Payset prespective
October 24, 2023

How Payset Adapts to Your Unique Business Needs

One of the key benefits of a Payset account is the dedicated services of a personal account manager and the ability to customize our products to meet the unique needs of your business.

To help you determine if Payset is right for you, today we are highlighting some of the diverse business sectors we serve and how our payment services solve key problems faced in these industries.

If you're interested in more information on a particular industry, click the titles below to visit the individual sector page or contact us at any time!


  • Easily accept payments on your website in 34 currencies from 180+ countries at low rates
  • Pay suppliers around the globe via local or international payment networks
  • Prevent scams and fraud by using our advanced fraud prevention tools
  • Send and receive free and instant payments to other Payset account holders
  • Make quick, low-fee currency exchanges within your account


  • Allow clients to pay you via the currency and payment method of their choice
  • Accept both local and international transfers in 34 currencies
  • Accept free and instant payments from other Payset clients
  • Save on low-fee currency exchanges
  • Easily withdraw funds to your traditional bank account, make payments, or spend online


  • Pay and get paid in 34 currencies, in 180+ countries
  • Get advice and one-on-one assistance from your dedicated account manager
  • Save when you pay staff, contractors, and suppliers via local or international payment methods
  • Manage your FX, payments, and accounting from a single dashboard
  • Generate invoices and track payments with excellent reporting features
  • Make free/instant payments to and from other Payset account holders

B2B Payments

  • Process payments and invoices in 34 currencies from anywhere in the world at any time
  • Send and receive faster, cheaper payments between partners and suppliers
  • Improve partner relationships by offering cheaper, more flexible payment options
  • Make free/instant payments to and from other Payset account holders
  • Get advice and one-on-one assistance from your dedicated account manager

Global Payroll

  • Automate payroll processes for fast, hassle-free payouts to international recipients
  • Make instant, free payments to your staff when they have their own Payset accounts
  • Pay staff in 180+ countries in one of 34 local currencies at low exchange rates
  • Enjoy excellent reporting features to make secure payments and keep accurate transaction records
  • Get advice and one-on-one assistance from your dedicated account manager

Marketplace Vendors

  • Receive payments from all the top ecommerce marketplaces into one account
  • Offer products and services to a broader client base in previously out of reach regions
  • Pay suppliers and sub-contractors via free and instant payments to/from other Payset clients
  • Easily transfer funds to your traditional bank account
  • Allow clients to choose from several payment methods and 34 currencies

If you'd like more information about how we can customize our Payset services to meet the unique needs of your business, contact us or or book a free demo with one of our experts and ask us anything!

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Frequently asked questions

What is a multi-currency account/virtual IBAN?

A Payset multi-currency account allows you to receive money in 34 different currencies and send money in up to 38 currencies, all within the same account.

You can deposit and withdraw funds, convert currencies at competitive exchange rates, and hold your chosen currencies to capitalize on market movements.

A Payset multi-currency account allows startups and business owners to receive payments from clients virtually anywhere in the world and pay suppliers, staff, and contractors quickly and affordably in their chosen currency.

  • Funds can be deposited and withdrawn from the account for a small fee.
  • Account holders can send and receive money with other Payset users for free.
  • Depending on your region, you can use various payment networks from your Payset account, including SWIFT, SEPA, ACH, Fedwire, Faster Payments, BACS, and CHAPS. 
  • Once you register an account, you will be provided with a Virtual IBAN (International Bank Account Number), which makes all of these transfers easy.
  • We provide you with local payments and collections. For example, transactions in USD, EUR, CAD, and GBP are processed through the local payment networks, which is far cheaper and takes minutes as opposed to days

Are there limits on the amount of money I can send and receive?

No, there are no transaction limits on Payset multi-currency accounts.

However, higher-volume transactions may require additional anti-fraud verification. If you plan to make a large transaction, contact us in advance to avoid verification delays.

How is Payset regulated?

Payset is regulated as an authorized Electronic Money Institution by the UK Financial Conduct Authority. Our activities are also regulated by the Payment Services Regulation 2017 and the Electronic Money Regulation 2011 (SI 2011/99).

How do I send money from my account?

Once you have opened your verified IBAN account and added money to a balance, transferring funds is simple.

Simply log in into your account and add a beneficiary, then simply “make a transfer” in your preferred currency to that beneficiary.

Information contained in this publication is provided for general education and information purposes only and should not be construed as legal, tax, investment or other professional advice or recommendation, or an offer of, or solicitation for, any transactions or any other actions (or refraining therefrom); This material has been prepared without taking into account any particular recipient’s financial objectives or situation. We make no warranty, guarantee or representation, whether express or implied, as to the completeness or accuracy of the information contained herein or fitness thereof for a particular purpose; Use of images and symbols is made for illustrative purposes only and does not constitute a recommendation or advice to take or refraining from any action; Use of brand logos does not necessarily imply a contractual relationship between us and the entities owning the logos, nor does it represent an endorsement of any such entity by Pay Set Limited, or vice versa; Market information is made available to you only as a service, and we do not endorse or approve it; Any reference to past performance, predicted returns, or likelihood performance scenarios may not reflect actual future performance and certainly do not guarantee future outcomes.

Manage Global Payment with a Payset Business Account

Rating star

I wanted to express my appreciation for the successful cooperation between my firm and Payset. I would like to point out in particular the professionalism, the manner in which requests are handled, the quick response time and the satisfaction of the clients. I strongly believes that we will continue to move forward and create many collaborations in the future

Asaf and the team
Rating star

The experience of using PaySet account was really interesting. It is one of the most ergonomic systems I have ever used. Support provided is fast and enquires are resolved in no time. I am very satisfied for using this account! Keep going guys!

Christina Loizou
Accountant at Lytria
Rating star

Through our experience with Payset we are happy to say the services provided were accommodated to our needs perfectly and were performed professionally. The support and customer care is fast and efficient, no question or request is left unanswered or unresolved. 10/10

Payments and Risk Manager, CanadaP LTD
Rating star

For the past year, we have worked hand in hand with Payset Limited to assist us with numerous payments related services. At no one time have they failed me, and they have always been on time, making them one of our top reliable business partners.

Clearsky network
Payments Team
Clearsky Network

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