International Payments

Overview

International payment is how an IoT business collects once devices and customers are not in one country. It covers multi-currency payment, cross-border settlement, a payment gateway, and foreign-exchange management. SimtoLink International IoT Cloud Platform (ICMP) runs that path end to end, across 200+ countries and regions, for 500+ enterprise customers and more than 10 million connected devices.

Charge and collect in more than one currency

Bill in the local currency, collect in several currencies, and settle in one. USD, EUR, CNY, and GBP are among the currencies supported, which cuts the cost of paying across borders.

Settle across countries, and hold the rate

Bring funds together from more than one country and set the settlement cycle. Exchange-rate management can lock a rate and suggest where the rate can be improved, so FX risk is smaller.

One gateway, several ways to pay

The gateway accepts telegraphic transfer (TT), a letter of credit (L/C), cards, and PayPal, with an API, reconciliation, and an audit trail.

What finance needs from a cross-border payment desk

Finance needs one payment view across countries and currencies, cross-border settlement and a place to gather funds, handling that meets GDPR and anti-money-laundering rules, and payment security with an audit. ICMP provides a global payment dashboard, settlement reports, reconciliation, an API, and finance support, and the same setup can grow with the business.

How a payment stays intact

Payment services run on a microservices architecture and stay within an SLA of 99.9%, with technical support 7×24. TLS covers payment traffic, IAM and RBAC limit who can settle, and the audit trail is the record finance will ask for.

Multi-currency payment in one place, without a separate bank connection for every account
A REST API so ERP and the finance system can take payments and reconcile them
Payment history and settlement lines that an audit can follow
A customer-success manager for payment setup and for the finance questions that follow

Who collects this way

Several countries / a group customer Devices in 200+ countries are collected in one flow, funds are gathered across borders, and subsidiaries inside the group can settle with each other.

Channel sales / agents Multi-level channels pay in one place and settle by customer or region, including agent prepayment, monthly settlement, and rebate.

Reconciliation / a compliance audit Payment records and settlement detail stay traceable for reconciliation, anti-money-laundering (AML) checks, and cross-border tax filing.

From payment design to a live settlement cycle

Follow requirements review → solution design → a proof of concept (POC) → scaled deployment → ongoing tuning. SimtoLink configures payment methods and settlement rules, opens a POC environment, and helps connect the finance system and train the team. Contact SimtoLink to match collection to the currencies you already invoice in.