Instant SEPA Transfers
Business services
How to attract investors for an iGaming business: a guide for 2025
The online gambling business is in good shape, a rapidly growing industry with an enormous 5,42% annual growth rate for 2025-2029, which is more than the expected GDP growth in many countries. Global iGaming market trends indicate it’s a worthy investing pool, and it provides many opportunities for rapid growth for iGaming businesses. In this article, our team explains how to attract investors for iGaming business companies, providing some tips on what you can do to succeed. Understanding the iGaming market landscape First and foremost, why is the iGaming market in such a good position? If we take a look
Business services
What is an ACH payment? A complete guide to Automated Clearing House transactions
ACH payments (Automated Clearing House payments) provide one of the most important ways of moving money between banks in the US. It is regarded as a highly efficient and secure method of making transfers from one bank account to another, making the ACH transfer process extremely popular in different industries. What are Automated Clearing House (ACH) payments? ACH payments are electronic transfers between financial institutions in the US, involving transfers from one financial institution to another across the ACH network. ACH transfers are typically used for transactions, including bill payments, paychecks, and recurring monthly debits. Social security payments and tax
Money and you
Choosing the best money transfer app for your financial needs
Want to access seamless and fast money transfers while holding a smartphone? In 2024, it is a common wish for many people who want to prioritize time and convenience. According to the latest research on the topic, 40% of mobile users in 35 countries around the world will start actively using mobile financial apps in the next 5 years. Thus, such a feature will certainly increase demand. Want to learn what the primary advantages the best international money transfer app should possess? Find out below! What is a money transfer app? A money transfer app is a digital tool that
Product news
Unlock the full potential of SEPA Instant transfers with Genome!
In today’s fast-paced world, speed and efficiency are more important than ever, especially when it comes to financial transactions. Our team at Genome knows that all too well, and we are happy to share the news about our transfer feature! Genome’s game-changing SEPA Instant Transfers are now available for outgoing payments as well! Now, you can send and receive transfers in euros within seconds. Such a transfer option is perfect for the momentary, cost-effective day-to-day financial operations and business transactions within the Eurozone. Note that the payer’s/beneficiary’s financial institution needs to have the SEPA Instant scheme integrated so they can
Money and you
Wire transfer vs bank transfer: understanding the differences
The article was updated on 12.12.2024 To common users of banking services, money transfers are money transfers. As in, you don’t consider them complex – they are just tools for receiving and sending money. But then, you face many terms like bank transfers, wire transfers, electronic payments, online transfers, etc. And you start to wonder – “Is there a difference between all of these?” and “What should I use?”. Well, let’s figure it out together! In this article, Genome will primarily focus on bank transfers and wire transfers and how they differ when it comes to sending money. What is
Money and you
SEPA payment: a comprehensive guide to Single Euro Payments Area transactions
The Single Euro Payments Area (SEPA) initiative was and still is an incredible solution for improving transfers within the Eurozone, allowing for safe and fast payments. If you live, work, or have a business in the EU, SEPA transfers are definitely what you need to explore. In today’s Genome article, we explain SEPA transfers – the most common transactions abroad within the European Union. We will dive into different types of SEPA transfers and talk about the pros and cons of this pan-European network. What is SEPA? SEPA transfers are standardized euro payments across Europe that enable quick payments between
Business services
SEPA payments for businesses: what to know
SEPA transfers are a fast way of sending funds in euros within the Eurozone. The mechanism for both personal and SEPA payments for business is the same, as well as timeframes and even fees. In Genome, we know all about SEPA payments for business and support them for our personal and business eWallets. Let’s have a closer look at SEPA transfers and their peculiarities to find out what’s needed to receive money via the network. What is SEPA It’s a scheme adopted in 2008 for quick and simple transfers. These are available in the SEPA area that includes 36 countries.
Money and you
Types of SEPA payments: everything you need to know
If you live in Europe, the chances of making SEPA bank 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. But before getting to the article’s main topic, here’s a quick reminder. SEPA transfers are transactions made in euros, which occur within the SEPA zone on a bank-to-bank basis. Currently, 36 countries are a part of the Single Euro Payments Area (SEPA). All the EU members and 9 other countries are a part of the SEPA network. To transfer funds, you’ll require
Money and you
How to make a SEPA payment?
The SEPA network has been in place for more than 10 years now. And, what’s more, it has been working perfectly well. Due to globalization and the Internet, the world does not seem so huge now. The same goes for transactions: everybody needs to know what the best payment options are there. That’s why today we’re talking about SEPA transfers in our blog post. We will cover everything connected to this topic step by step: types of SEPA payments, charges, timeframes, and how to use Genome to send them. No worries, you won’t get lost. We’ve prepared detailed but concise