MC125

3rd Party Accounting Applications

ELIMINATE THE COST AND COMPLEXITY OF INTERNATIONAL PAYMENTS

The Currency Cloud Ltd is authorized by the Financial Conduct Authority, under the Payment Services Regulations 2009 for the provision of payment services. (Registration No. 531019)

When making cross-border payments, accounting software users typically have to leave their programs and manually complete transactions through their bank or broker (with no transparency on pricing). This interrupted process leads to poor exchange rates, processing errors, complex reporting – and unhappy customers.

The Currency Cloud’s (TCC) unique international Payments offering enables developers to integrate international payments into the Accounts Payable function, saving end users time, effort and money. By incorporating our service into the accounts platform, we help business application providers and software vendors position international payments equally with domestic payments by eliminating the need to log into a 3rd party application to complete a transaction. This adds greater value to the solutions while maintaining the integrity of the current AP process.

Using TCC Connect APITCC Connect API provides a single point of connectivity, allowing accounting applications to be built within a very short period time while all the complexities are handled by our platform.

Connecting through TCC Connect API allows you to deliver a richer user experience. With just a couple of clicks, end users are done with their transactions which eliminates phone calls or disengagement from the core account process, making international payments as easy as domestic ones.

Unique Benefits to End UsersEnd users of accounting applications using TCC capabilities will find cross-border payments to be simpler and less costly, leaving more resources available for the core activities of the business. Other end user benefits include:

° Guaranteed conversion rates at time of trading

° Conversions as low as $1.00

° 100% price transparency

° Local fund collections and payments in over 30 countries

° Real-time activity reporting

° Pre-validation of beneficiary details to minimize payment errors

Case Study m-hanceSeamless integration of TCC Connect API enables fast app launch and strong customer interest

The Opportunitym-hance, a UK-based company and Microsoft Certified Partner that implements, deploys and manages enterprise systems, wanted to seamlessly integrate the accounts payable process into Microsoft Dynamics GP and AX to make cross-border payments low cost, simple and transparent.

This would allow their 2,400+ users to maintain the integrity of their established AP processes, significantly reduce their banks charges and move towards a single source of reporting.

What TCC Delivered

° Easy to integrate API that enabled m-hance Currency Connect to be launched in just weeks

° Full support and domain expertise

° No upfront costs

° Simple ROI based on revenue share

Realized Results

° Thirty days after m-hance Currency Connect was launched, over 240 clients had expressed an interest in using the app

° Outstanding feedback has been received from users on the app’s automation of the entire payments cycle

° Revenues are forecasted to exceed £300k in 2013

° m-hance is extending the integration of TCC Connect API to their proprietary solution

Contact UsTo learn more about The Currency Cloud, our payment capabilities, or our API, please contact us at info@thecurrencycloud or call +44 (0)20 3326 8173

www.thecurrencycloud.com[twitter] @currency_cloud