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Why are international transactions more expensive?

Explore the distinctions between domestic, regional, and international payments, shedding light on essential concepts such as SEPA, SWIFT, and cost-saving strategies.

Introduction to: Domestic, Regional & International Transactions

Embark on a journey through the diverse realm of financial transactions, where we explore the distinctions between domestic, regional, and international payments, shedding light on essential concepts such as SEPA, SWIFT, and cost-saving strategies.

SEPA Simplified: Navigating the Single Euro Payments Area

Step into the world of SEPA (Single Euro Payments Area) and unlock the secrets of seamless euro-denominated transactions across European borders. Discover the primary objectives, covered areas, and essential payment instruments.

SWIFT Unveiled: Exploring the Global Network of Financial Telecommunication

Journey into the realm of SWIFT (Society for Worldwide Interbank Financial Telecommunication) and uncover the mechanisms that power global money transfers. From sender instructions to secure transmission, learn how SWIFT facilitates efficient and reliable cross-border transactions.

Navigating Cost Efficiency: Strategies for Mitigating High Cross-Border Fees

Navigate the complexities of cross-border transactions with savvy cost-saving strategies. Explore the benefits of leveraging local payment methods, establishing local entities, embracing alternative solutions, monitoring exchange rates, and staying abreast of industry advancements to minimize expenses and optimize international transactions.

Join us in Module 9 of the PaymentGenes Academy to thoroughly understand everything about Domestic, regional and international transactions. This module is tailored to provide you with essential knowledge and skills:

  • Understand the key differences between domestic, regional and global card payments
  • SEPA
  • SWIFT
  • Preventing high costs


By completing this module, you'll not only gain comprehensive knowledge about the digital payments environment but also be well-equipped to navigate and comply with these crucial standards.

Explore this module and more at The PaymentGenes Academy Foundation course to elevate your understanding of the ever-evolving world of digital payments.

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