International Payments

Xennsoft has partnered with companies to offer international payment systems to make commission payments to distributors in foreign countries. The system is built using local pre-funded US dollar accounts in foreign countries. When a payment is posted into the system, the foreign account is credited, currency is exchanged from US dollars to local currency and then transferred to personal accounts, all within about a day. The cost for transferring the money is minimal and is all handled in the WorldVu and Team Office applications so that all money paid and collected is accounted for in the system.

With the high cost of currency conversion and the difficulty of transferring funds from the purchase of products to commission payouts, Xennsoft has set up a self funded account inside of WorldVu/Team Office. Distributors are able to hold specified funds back into the system which are tracked and reported to the distributor. It allows the distributor to reduce the cost of money transfer/currency conversion and helps assure the distributor stays on-board. The money can be transferred by the distributor to their pay card, paid out in a check, or paid out via international payment methods.