Business banking for e-residents with fintechs: A deep dive with Intergiro & DECTA (Live Q&A)

E-Residency of Estonia recently hosted a live webinar and Q&A on how e-residents can benefit from business banking and payments with fintechs. Recorded live on 19 October 2022, we heard from special guest experts Intergiro and DECTA and answered questions on business banking and payment solutions. Watch and enjoy!

SPEAKERS
Adam Sadler, Chief Revenue Officer, Intergiro.
Intergiro offers smart business banking from Sweden. Offering multi-currency banking, virtual cards, plastic cards, SE and GB IBAN issuing, together with a full BaaS API.

Norberts Millers, Product Owner, DECTA Payment Gateway.
DECTA is a global processing company, a provider of integrated services for payment processing, online acquiring, and payment card issuing. DECTA provides the latest payment and security functions, alternative payment methods such as PayPal, Apple Pay, and many more, and a full stack of payment technologies at a single point of contact.

Raimo Matvere, Head of Partnerships, and Hannah Brown, Head of Content at e-Residency.

E-Residency is a digital ID issued by the Estonian Government to foreign entrepreneurs, enabling secure authentication and electronic signatures in Estonia’s advanced digital business environment. This allows e-residents to start, run and grow EU-based companies fully remotely and with minimal bureaucracy.

Chapters:
00:00 Welcome Speakers + Agenda
02:30 Short intro to e-Residency
03:54 Starting a company in Estonia
08:09 Business banking options for e-residents
11:15 Banking with fintechs: balancing convenience and risk
20:20 Business banking with Intergiro
29:16 DECTA Payment Gateway
39:00 Live Q&A Starts
39:25 Are my funds in Intergiro insured?
40:18 Why can’t Estonian banks open accounts online?
41:17 What are the options for an eCommerce business?
43:52 Any integration with Shopify?
44:35 Any integration to Chinese payment systems WeChat and Alipay?
45:10 Do I need to start a company first before getting accounts?
45:58 How to get personal bank accounts?
46:18 Swedish-based e-resident looking for a business bank account
47:12 What is Intergiro’s IBAN and does it have a correspondent bank?
47:37 Does DECTA have a WordPress plug-in integration?
48:22 How to handle wire transfer payments?
49:22 How does DECTA compare to Stripe?
49:45 Any restrictions geographically for making payments with DECTA?
50:23 Where to find information about Airwallex?
51:02 Options for not-for-profit NGOs?
51:57 Does Intergiro support Swiss domestic payment methods?
53:32 Options for e-residents from countries outside the EU/EEA?
55:23 How does DECTA compare with Paypal or Swipe?
57:25 Closing remarks + Resources

RESOURCES

[iqbal]

Is it possible to make a bank account or a virtual bank account through this E residency card.