Please note that Genome’s merchant services have been temporarily unavailable since September 2024. In the modern world, opening your own business is a growing tendency, no matter in what country you’re living. First of all, it brings some stability (along with constant challenges) to your life. That is, some people prefer working on their own rather than doing corporate jobs where they have almost no influence on the company and all the processes. Secondly, globalization, coupled with digitalization, presents new ways of starting and managing a business without even leaving your house. Beginning from DIY little things and ending up

Prepaid debit cards are a great way to have better control of your spendings. Why? Because you can only use as much money as you’ve put on such a card in advance. As a matter of fact, prepaid cards are pretty similar to debit ones. The major difference is that with a second one you can sometimes go overdraft. With a prepaid card, it’s not possible under any conditions.  In today’s blog post, Genome will discuss how prepaid debit cards for travel work, what are their strong sides, and which one of them is the best. Read on for more

If you live in Europe, the chances of you making SEPA transfers are pretty high. But did you know there are different types of SEPA payments? No worries, Genome’s team is here to clarify the difference between them. Join us today and learn which kind of transfers will suit your needs best.  But before getting to the main topic of the article, here’s a quick reminder. SEPA transfers are a type of transaction made in euros, which occur within the SEPA zone on a bank-to-bank basis. Right now, 36 countries are a part of the Single Euro Payments Area. These

Of course, it’s best to choose one reliable financial provider to manage your finances over an extended period. However, it often happens that we need to send money between providers. It may seem like a burden to move all your funds to another bank at once or within a short given time. In addition, the pressure of making a mistake with the necessary details and losing all your savings is always there, especially if you’re in a hurry.  But don’t worry, the reality of transferring money from one bank to another is much less scary than you can imagine. Indeed, there are

What’s the first thing you do after booking tickets and housing in a foreign country? That’s right, you think about your payment options and day-to-day banking. It’s no secret that having a foreign account would simplify a lot, no matter whether you’re traveling for business or pleasure and whether it’s a short trip or long-term stay. It’s not all about low fees or beneficial currency exchange rates. In fact, having and using a foreign account abroad also has a lot to do with comfort. If you’re in a foreign country, you do not need any hassle or complications with the speed

Bank wire transfers are the first known way to send money electronically and dates back to the 19th century. You may ask: how could people send anything electronically at that time? The answer is simple: telegraph wires. These were the first means of electronic communication, and the telegraph served as a smooth and straightforward system for exchanging information over long distances.  In today’s blog post we are talking all about wire transfers and how they look in the 21st century. Read on to find out how to make a bank wire transfer, fees, timeframes, and different ways to wire money.  What

Please note that Genome’s merchant services have been temporarily unavailable since September 2024. In recent years, many businesses have moved online. For one, it’s more convenient, and you can reach far more customers. And while some companies use websites for the purpose, others go straight for the apps. So, we at Genome decided it was time to make things easier for the latter category. Introducing Genome’s mobile SDK! For those who don’t know a software development kit allows programmers to use tools for application development.  In this case, it means that you can integrate Genome’s payment page into your application

The world is in a full autumn mode, but it doesn’t slow the Genome’s team down at all! Lots of events and updates happened in September, and we are here to share them with you! Without further ado, let’s get to it! Updating your knowledge of payments You’ve guessed it – we are talking about different ways of transferring funds yet again! After all, there are so many ways you can send payments, that limiting yourself to only one is not exactly convenient. This time, we covered remittance and what you can use to make such payments. Another interesting topic is how

With an overwhelming number of new financial providers appearing every year, it’s hard to keep track of all the banking rules. Fintech companies, just like traditional high-street banks, bring to the table new products, features, and ideas to attract potential clients every month. For example, with some financial providers, you can order a virtual card, while others do not offer such an option. Some present expensive services and premium packages, while others provide many features for free. No wonder that people who are not deeply involved in the financial sphere can be worried about the safety of their money and

So many topics have been covered on our blog: from transfers and cards to merchants and direct debits. We’ve talked about a lot of things, but how about going back to basics? And the basics, in this case, is Genome itself and all its features.  Today, we have decided to dedicate a whole article to the topic of account opening on our platform, so you understand the process and know how easy it is! So, if you are wondering how to open an account online for your individual, business, or merchant* needs, Genome has got you covered!   Open an