March 19, 2025
3 Min Read
Local Settlement Capabilities Now Live for Major Currencies
Sciopay has introduced local settlement functionality for five key currencies—Australian Dollar (AUD), Euro (EUR), Hong Kong Dollar (HKD), Singapore Dollar (SGD), and US Dollar (USD)—transforming how businesses manage cross-border transactions.
This update brings several important benefits to international clients and businesses operating across these regions:
Faster Transaction Times: Same-day or next-day local settlements ensure funds move quickly and reliably across borders.
Significant Cost Savings: Eliminate excessive international wire fees with fee-free local transactions, saving both time and money.
Improved Trust and Credibility: Making payments in local currency helps foster stronger relationships with regional partners, suppliers, and clients.
Operational Efficiency: Manage all supported currencies through a unified, user-friendly platform designed for modern global businesses.
Whether your business involves overseas investments, supplier payments, or trade in foreign markets, Sciopay’s enhanced local settlement infrastructure offers a smarter way to handle international payments.
August 19, 2024
3 Min Read
Expanded Currency Support: West & Central Africa + Southeast Asia
As part of their mission to make global payments more inclusive, Sciopay has rolled out support for three additional currencies:
West African CFA Franc (XOF)
Central African CFA Franc (XAF)
Indonesian Rupiah (IDR)
This update opens up new channels for businesses looking to operate or expand in West Africa, Central Africa, and Southeast Asia, giving them direct access to transact in regional currencies.
Please note: payout services for XOF and XAF are subject to country-specific restrictions.
If you operate in these markets—or plan to—Sciopay’s growing currency coverage can support your strategic expansion goals. Have a currency in mind you’d like to see added? Let us or Sciopay know—your input matters.
June 19, 2024
3 Min Read
Introducing PKR and EGP for International Transfers
Continuing its focus on unlocking emerging markets, Sciopay has added two new currencies to its platform:
Pakistani Rupee (PKR)
Egyptian Pound (EGP)
With these additions, businesses and individuals now have increased access to seamless transactions in South Asia and North Africa. This move aligns with Sciopay’s broader strategy to simplify payments in high-growth regions and support inclusive financial ecosystems across the globe.
Clients now have even more flexibility when managing cross-border operations—whether for payroll, procurement, investments, or vendor settlements.
May 19, 2024
3 Min Read
New Currencies Added: Strengthening Global Payment Access
A year ago, Sciopay made a major stride in global coverage by introducing the ability to purchase and transact in five additional currencies:
Brazilian Real (BRL)
Indian Rupee (INR)
Malaysian Ringgit (MYR)
Moroccan Dirham (MAD)
Philippine Peso (PHP)
This expansion enables businesses to operate more efficiently in South America, South Asia, Southeast Asia, and North Africa, with localised currency access that reduces reliance on costly FX intermediaries.
Whether you're scaling into new territories or supporting local partners, Sciopay's ever-growing list of supported currencies gives you the tools to go further.