Overview of payments at Lano

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Overview of Lano payment solutions

THE BASICS
PAYMENTS
Overview of Lano payment solutionsHow does the relationship between Currencycloud and Lano work?Payment Complaints Handling Process Safeguarding funds on Lano WalletSWIFT payments and their charge typesPaying invoices via Lano

Overview

Use your bank account to pay your Contractors in over 170+ countries using 28 different currencies. Lano makes it simple to make payments and keep track of all your expenses. 

Lano wallet

Create a multi-currency wallet to make one-click bulk payments in over 50 currencies.

How it works:

Step 1:

Complete the KYB verification process to create a digital wallet that you can manage directly on the platform.

Step 2:

Top up your digital wallet in the currencies of your choice.

Step 3:

Pay your partners in their local currencies either through local payments or SWIFT payments.

Please note: If payments in local currencies are not supported or the destination country is not covered by Lano, the transaction will be automatically processed via SWIFT.

Bank account

Connect your bank account to Lano to conveniently process payments and keep track of all your expenses.

How it works:

Step 1:

Enter your contact and bank details, followed by a brief verification to connect your bank account to Lano.

Step 2:

Authorise an invoice for payment in Lano via TAN confirmation.

Step 3:

Your bank sends the payment to your contractor.

Please contact our Customer Success team in case of any questions at: customersuccess@lano.io

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