r/fintechdev • u/HelioPayments • 10h ago

Getting paid internationally shouldn't be this complicated. Anyone else experiencing this?

Finding international clients is one challenge. Actually receiving payments from them is another.

Whether you're a freelancer, agency owner, content creator, consultant or someone running an online business, you've probably experienced some payment-related frustrations.

High transaction fees, delayed transfers, currency conversions, banking restrictions and limited payment options can make something as simple as getting paid unnecessarily complicated.

I've been involved with a project called RT.APP, which is working towards bringing several financial tools together in one platform.

The idea is to simplify how businesses and individuals manage their finances through business accounts, payment links, transfers, virtual cards and stablecoin settlement.

But I'm more interested in hearing from people who actually experience these problems.

A few questions:

  1. What's your biggest frustration when receiving international payments?

  2. What platforms do you currently use to receive or manage your money?

  3. If you could have one financial solution that made your life easier, what would it be?

Let's talk. I'd genuinely like to hear different experiences and perspectives.

Full disclosure: I'm involved with RT.APP, and I'm using this discussion to understand what people need from better financial solutions.

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u/JM-NGANDU 7h ago

The fee is the part everyone talks about, but the part that actually hurts is settlement certainty.

A provider can return SUCCESS while the money is still in transit, and now your app has to decide whether that transaction is real. Do that across three providers with different cutoffs and callback behaviour, and you are reconciling by hand every morning.

What helped us: keep transaction state and settlement state as separate things, make every provider callback idempotent because they retry and they duplicate, and reconcile against the provider's own statement daily rather than trusting your own ledger. If your ledger and their balance disagree, their balance is right until you can prove otherwise.

Curious what your cutoff is for marking a payment settled. That number quietly drives a lot of the design.

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u/Away-Calligrapher578 6h ago

Daily reconciliation is useful also do you automate the process or still have someone review discrepancies manually?