6 Ways PesaPeer Payments Supports SMEs Going Global

In the world today, the reach people and businesses have is no longer determined by where they live. Small and medium-sized enterprises (SMEs) are no longer limited by geography in meeting their customers.

Whether you're a fashion designer in Lagos, run a tech startup in Accra, or are freelancing in Europe, the tools to operate globally are within reach. But while opportunity has gone global, payments haven’t always kept pace.

And that’s where PesaPeer Payments comes in.

Following Pesa’s acquisition of UK-based Authoripay, now rebranded as PesaPeer Payments, we're unlocking new opportunities to help SMEs scale internationally with the confidence, speed, and flexibility they need to grow.

In this article, we’ll explore exactly how PesaPeer supports SMEs going global—across payments, remittances, compliance, and beyond.

1. Access to Regulated Financial Services in the UK and EU

One of the biggest barriers that SMEs face when expanding abroad is compliance with and adherence to regulations. With PesaPeer’s direct FCA authorisation in the UK and EU, we’ve cleared that hurdle, so you don’t have to.

What does this mean for your business?

1. You can now operate and receive payments in Europe with the peace of mind that ya a licensed, regulated entity backs you
   
   
2. Your customers and partners abroad can trust the legitimacy and security of your financial setup.
   
   
3. You reduce the legal and operational friction that often comes with expanding your business abroad. 

 2. Global Card Issuing and Use Made Easy

With the Mastercard Principal Membership, PesaPeer Payments can issue virtual cards to SMEs and their teams, eliminating the need for third-party providers.

How does this help your business?

1. You can provide team members with controlled spending cards for travel, procurement, or online subscriptions.
   

• E-commerce businesses can issue cards for customer refunds, loyalty rewards, or payouts.
  
  
• Remote teams and freelancers working across borders can be paid and spend globally, instantly.
  

3. Efficient Global Money Remittance

 Anyone who is building a global brand often juggles multiple remittance needs, such as paying suppliers in China, receiving payments from Europe, or sending salaries to remote teams. Traditional banks are slow and expensive. PesaPeer’s remittance infrastructure is designed to move money faster, cheaper, and with greater visibility.

The advantages of using Pesapeer Payment for your Global Remittance

1. Competitive FX rates and zero transaction fees
   
   
2. Near-instant settlement in key corridors
   
   
3. Transparent processes that help you track every transaction
   

With PesaPeer, you’re not just sending money, you’re managing global cash flow smarter.

4. Virtual IBANs and Swift Codes for Local-Style International Banking

One of the most exciting capabilities unlocked by the acquisition is the ability to provide virtual IBANs and Swift Codes to users across Europe and beyond. A virtual IBAN acts like a local bank account, but without needing a physical presence in that country.

What this unlocks for SMEs:

• You can receive international payments in your business name as though you have a bank account in the UK or EU.
  
  
• Customers can pay you via local transfers, saving them time and fees.
  
  
• You simplify your business needs with multi-currency wallets and dedicated payment references.
  

This addition is a total game-changer for freelancers, export-led businesses, and service providers who operate globally and want to enjoy their transactions without the overhead of international banking.

5. Secure, Open Banking-Enabled Payments

PesaPeer Payment is also authorised to offer payment initiation services, which allow businesses to initiate direct payments from customers’ bank accounts with their consent.

This is particularly valuable for subscription-based businesses, service providers, or digital platforms looking to collect regular payments.

Why does it matter?

1. Lower transaction costs than card payments
   
   
2. Fewer failed transactions and reduced fraud.
   
   
3. Instant settlement and better visibility
   

For SMEs operating on slim margins, these details make all the difference and have a high impact on business growth. 

 6. Created for Growth

At its core, PesaPeer Payments was built to solve problems we’ve faced ourselves, like scaling businesses across borders, managing multiple payment flows, and navigating complex regulations.

Whether you're just starting to sell internationally or already operating in multiple markets, PesaPeer provides the flexibility, reliability, and compliance backbone to take your business to the next level.

Taking Your Business Worldwide Doesn’t Have to Be Complicated

Expanding beyond your local market is no longer a luxury; it’s a growth strategy and a necessary one at that. But without the right financial tools, it can be overwhelming.

PesaPeer Payments removes the friction from global growth. With local-level infrastructure, international reach, and a platform designed for modern businesses, we’re helping SMEs move faster, operate smarter, and reach further.

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Pesa is a Money Service Business registered and regulated in both Canada and the United States. The Financial Transactions and Reports Analysis Centre oversees it in Canada. In the United States, the Financial Crimes Enforcement Network (FinCEN) registers it.

Save time and money when you send with Pesa. With transparent pricing, fast transfers, and enhanced security features, Pesa provides a modern solution. Create a Pesa account and send money internationally like a local - for free and on time.

Create a PESA account today, and start sending money for free.

You can download Pesa on iOS and all Android stores.

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