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 Hubpay helped a UAE based building materials trading company solve some key issues regarding payments

Read this case study to know more about how we helped a UAE based business to help solve their payment issues.

Client Background

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.

Challenge

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 Outcome

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

Discover how Hubpay can transform your business payments.

Request a demo of Hubpay’s corporate FX platform today and find out how we can help your business reduce FX costs

Read full case study

Client Background

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.

Challenge

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 Outcome

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

Discover how Hubpay can transform your business payments.

Request a demo of Hubpay’s corporate FX platform today and find out how we can help your business reduce FX costs

Read full case study

Client Background

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.

Challenge

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 Outcome

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

Discover how Hubpay can transform your business payments.

Request a demo of Hubpay’s corporate FX platform today and find out how we can help your business reduce FX costs

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.

01

Custom solutions

Enjoy flexible payment options that fit your specific needs.

02

Instant transfers

Send money instantly without the usual delays.

03

Complete transparency

Know exactly what you’re paying. No hidden fees or surprises.

01

Custom solutions

Enjoy flexible payment options that fit your specific needs.

02

Instant transfers

Send money instantly without the usual delays.

03

Complete transparency

Know exactly what you’re paying. No hidden fees or surprises.

01

Custom solutions

Enjoy flexible payment options that fit your specific needs.

02

Instant transfers

Send money instantly without the usual delays.

03

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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Hubpay supports many more businesses.

  • Foodstuff

    Seamless payments for Foodstuff

  • Agro Commodity

    Multi currency account for Agro Commodity traders

  • Construction & Building Materials

    Seamless payments for Construction businesses

  • Medical & Healthcare

    Payment collections for Medical & Healthcare

Construction & Building Materials

Seamless payments for Construction businesses

Construction & Building Materials

Seamless payments for Construction businesses

Medical & Healthcare

Payment collections for Medical & Healthcare

Medical & Healthcare

Payment collections for Medical & Healthcare

Agro Commodity

Multi currency account for Agro Commodity traders

Agro Commodity

Multi currency account for Agro Commodity traders

Foodstuff

Seamless payments for Foodstuff

Foodstuff

Seamless payments for Foodstuff

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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