During the interview, Kathy Ireland interviewed CEO of World First, Michael Ward.
Michael commented on some of the challenges that individuals and companies face concerning international money exchange by stating, “We look at it as two potential issues they have to deal with. One is the exposure itself. Usually it is a future plan, anything from buying a product 60 days out or selling a service and collecting the funds. Within that time, there is volatility in the market. The other thing is the fees that they get charged. People don’t understand the expense of making those international payments. When they do it, they start to realize how expensive it can be. That is when they start to look for alternatives like us.”
“For us, credibility and security is very important when you are dealing with someone else’s money,” he continued. “It is key for us to build up the security of their funds and making those payments happen for the current client base. That is the biggest thing we can do to create the trust and credibility.”
Learn more about the company on the upcoming segment of Worldwide Business with kathy ireland.
The Vice President of Programming, JL Haber was quoted stating, “International money transfers and payments are always a bit scary when you do not know all there is to know. That is why companies like World First are so necessary.”
Tune in to see World First on Fox Business Network as sponsored programming on November 14, 2015 at 4:00pm ET and on November 29, 2015 on Bloomberg International as sponsored programming at 3:00pm HKT.
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MMP (USA), Inc.
561-988-9455 ext. 269
Distributed by MMP (USA), Inc. Worldwide Business with kathy ireland®
Company Name: MMP (USA), Inc.
Contact Person: Gila Stern I Communications Director
Phone: 561-988-9455 x269
Address:999 Yamato Rd. Suite 103
City: Boca Raton
Country: United States