The costs, time and processes applied by traditional banks to international transactions currently stultify global trade. Saxo Payments, part of the Saxo Bank group, is challenging the status quo, addressing the financial, compliance and security barriers put up by the traditionalists with game-changing solutions.Saxo Payments is creating a marketplace where every member benefits from being part of its community. The Saxo Payments Banking Marketplace offers direct and indirect members the capability to make and receive cross border bank transfers in seconds rather than days, at very low cost, in multiple currencies and in a secure and compliant cloud-based environment.Direct membership is open to card acquirers, Payment Service Providers, Alternative Payment Method providers, FX Payment providers. Indirect membership is open to merchants who join via their payment solution providers.Through the Saxo Payments Banking Marketplace, businesses with global ambitions now have the ability to process cross-border bank transfers without any loss of time or cash, truly empowering global trade. Saxo Payments is a true game-changer in the payments world – ensuring that businesses operating in the international marketplace are not held back by convention.