Yes the PayShark platform manages multiple currencies.
All deposits, deposit in the currency of the bank account deposited to. Example if we are collecting US$ for you and you set up a CAD$ account, the collected amount will be converted and deposit in CAD$. If you wanted to receive US$, set up a US$ account for the deposits. The choice is up to you.
Generally your invoices are created on the 1st and 16th of the month for any previous work performed. Collections take 10 to 12 business days. As soon as your collections are received they are credited to your PayShark account and transferred the bank account you've set up. The transfer takes 2 to 3 business days depending on the bank you deal with.
Payment cards are excellent to use as an alternative to a bank account. Payment cards are deposited to the same way your bank account would be. Payment cards are accepted globally in most financial institutions using the INTERLINK, PLUS and STAR financial networks.
Set up is simple and only takes a few minutes. All that's needed is your personal information and desired bank accounts to deposit to...Our system will perform a test deposit of $0.01 to ensure all is correct.
PayShark receives a data feed for any services you've performed over the last period. From this we create your invoice for each client. The invoices are located in your account section. You can see when they've been sent. When they've been collected. And when the transfers are on their way to your bank account.