Pay out solutions that suit your industry and customers

How can global businesses tackle the challenges of expanding into Latin America and paying local contractors and gig workers in their own currencies?

Every company has a tailored financial strategy. Growth-focused organizations often need creative payment methods to achieve their ambitions.

Increasingly, companies are turning to pay outs as a trusted payment system. Pay out solutions provide options that foster long-term development and success.

A pay out service makes it easy to scale and manage mass payments, enabling fast transfers to payees, suppliers, gig workers, and sales teams. Discover why pay outs could be the right fit for your business.

A pay out is a payment solution that allows companies to send funds to local service providers, suppliers, gig workers, and partners in Latin America in their native currencies, from anywhere in the world.

Pay out solutions are particularly beneficial for businesses such as marketplaces, delivery platforms, and OTAs, helping them to scale effectively.

Similar terminology can be misleading, as in the case of 'pay out' and 'payee.'

A pay out describes the process or system for making payments to local providers. In contrast, the payee is the recipient of these payments. For each pay out, there is a corresponding payee.

A payee is any party receiving payment in exchange for goods or services, such as sellers, freelancers, and gig workers.

— Marketplaces,

— Delivery services,

— Freelance or gig platforms,

— Content creator platforms,

— OTAs (Online Travel Agencies).

— Variety of pay out methods: Payees can receive funds through bank accounts or digital wallets,

— Localized support: Customer assistance is available in local languages at every stage,

— Speedy processing: Payments are typically sent and received within 3 business days,

— Payee onboarding: A user-friendly platform simplifies collecting information and verifying the identity of payees.