The world’s economy in today’s unprecedented globalization is now more interconnected than before. Technological advancements have made it a lot easier for businesses, both small and big, to connect with international partners, clients, and customers.
One critical development that has considerably aided this is the conception and implementation of money transfer services such as PayPal. Unlike traditional bank transfers, the service offers a cheap, easy, and fast solution for American businesses and organizations to make payments to partners based outside the U.S.