Tipalti Money Services Business (MSB)

Money Transmitter Licenses (MTL) Platform Benefits

Not only do we work with blue-chip banks like Wells Fargo and JP Morgan and help you stay compliant with tax and regulatory laws, Tipalti is a licensed money transmitter and registered with the United States Treasury as a money service business.

We have spent many years and invested significantly to acquire and maintain our US money transmitter licenses in every state that requires it to ensure there aren’t any disruptions to your payout operations, to provide you with the best customer experience possible, and eliminate the risk of fines and penalties for improper payouts.

As a licensed money transmitter, Tipalti controls the compliance review process, meaning we can approve you in days once you provide the appropriate documentation, so you can get up and running within weeks.

Payout providers without MTLs are at the mercy of the bank’s timeline for the due diligence process, which can take upwards of months.

Tipalti is also under the supervision of regulators and directly required to follow the laws designed to protect you.

Requirements include having a full-time Chief Compliance Officer (CCO) who ensures compliance with regulations, undergoing annual audits, maintaining financial reserves, and other controls to ensure we meet state-mandated financial safety requirements.

Payout providers who don’t have money transmitter licenses are not directly supervised or audited by regulators.

Another benefit of working with a provider who has money transmitter licenses is speed of implementation. Our money transmitter licenses guarantee regulatory oversight, giving you confidence we are a partner you can trust.

Contact Tipalti for details around money transmitter licenses in your state.

Innovation and efficiency
come built-in

Tipalti offers the most comprehensive payables technology to help your
business streamline, simplify, and evolve.


Invoice Management

Ditch the busy work with automated invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimises delays.


PO Management

Manage spend all in one place. Streamline purchase requests, PO’s, approvals, and vendors with budget visibility to make informed decisions.


Global Payments

Send payments in 120 currencies in 196 countries through six unique payment methods.


Currency Management

Save time and money on FX conversion payouts with highly competitive exchange rates.


Payment Reconciliation

Speed up financial close by 25%+ by synching and reconciling multi-entity payables data with ERP and Accounting systems.


Self-Billing Module

Simplify self-billing processes with automated invoice creation and submission while ensuring global regulatory compliance.


ERP Integration

Best-in-class integration with your existing ERP and accounting systems and sync invoices, suppliers, payments and purchase orders.


Payments API

Integrate any system through our highly secure API that offers full-featured interfaces.


Artificial Intelligence/Tipalti AI

Take advantage of proactive, smarter processes for the entire payables operation as well as greater efficiency and risk mitigation.


Supplier Management

Effortlessly onboard vendors with a multilingual, self-service portal that’s brandable. Plus, give suppliers a real-time view of payment and invoice status.


PO Matching

Eliminate overspending and strengthen financial controls with automated 2-way and 3-way matching and enjoy a frictionless approval cycle.



Manage unique payables workflows and centralise AP for subsidiaries and entities within a single instance.


Tax Compliance

Take the headaches out of collecting and validating VAT tax information.


Financial Controls

Enterprise-grade financial controls: Fraud, tax, regulatory, audit, spend and cash flow.


Fraud Detection

Tipalti Detect lets you proactively identify payee fraud risk and maintain a full audit trail.


Secure Cloud

Rest assured that data is collected, stored, and transmitted securely in the cloud. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and, SOC 2 Type I certified, and GDPR Compliant.


Simplify Performance-to-Pay

Easily sync data from marketplace platforms and tie performance analytics to pay partners.

Let’s get more productive

Talk to an expert and learn how you can take control of your payables.