What is an ACH payment?

An ACH payment (Automated Clearing House payment) is an electronic transfer of funds processed through the ACH network in the United States. The ACH network enables the direct transfer of money between bank accounts and financial institutions without needing paper checks, wire transfers, or credit cards. There are two types of ACH payments: ACH credit is where the payer initiates the transaction, sending money to the recipient's bank account (such as direct deposit, government benefits, or refunds). ACH debit is where the recipient initiates the transaction by pulling funds from the payer's account (e.g., recurring bill payments such as utilities, loans, or subscriptions).

What is the best payment method for global payments?

The best payment method for global payments will vary depending on factors like: Speed Transaction size Cost Currency conversion Regulatory requirements Some of the most common and effective global payment methods include: Wire Transfers This works best for large, high-volume payments and offers a simplified customer experience. Platforms like PayPal This method works best for small to medium-sized businesses and freelancers. Global Payment Solutions like Tipalti Fintech companies like Tipalti work great for any business that needs to pay global suppliers, creators, and contractors. Alternative Payment Methods Global ACH Credit card (like Visa or Mastercard)

How do you transfer money from a local bank to an international bank?

Transferring money from a local bank to an international bank can be done in several ways. Still, the most common and reliable methods include: Wire Transfers This is the most traditional and widely used method for international bank transfers. Step #1: Gather Recipient's Data You'll need: Recipient's name Recipient's bank account number (or IBAN in certain countries) SWIFT/BIC code Bank name and address Step #2: Visit Your Bank Most banks offer international wire transfer services via their in-store branch or online banking portal. Step #3: Start the Transfer Fill out the bank form or online transfer request with the recipient's data, the amount, and the currency. Depending on the country, you may also need to specify the reason for the transfer. Step #4: Pay the Fees International wire transfers usually incur a fee, typically $15–$50, plus exchange rate fees. Step #5: Wait for Payment Processing Wire transfers take 1–5 business days to process, depending on the banks and countries involved. International Payment Platforms These payment services often provide a cheaper, faster alternative to traditional bank transfers. Step #1: Sign Up for a Payment Provider like Tipalti Platforms like Tipalti or PayPal are designed for international payments and typically offer better exchange rates. Step #2: Link Your Bank Account You must link your local bank account or credit/debit card to fund the transfer. Step #3: Enter the Recipient's Bank Data Provide the recipient's bank information (such as IBAN or SWIFT code). Step #4: Choose the Currency Before confirming the transaction, most platforms will show you the exact exchange rate and fees. Step #5: Complete the Transfer Depending on the payment technology, the recipient may receive the real-time payment within minutes or up to a few days.

How does Tipalti help prevent AP fraud?

A money transmitter license (MTL) is a legal requirement for organizations that transmit money domestically or in global markets. In the United States, the license is issued at the state level, with requirements varying by state. It ensures that companies handling the transfer of funds comply with anti-money laundering (AML) regulations, consumer protection, and fraud prevention. Who Needs a Money Transmitter License? Any company that transfers money on behalf of others Payment gateways and POS systems Online payment platforms Remittance services Currency exchange services Prepaid card providers Money transmission is a highly regulated activity under both federal and state laws. Tipalti is regulated as a Money Services Business (MSB) and has its US MTLs in every state that requires it. Tipalti is also licensed as an Electronic Money Institution in the UK and EU. They have spent many years and made significant investments to acquire and maintain our money licenses.

What makes Tipalti a trustworthy partner for money transmission services?

Tipalti is a trustworthy partner for money transmission services due to several key factors: Regulatory Compliance Tipalti is fully licensed as an MSB in the U.S. and an Electronic Money Institution in the UK and EU. This ensures compliance with stringent financial regulations across multiple regions and jurisdictions. The brand adheres to anti-money laundering (AML), Know Your Customer (KYC), and sanctions compliance standards, safeguarding against fraud. Fraud Detection and Risk Management Tipalti offers advanced fraud detection tools, including “Do Not Pay” blacklist screenings and checks against major national and international blacklists (OFAC, EU, HMC). These features help identify and block fraudulent actors, ensuring more secure transactions. Global Payment Capabilities Tipalti supports payments in 120+ currencies across 200+ countries, providing cross-border flexibility. This makes it ideal for companies with a global supplier or contractor base. Transparency and Security Tipalti offers real-time transaction monitoring and comprehensive audit trails, providing transparency at every step of the payment process. The platform uses multi-factor authentication (MFA) and encryption technologies to ensure data security.

Which payment methods can I use with Tipalti’s global payment solution?

Tipalti supports over 50+ global payment methods include: Wire transfers ACH Global ACH Paper checks PayPal Each payment method has its benefits and drawbacks, and companies should choose a checkout experience that meets their needs for cost and efficiency while prioritizing the satisfaction of the recipient. The most optimal payment method often depends on a payee’s location, regulations, and expectations.

Home / AP Automation / Global Payments

Built-in Global Payment for Complete Automation

Effortlessly pay your suppliers around the world with enterprise-grade controls.

Global Payments Features

Seamless Cross-Border Payments

Say goodbye to data entry across multiple bank portals and payment gateways, costly overhead, and extra fees. Schedule international payments in multiple countries and currencies using different payment methods, all in a single platform. Tipalti automatically remits to suppliers using all supported payment methods with no interaction required by your staff.

Trigger payments from invoices, payment file upload, or the Tipalti API
All payment status and data from each payment method are reconciled, normalized, and can be sent to your ERP in real time
Eliminate the need to hire to meet payables needs as you grow

One Solution for Global Multi-Currency Payments

Whether you’re paying suppliers, vendors, contractors, freelancers, publishers, affiliates, or creators, a self-service portal lets them choose their payment method and enter local bank details.

Send cross-border payments to 200+ countries and territories in 120 local currencies
Offer 50+ payment methods, including ACH, local bank transfers, global ACH, card, wire transfer, PayPal, and more
Check supplier data in real time using global banking rules to prevent errors and fraud
Eliminate phone calls, emails, and faxes from your finance team
Ensure flexible, secure payments backed by money transmitter licenses and financial compliance

Advanced Configurations

Want to eliminate paper checks? Sick of costly wire transfers? Want to avoid uneconomical small payments?

Use virtual cards to pay suppliers who accept card payments for eligible invoices and earn cashback
Use transaction fees to incentivize suppliers to choose the most cost-effective payment methods
Use payment thresholds to hold payments until a specified minimum amount is reached, improving cost margins on cross-border transactions and exchange rates

Payment Transparency Throughout

Looking to reduce calls to your payables department? Proactive payment status communications keep suppliers informed during payment processing, including when and why they fail. Suppliers can also view their complete payment histories and transaction data in an online portal, freeing their team from hours spent on issue resolution.

Suppliers are alerted when more information is needed to process international payments, update tax forms, and more
All payment communications and Supplier Hub access can be white-labeled so your brand stays front and center, helping you improve payment services and build trust with suppliers

Best-in-Class Financial Controls

Strong internal controls are key to protecting funds and scaling international operations. Enforce delegation of authority, segregation of duties, and system access.

Unlimited approvers, tailored workflows, and access by role
Audit trail logs capture user activity in the system, making sure you always have a clear audit trail

Integrations

Pre-built connections to extend automated workflows

Easily extend and simplify your workflows with pre-built integrations and powerful APIs for your ERPs, accounting systems, performance marketing platforms, HRIS, SSO, Slack, credit cards, and more.

See All Integrations

Testimonials

Don’t just take our word for it,

see what our customers are saying

Since signing on with Tipalti, we have tripled our production. Tipalti listened to our feedback and made improvements, and now we honestly love the platform.

Molly Schwab

Accounting Specialist, Endera

Despite our growth, the fact that one person can continue to manage AP is testament to Tipalti’s capabilities to streamline operations. It frees up time to focus on other things, and as Tipalti’s AI is developing, it’s only gonna get better.

Oliver Shaw

SVP, Prodege

Before Tipalti, I often stepped in to help the accounting team at the transaction level because the volumes were too big. Now, I don’t need to—Tipalti can handle the volume from now on.

Julia Yeo

Director, Accounting Operations, Matterport

Customer Stories

Explore our customer success stories

Matterport

Matterport sped up monthly close by 40% and avoided hiring an additional full-time employee for accounts payable.

Product

AP Automation

Mass Payments

Region

United States, Global

Industry

Software and technology

Size

100 – 1000

Create Music Group

Manual international payouts and multi-entity accounts payable processes were time-consuming and complex, delaying artist payments

Product

AP Automation

Mass Payments

Region

United States, Global

Industry

Music royalties

Size

100 – 1000

Centerfield

Centerfield Media cut 20 weeks of AP work yearly and saved 12 days on monthly close using Tipalti Accounts Payable.

Product

Region

Industry

Size

Cybereason

Cybereason customized purchase requisitions to fit its structure and built a seamless integration with its ERP, NetSuite.

Product

AP Automation

Procurement

Region

United States, Global

Industry

Software and technology

Size

1000+

JLab

With Tipalti, JLab’s AP team boosted productivity by 68% and managed 35% more invoices without adding headcount.

Product

Region

Industry

Size

Next Insurance

NEXT Insurance automated 1,000+ monthly invoices and saved 2+ hours per week with a streamlined approval workflow.

Product

Region

Industry

Size

Elite Staffing

With Tipalti, Elite Staffing transitioned to paperless operations, increased payment visibility, and streamlined processes with reduced error rates.

Product

AP Automation

Region

United States, Global

Industry

Business services

Size

1000+

Endera

With Tipalti, Endera streamlined invoices, automated vendor onboarding, and improved international payments by eliminating manual wire transfers.

Product

AP Automation

Region

United States

Industry

Software and technology

Size

Sub 100

Prodege

By leveraging Tipalti’s Mass Payments and AP solutions, Prodege achieved significant improvements in scalability and operational efficiency.

Product

Region

Industry

Size

How It Works

Up and running in weeks, not months

Collaborative customer support with customized onboarding to get you operational quickly

Step 1

Plan

Kickstart your success with a comprehensive setup call that reviews your manual AP workflow, outlines the onboarding plan, validates technical configurations, and prepares for training.

Step 2

Configure

Tipalti’s implementation experts set up your hosted portal, create sample payment files, configure payment options and email integrations, and establish ERP integrations using our pre-built solutions.

Step 3

Deploy

In-depth training for AP staff on the Tipalti Hub and the end-to-end AP automation functionalities, ensuring thorough knowledge transfer to turbocharge your successful launch.

Step 4

Adopt

Support user adoption and change management during launch while guiding suppliers through onboarding. Once set, you’ll be ready to execute your first payment run and officially launch Tipalti.

Step 5

Optimize

Continued technical support by phone and email. Tipalti customer success team learns your goals and offers solutions to reach them.

Platform Features

Work smarter, not harder

With AI and machine learning capabilities, an intuitive UX, and quick and easy global payments, you can drive unprecedented efficiency.

AI

Smarter processes. Instant insights. More productivity. Less manual work. Tipalti AI actually gets things done.

Global

Manage all entities’ payables operations from a single system. Enable each entity to operate with its own unique workflows and branding.

Payment Fraud Protection

Proactively prevent fraud by identifying unusual patterns. Block suspicious payees from receiving payments, prevent them from creating new accounts, and get notified of abnormal activities.

Controls and Compliance

Stay up-to-date and protected automatically, with multi-jurisdictional tax compliance, built-in payment protections, and enterprise-grade controls and security.