Multi Currency Payments for Construction Industries
Easily manage multiple currencies and pay your suppliers on time without the usual hassle. With Hubpay, your funds are safeguarded by top-tier security standards, so you can focus on your business while reducing costs and currency risks.
Licensed under
Abu Dhabi Global Market
Simplify payments with Hubpay
Simplify payments with Hubpay
Currency management using Hubpay's multi-currency account
Access live exchange rates that refresh automatically, helping you make timely decisions.
Execute transactions when rates are most favorable, maximizing savings on international purchases.
Support for over 150 currency pairs, allowing flexibility in sourcing materials globally.
Currency management using Hubpay's multi-currency account
Access live exchange rates that refresh automatically, helping you make timely decisions.
Execute transactions when rates are most favorable, maximizing savings on international purchases.
Support for over 150 currency pairs, allowing flexibility in sourcing materials globally.
Enhance operations and safety using custom permissions
Assign 4 distinct user roles: Viewer, Preparer, Executor and Admin. Tailored to your team’s needs.
Establish a maker/checker process to ensure oversight and accuracy in all transactions.
Improve accountability and reduce the risk of errors or fraud in your financial operations.
Enhance operations and safety using custom permissions
Assign 4 distinct user roles: Viewer, Preparer, Executor and Admin. Tailored to your team’s needs.
Establish a maker/checker process to ensure oversight and accuracy in all transactions.
Improve accountability and reduce the risk of errors or fraud in your financial operations.
Your funds are safeguarded
Hubpay is secured under Abu Dhabi Global Market's 3C license ensuring compliance with strict regulations.
All customer funds are held in separate, ring-fenced accounts with world class financial institutions that are audited regularly.
Robust security measures, including two-factor authentication and stringent approval policies, protect your transactions.
Your funds are safeguarded
Hubpay is secured under Abu Dhabi Global Market's 3C license ensuring compliance with strict regulations.
All customer funds are held in separate, ring-fenced accounts with world class financial institutions that are audited regularly.
Robust security measures, including two-factor authentication and stringent approval policies, protect your transactions.
Read an interesting case study
How a UAE-Based Building and Construction Materials Trading Company Streamlined International Payments with Hubpay
Read this case study to know more
The Challenge
A leading UAE-based trading company specializing in building and construction materials has been a key player in the region’s booming construction and real estate market for over 20 years. Despite its success, the company faced significant challenges in managing international payments through multiple banks. Key issues included:
Delayed payments to suppliers in critical markets like China and Turkey, affecting project timelines and material availability.
High transaction costs and unfavorable exchange rates, which were eroding profit margins and impacting cash flow.
Recognizing the need for a more efficient payment solution, the company’s CFO decided to explore Hubpay's Corporate FX platform.
The Solution
After a comprehensive evaluation of Hubpay’s capabilities, the client conducted a test transaction of $1 million to a supplier in China. The transaction was completed within T+1 days, highlighting Hubpay’s swift and reliable service. The company also experienced:
Faster settlements for suppliers in Europe and Asia, ensuring timely delivery of essential materials for ongoing projects.
Cost savings through competitive exchange rates and reduced transaction fees, enhancing overall profitability.
The Results
In just four months, the company transitioned 80% of its monthly invoices to Hubpay’s platform, successfully managing payments to:
China
India
Turkey
Germany
Italy
Key Stats
$10 million processed through Hubpay in just four months
Settlements completed within T+1 to T+2 days
Significant improvements in efficiency, with reduced payment delays across critical supply chains
Looking Ahead
With the construction market in the UAE continuing to expand, the trading company has positioned itself for growth by leveraging Hubpay’s Corporate FX platform. By streamlining its payment processes, the company has improved cash flow and minimized delays, enabling it to meet the demands of a competitive industry.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
The Challenge
A leading UAE-based trading company specializing in building and construction materials has been a key player in the region’s booming construction and real estate market for over 20 years. Despite its success, the company faced significant challenges in managing international payments through multiple banks. Key issues included:
Delayed payments to suppliers in critical markets like China and Turkey, affecting project timelines and material availability.
High transaction costs and unfavorable exchange rates, which were eroding profit margins and impacting cash flow.
Recognizing the need for a more efficient payment solution, the company’s CFO decided to explore Hubpay's Corporate FX platform.
The Solution
After a comprehensive evaluation of Hubpay’s capabilities, the client conducted a test transaction of $1 million to a supplier in China. The transaction was completed within T+1 days, highlighting Hubpay’s swift and reliable service. The company also experienced:
Faster settlements for suppliers in Europe and Asia, ensuring timely delivery of essential materials for ongoing projects.
Cost savings through competitive exchange rates and reduced transaction fees, enhancing overall profitability.
The Results
In just four months, the company transitioned 80% of its monthly invoices to Hubpay’s platform, successfully managing payments to:
China
India
Turkey
Germany
Italy
Key Stats
$10 million processed through Hubpay in just four months
Settlements completed within T+1 to T+2 days
Significant improvements in efficiency, with reduced payment delays across critical supply chains
Looking Ahead
With the construction market in the UAE continuing to expand, the trading company has positioned itself for growth by leveraging Hubpay’s Corporate FX platform. By streamlining its payment processes, the company has improved cash flow and minimized delays, enabling it to meet the demands of a competitive industry.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
The Challenge
A leading UAE-based trading company specializing in building and construction materials has been a key player in the region’s booming construction and real estate market for over 20 years. Despite its success, the company faced significant challenges in managing international payments through multiple banks. Key issues included:
Delayed payments to suppliers in critical markets like China and Turkey, affecting project timelines and material availability.
High transaction costs and unfavorable exchange rates, which were eroding profit margins and impacting cash flow.
Recognizing the need for a more efficient payment solution, the company’s CFO decided to explore Hubpay's Corporate FX platform.
The Solution
After a comprehensive evaluation of Hubpay’s capabilities, the client conducted a test transaction of $1 million to a supplier in China. The transaction was completed within T+1 days, highlighting Hubpay’s swift and reliable service. The company also experienced:
Faster settlements for suppliers in Europe and Asia, ensuring timely delivery of essential materials for ongoing projects.
Cost savings through competitive exchange rates and reduced transaction fees, enhancing overall profitability.
The Results
In just four months, the company transitioned 80% of its monthly invoices to Hubpay’s platform, successfully managing payments to:
China
India
Turkey
Germany
Italy
Key Stats
$10 million processed through Hubpay in just four months
Settlements completed within T+1 to T+2 days
Significant improvements in efficiency, with reduced payment delays across critical supply chains
Looking Ahead
With the construction market in the UAE continuing to expand, the trading company has positioned itself for growth by leveraging Hubpay’s Corporate FX platform. By streamlining its payment processes, the company has improved cash flow and minimized delays, enabling it to meet the demands of a competitive industry.
Are you facing challenges with cross-border payments?
Contact us today to learn how we can help streamline your international transactions
Read full case study
Solutions made for construction and building material businesses
Solutions made for construction and building material businesses
Businesses that need to send money to Europe, Africa, and beyond often face frustrating issues like slow processing, high fees, and complex rules. Hubpay takes care of that, so you can focus on what matters most—growing your business.
Businesses that need to send money to Europe, Africa, and beyond often face frustrating issues like slow processing, high fees, and complex rules. Hubpay takes care of that, so you can focus on what matters most—growing your business.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Custom solutions
Enjoy flexible payment options that fit your specific needs.
Instant transfers
Send money instantly without the usual delays.
Complete transparency
Know exactly what you’re paying. No hidden fees or surprises.
Hubpay can help you save on forex charges with our FX solutions
Set up your multi currency account with us and overcome your largest trade obstacle - finances.
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Any questions? We've got answers
Any questions? We've got answers
Any questions? We've got answers
How does Hubpay help manage multi-currency transactions?
Hubpay provides access to live exchange rates that refresh automatically, allowing you to execute transactions at the most favorable rates. With support for over 150 currency pairs, you can efficiently manage your international purchases and optimize currency management.
How does Hubpay help manage multi-currency transactions?
Hubpay provides access to live exchange rates that refresh automatically, allowing you to execute transactions at the most favorable rates. With support for over 150 currency pairs, you can efficiently manage your international purchases and optimize currency management.
How does Hubpay help manage multi-currency transactions?
Hubpay provides access to live exchange rates that refresh automatically, allowing you to execute transactions at the most favorable rates. With support for over 150 currency pairs, you can efficiently manage your international purchases and optimize currency management.
What user roles can I assign within my Hubpay account?
Hubpay allows you to implement four distinct user roles: Viewer, Preparer, Executor, and Admin. This structure enables you to customize access levels according to your team's needs, enhancing security and operational efficiency.
What user roles can I assign within my Hubpay account?
Hubpay allows you to implement four distinct user roles: Viewer, Preparer, Executor, and Admin. This structure enables you to customize access levels according to your team's needs, enhancing security and operational efficiency.
What user roles can I assign within my Hubpay account?
Hubpay allows you to implement four distinct user roles: Viewer, Preparer, Executor, and Admin. This structure enables you to customize access levels according to your team's needs, enhancing security and operational efficiency.
How does Hubpay ensure the security of my financial transactions?
All customer funds are held in separate, ring-fenced accounts with world class financial institutions. Hubpay adheres to the Abu Dhabi Global Market's strict regulations and implements robust security measures, including two-factor authentication and stringent approval policies.
How does Hubpay ensure the security of my financial transactions?
All customer funds are held in separate, ring-fenced accounts with world class financial institutions. Hubpay adheres to the Abu Dhabi Global Market's strict regulations and implements robust security measures, including two-factor authentication and stringent approval policies.
How does Hubpay ensure the security of my financial transactions?
All customer funds are held in separate, ring-fenced accounts with world class financial institutions. Hubpay adheres to the Abu Dhabi Global Market's strict regulations and implements robust security measures, including two-factor authentication and stringent approval policies.
Can Hubpay support my business’s growth in the global market?
Yes! Hubpay’s multi-currency capabilities and tailored user roles empower your business to efficiently source materials globally while maintaining control over your financial operations, helping you succeed in a competitive landscape.
Can Hubpay support my business’s growth in the global market?
Yes! Hubpay’s multi-currency capabilities and tailored user roles empower your business to efficiently source materials globally while maintaining control over your financial operations, helping you succeed in a competitive landscape.
Can Hubpay support my business’s growth in the global market?
Yes! Hubpay’s multi-currency capabilities and tailored user roles empower your business to efficiently source materials globally while maintaining control over your financial operations, helping you succeed in a competitive landscape.
What steps does Hubpay take to prevent fraud and errors in transactions?
Hubpay enhances accountability by establishing a maker/checker process, which ensures oversight and accuracy in all transactions. This reduces the risk of errors or fraud, providing peace of mind for your financial operations.
What steps does Hubpay take to prevent fraud and errors in transactions?
Hubpay enhances accountability by establishing a maker/checker process, which ensures oversight and accuracy in all transactions. This reduces the risk of errors or fraud, providing peace of mind for your financial operations.
What steps does Hubpay take to prevent fraud and errors in transactions?
Hubpay enhances accountability by establishing a maker/checker process, which ensures oversight and accuracy in all transactions. This reduces the risk of errors or fraud, providing peace of mind for your financial operations.
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