How UAE Businesses Can Cut International Payment Fees from 5% to 1%

Turning expensive international payments into local ones

If your UAE business serves clients overseas, you probably know the pain of high card fees.
Whether your clients pay you in Europe, Asia, or the US, accepting money through card payments can cost you 4–5 % per transaction — sometimes even more after currency conversion.

But there’s a smarter way.
Modern payment providers now let UAE businesses open local collection accounts in their client’s country — so customers can pay you like a domestic transfer with minimal fees.
That means faster, cheaper, and more transparent payments — and PaySelect can help you find the right provider to make it happen.

A real example: From 5 % to 1 % in payment costs

Take the case of a UAE accountancy firm that supports Danish entrepreneurs setting up companies in the UAE.

For years, their Danish clients paid invoices via card — losing around 5 % in fees every time.
To fix this, the firm used a PaySelect-recommended provider that issued a local bank account in Denmark (DKK).

Now, when a client in Copenhagen pays, it’s just a domestic transfer — no card networks, no cross-border mark-ups.
The provider automatically converts the DKK funds and delivers them to the UAE account within one business day, with only a 1 % total cost.

✅ Clients pay less
✅ The UAE firm receives more
✅ Everyone enjoys faster settlement and full transparency

How this works behind the scenes

1. Local collection accounts — You’re given an account in your client’s currency and country (for example, a DK account for Danish clients, or a EUR account for European ones).
2. Local payments in, global payouts out — Your clients make a local bank transfer in their own currency, and the provider converts and sends the money to your UAE account.
3. Lower fees and faster delivery — Because no card network or correspondent bank is involved, you save up to 80 % on fees and typically get paid within 24 hours.
4. Full transparency — You see exactly what’s being converted, at what rate, and what you’ll receive.

Who can benefit

This model works perfectly for:

• Professional services – consultants, accountants, legal advisors, formation agents
• Exporters and wholesalers – receiving payments from overseas distributors
• Freelancers and agencies – designers, developers, and marketers billing foreign clients
• Education and training companies – collecting tuition from students abroad

How PaySelect helps

Finding a provider that offers multi-currency collection accounts and fast FX payouts can be time-consuming.
That’s where PaySelect comes in.

Through the PaySelect platform, UAE businesses can:

• Compare licensed global payment providers that support local collection accounts in multiple countries
• See each provider’s fees, FX rates, settlement times, and supported currencies
• Connect directly to providers that fit their industry and payment flow

In just a few clicks, you can discover who can open local accounts for your key markets — Denmark, the UK, Europe, India, or the US — and start saving on every transaction.

The bottom line

If your UAE business receives payments from clients abroad, you don’t need to keep losing 4–5 % in card fees.
With the right cross-border payment partner, you can:
💡 Give clients local bank details in their own country
💱 Receive funds in your UAE account within a day
💰 Pay only around 1 % total in fees instead of 5 %

It’s simple, compliant, and proven to work — and PaySelect can help you find the ideal provider to set it up.

👉 Explore the best cross-border collection and payout solutions at www.payselect.ae

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