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Introducing Convert&Pay: Simplified International Payments in One Click

We've launched Convert&Pay – a new feature that lets you make foreign currency payments in a single step, directly from your main wallet in EUR.

Streamlining Your Global Payments

This is great news if operating internationally is important for your business growth. Until now, making payments in foreign currencies required multiple steps – exchanging currency first and only then initiating the payment.

Convert&Pay unifies these processes into one action. You can now make foreign currency payments in 17 different currencies to over 180 countries worldwide, directly from your main EUR account. The system handles the currency conversion automatically as part of the payment process, saving you time and simplifying transactions.

Key Benefits for Your Business

Convert&Pay brings several advantages to FINOM customers:

  • One-click international payments: Make foreign currency payments directly from your EUR balance without juggling between multiple screens or processes
  • Complete transparency: View the exact exchange rates before confirming your transaction
  • Enhanced security: Every international payment is secured with passkey confirmation
  • Seamless integration: Works perfectly with all your existing FINOM financial management tools

Flexibility for Your Financial Strategy

While Convert&Pay simplifies sending money abroad, we've maintained options for businesses with more complex financial requirements. You can still purchase foreign currencies separately and hold them in your account for strategic treasury management.

This flexibility lets you optimize your approach based on your specific business needs – use Convert&Pay for quick international payments or manage currency holdings separately when timing market conditions is important for your business.

Availability and Future Plans

All FINOM customers with accounts opened under our Electronic Money Institution (EMI) licence can already use Convert&Pay, and it will gradually become available to all FINOM customers in the upcoming months. The feature maintains our existing competitive fee structure for foreign exchange and international payments, with no additional costs for the added convenience.

Looking ahead, we plan to expand the range of supported currencies from the current 17 to over 30 currencies in the second phase of development, further enhancing your ability to do business globally.

Start Using Convert&Pay Today

Convert&Pay is available from March 6, 2025, to all FINOM customers using the company's own Electronic Money Institution (EMI) license who have international wallets with GB IBAN. The feature maintains our existing fee structure for foreign exchange and international payments, with no additional costs for the added convenience.

In the coming months, we plan to expand the supported currencies from 17 to over 30, further enhancing your ability to conduct business globally.

Log in to your FINOM account today to discover how Convert&Pay can streamline your international payment processes and help your business operate more efficiently across borders.

Have questions about Convert&Pay? Our support team is ready to assist you.