You’re Probably Losing 3% on Overseas Profit w/ Pourash Pant

Payments Innovation

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6y ago 14:05

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When it comes down to payments and foreign exchange exposure, small and medium sized businesses don’t have a good understanding of what it’s costing them.

It varies from company to company, obviously, but even the big companies can be oblivious to the charges — up to 5%.

On this episode, I talked with Pourash Pant, co-founder of Tigerflo Global Payments, about why most SMBs don’t even realize how much they’re losing.

What we talked about:

The reality of foreign exchange payments losses
Why SMBs are particularly susceptible to the “used car dealership model”
Average losses for small businesses and medium businesses
Educating SMBs in foreign exchange solutions
The next 5-10 years in FinTech

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