash flow and ensuring timely employee payments. ZilBank.com simplifies payroll management, providing continuous fund access. With ongoing innovation, businesses can enhance cash flow, unlock their potential, and ease the burden for small business owners handling employee payments.

It is dedicated to innovating in financial technology and empowering businesses to succeed globally. This service is a significant step in strengthening economic ties between South Korea and the United States.

Previous Article

January 08, 2024

iGTB featured in IBS Intelligence case study on Vietcombank’s Cashup program

Read More
Next Article

January 08, 2024

Paymob and Tamara partner to offer seamless payments for SMEs

Read More








IBSi Daily News Analysis

bahrain, islamic finance

February 22, 2024

B2B Payments

What makes Bahraini Islamic Finance industry so robust

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

MultiPay teams up with Acquired.com to launch Pay By Bank

Read More

Today

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

Today

Nium expands Middle East presence with Enjaz Banking Services partnership

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023