What Are Nexpay's New USD Transfers?
Nexpay's USD transfers let business clients send payments in US dollars to recipients, even though the client's own balance with Nexpay is held in EUR. Nexpay handles the EUR-to-USD conversion at the point of transfer, so the money arrives on the recipient's side already in USD.
Why Does This Matter for Businesses?
For companies whose partners, or customers expect to be paid in USD, this removes an extra step on the recipient's end: they no longer need to receive EUR and convert it themselves.
Who Benefits from Nexpay's USD Transfers?
Crypto exchanges and platforms
Crypto exchanges, wallets, and crypto-native platforms use Nexpay's USD transfers to pay out in USD for trading, liquidity, and user withdrawals, without asking recipients to convert EUR themselves.
Forex brokers
SaaS and subscription businesses
SaaS and subscription businesses use Nexpay's USD transfers to bill international customers in USD, so customer charges are settled in the currency the customer expects, even though Nexpay account balances remain in EUR.
How Do Nexpay's USD Transfers Work?
Nexpay's USD transfers are built into the existing Nexpay account setup used by current business clients. Client balances stay in EUR; at the time of a USD transfer, Nexpay converts the required amount to USD and sends it to the recipient. No separate platform or account is required.
How Can a Business Get Access to Nexpay's USD Transfers?
Nexpay's USD transfers are available now to business clients. Businesses can contact Nexpay directly or talk to their account manager to enable USD transfers on their account.