For those of us with busy lives, it’s hard to imagine even a day without using a card. It allows us to pay for stuff – whether at home or outside efficiently.  But what if you need a card for your business expenses? Well, you can definitely get it! Let our team explain what debit cards for business are and how to get your perfect corporate card at Genome.    Business debit card – why would you need it? It is pretty simple. It is a type of card you can use to pay for expenses related to your company. For

The world of 2022 is fast-paced and filled with solutions for bettering people’s day-to-day lives.  One such solution is contactless payments, and we at Genome consider it to have a vital place among other essential technologies in the banking sphere. As you might have guessed, today we dedicate an article to this topic, explaining the contactless payments phenomena, its benefits, and its usage. What are contactless payments?  It is a method of payment that requires no contact with the point-of-sale reader when you make a purchase. Instead, you hold your phone or card near the reader to pay. Let’s make

If you live within the EU, IBANs are essential to your everyday banking experience, as you need an IBAN to send and receive money. But have you heard about virtual IBANs? Or maybe you are confused about how the virtual IBAN differs from a regular one? Today, Genome will answer all these questions! Let’s first brush our knowledge on what the regular IBAN is and then dive into the distinction between these two terms.  What is an IBAN, and why do you need it? It is an International Bank Account Number, using which you can make and receive international money

It’s Autumn already – we get fewer sunny and warm days. But here, at Genome, we continue working on our services no matter the weather outside! Let’s see what articles and updates we have for you this time!  Online wallets all the way! Digital wallets gain popularity day by day, with more options arising. No wonder, as it is a great way of paying for things and sending or receiving funds. Thus, we dedicated two whole articles to the topic. The first is about multi-currency online wallets and why you would want to use one.  And in the second article,

Online wallets are all the buzz today, providing an alternative to traditional bank accounts and cards when it comes to payments and transfers. But what are the best online wallet options out there? Find out with Genome today! We will explain what an online wallet is and how to choose the best wallet for you.    What is an online wallet? An online wallet (also known as a virtual wallet) is software or an application that stores a person’s payment details to make purchases, transfers, and, sometimes, other financial operations. Overall, its main purpose is to deliver services to clients in

Genome’s team continues publishing tutorials for you to use Genome more effectively and answer any questions that may arise. This time we are dedicating a blog to transfer limits for personal and business wallets. Read on to find out more. What are your basic transfer limits? Once you start a wallet inside Genome, you have a basic limit for incoming and outgoing transfers. You can easily increase the limits. For personal wallets, the basic limit is 1000 EUR for the incoming and 1000 EUR for the outgoing payments. Please note that this basic limit is yearly. But if you raise

The article was updated on 11.06.2024 Modern financial institutions offer many types of international payments, but only some are as popular as SWIFT payments. After all, the SWIFT network covers most countries on Earth and is quite flexible.  Find out what is so beneficial about a SWIFT payment, how the SWIFT network works, and how you can make an international money transfer inside Genome.  What is a SWIFT code? Also known as a bank identifier code (BIC), a SWIFT code is an integral part of the SWIFT network. A SWIFT code is used to identify a specific financial institution when

A business account is essential for any company of any size and freelancers. But which account to choose, and how to open a business account in Germany? This Genome article is dedicated to these two topics. And besides, there will be some useful tips for business beginners. Tips to manage a business in Germany Strategic points Your expertise is valuable. Identify how your know-how differs from those of your competitors. Highlight the most unique and important parts of the product or service, along with the needs it covers. Your entourage is wealth. How do you coordinate your team’s efforts in customer relations?

What’s better than having an online wallet? Having a wallet with multiple accounts that can hold different currencies. Yes, this is what a multi-currency online wallet is all about! Using it, you gain access to various currencies, which allows you to make payments and transfers with low exchange rates and store funds in a preferable currency. Today, we at Genome explore the topic of multi-currency wallets and if they are available for the euro currency.  What to know about multi-currency online wallets Online wallet is a broad term, but it usually refers to software or an application that allows storing

Summer moved on, but Genome is here to stay! Our team had a very productive August, and we’d like to share some updates with you. More on that – below. A new contactless payment option As an online wallet provider, Genome works on diversifying the contactless payment options our platform is compatible with. And now, along with Apple Pay and Google Pay, we also provide Garmin Pay! Meaning you can now link our Genome virtual or physical cards to your Garmin Pay watch that supports NFC payments. Check out this blog for more details.  Hallo, wir sprechen Deutsch! From the