Lithuania-based Genome has launched SEPA Instant Transfers, which allows clients to send and receive euro payments within seconds across the eurozone.
This update was designed to facilitate financial transactions for individuals and businesses faster and more efficiently. The introduction of this feature is aimed at providing users with a seamless and cost-effective way to manage everyday payments and conduct business transactions.
In the company's press release, Genome officials said the global trend towards instant payments is accelerating and the company is committed to ensuring customers have access to fast and convenient payment options across Europe. He said he is focusing on it.
SEPA Instant Transfers cost and accessibility
The cost of SEPA instant transfers remains the same compared to regular SEPA credit transfers, so clients do not have to pay any additional fees to use the instant payment service. This feature is immediately available to all users without any additional setup or customer support involvement.
Genome representatives further explained that SEPA Instant Transfers complements the company's existing business tools. Recently, Genome added SWIFT and other international money transfer services for businesses, allowing them to transact in 42 countries. SEPA Instant Transfers provides a new option for businesses seeking fast, cost-effective transfers within Europe.
Learn more about genomes
Genome is a licensed electronic money institution supervised by the Bank of Lithuania. We offer online business account services, allowing users to open multiple dedicated accounts in different currencies such as EUR, USD, GBP, PLN, CHF, JPY, CAD, etc.
The platform offers domestic and international money transfer options and supports currency exchange. Genome also issues virtual and physical Visa business cards for employee payments and business expenses.
