The Hidden Friction in Traditional Banking

For a long time, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the default for international transfers. While secure, this legacy system was not built for the speed of the modern digital economy.

• A typical 4% to 7% in intermediary fees is a direct hit to your net profit margin.
• Waiting 5 to 7 business days for funds to clear creates unnecessary pressure on working capital and payroll.

Enhancing the Client Experience

From the perspective of a global client, the payment process is a reflection of your agency’s professionalism. US-based clients, for instance, are accustomed to the seamless nature of domestic transfers. Asking them to navigate complex SWIFT forms or visit a bank branch for a "wet signature" creates friction in the partnership. A payment process that feels "local" to the client—using familiar routing and account numbers—removes these barriers and positions your agency as a sophisticated global partner.

Streamline Your Global Revenue with Visa Global Collection

To help Vietnamese IT agencies overcome these financial hurdles, FinFan offers the solution in collaboration with Visa. Powered by Visa and a network of local banks worldwide, this platform allows you to:

• Ensure transparent FX rates while eliminating hidden fees.
• Operate roughly 35% more cost-effectively than traditional methods

Stop letting legacy banking slow down your scale. Book a Demo with FinFan today and secure your global revenue pipeline.