As a business that started out of a small office in Ghana only a few years ago and now operates in over eight countries while catering to transactions in 80+ countries across the globe, WeWire understands the importance of growth and expansion as a business goal.
To grow, a business needs to not only serve their current customer base but also drive adoption in new markets. One tool that businesses, especially those in the manufacturing, import/export, finance, health, and tech industries, require to grow and explore new markets is a smart invoicing solution.
A smart invoicing system optimises creating, sending, and tracking invoices, allowing businesses to manage their operations seamlessly. WeWire has now launched a smart invoicing solution that takes it even further by incorporating a feature that allows customers to pay in multiple currencies while the business receives settlement in their preferred currency.
What WeWire’s Smart Invoicing Feature can do for you
Generate customisable invoices
WeWire Invoices are customisable, allowing you to create unique invoices for your clients with discounts, tax, late fees and other deductions or additions. They are also designed to include your brand logo, colours and other key branding elements.
Manage collections in multiple countries and currencies
A multi-currency payment system allows businesses to interact with customers in other countries. Each WeWire invoice has a unique payment link enabling customers to choose the currency to pay in. With this, global businesses can collect payments from Nigeria, Ghana, Kenya, Cameroon, the US, the UK, and others.
Receive settlement in your preferred currency.
Once invoices are paid, merchants can receive settlement in their preferred local or international currency. Settlement can be in a currency different from what the customer paid, as our multi-currency wallets allow us to process payment in various currencies.
Reconcile transactions with ease.
With WeWire Smart Invoicing, merchants can eliminate reconciliation issues stemming from mismatches between the buyer’s name and received funds. Each payment is linked to a unique invoice, which makes it easy to track and reconcile.
WeWire’s Smart Invoicing has simplified the entire payment value chain into one place, bringing invoicing, collections and settlement into a single app.
How to access Smart Invoicing on WeWire
- Create a WeWire account
- Complete your KYC requirement
- Upgrade your account to a WeWire business account
- Create an invoice and share it with your customer
- Your customer pays in their local currency
- WeWire converts and settles the payment in your preferred currency.
WeWire is a financial technology platform simplifying cross-border payments for international businesses. Our Smart Invoicing feature offers flexible payments, collections, settlements, and reconciliation to manufacturers and suppliers expanding into Africa.
We enable customers to pay in their local currency while you receive payments in your preferred currency. WeWire streamlines your financial operations and reduces administrative burdens.
