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 Multi-currency needs Regulatory requirements Some of the most common and effective global payment types include: Wire Transfers Wire transfers are a financial vertical that works best for large, high-volume payments. It’s focus is on simplified pricing and creating a good customer experience. Global ACH/Local Bank Transfer These are cross-border payment methods that vary by country. For Europe, it’s the Single Euro Payments Area (SEPA); in the UK, it’s the Bankers' Automated Clearing System (BACS); and in Canada, it’s an electronic file transfer (EFT). Digital Wallets Like PayPal This method will optimise the small to medium-sized business and freelancer ecosystem. It can also be used in an omnichannel strategy and combined with other payments partners or merchant services. Global Payment Solutions Like Tipalti Tipalti is a cloud-based software solution that can handle all of these payment methods in a single platform (just as if you were at a point of sale in person). It’s a unique payment experience like nothing else! Alternative Payment Methods Global ACH Credit card (like Visa or Mastercard) Digital wallets Card payments

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 payments technology, the recipient may receive the real-time payment within minutes or up to a few days.

How does Tipalti help prevent AP fraud?

Tipalti is a fintech company that conducts "Do Not Pay" blacklist screenings prior to processing payments, utilising integrated fraud detection to prevent fraudsters from concealing their identities. It screens payees against national blacklists such as OFAC, the EU, and HMC to block suspicious individuals.

What makes Tipalti a reliable and secure platform?

Tipalti is a trustworthy partner for money transmission services due to several key factors: Regulatory Compliance Tipalti 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 is a payment processor that 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 In addition to global payment processing, 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’s global payment methods include: Wire transfers ACH Local bank transfer/ Global ACH Paper cheques 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 prioritising the satisfaction of the recipient. The most optimal payment method often depends on a payee’s Location, regulations, and expectations.

Fast, Secure Global Payments Anywhere

Send thousands of payments around the world in a matter of clicks.

Global Payments Features

No Borders, No Barriers

With unmatched flexibility, security, and transparency, Tipalti streamlines payment processes, reduces manual effort, and helps you efficiently manage global transactions as you grow.

Global Payment Execution Made Easy

Say goodbye to data entry across multiple bank portals, costly overhead, and extra fees. Schedule payments in multiple countries and currencies using different methods—all in a single application. Tipalti automatically remits to payees using all 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 ERP
Eliminate the need to hire to meet payables needs as you grow

Global Coverage, International Payment Methods

Whether you’re paying suppliers, contractors, freelancers, publishers, affiliates, or creators, Tipalti can handle it. A self-service portal guides payees through choosing their preferred payment method and collects banking details.

Our global payments system executes payments to 200+ countries in 120 local currencies
Six international payment methods—ACH, global ACH (local bank transfer), wire transfer, PayPal, and paper cheque
Automatically validates supplier data in real time using 26,000 global banking rules to eliminate payment errors.
No phone calls, emails, or faxes by your finance staff
Flexible and secure global payments backed by our money transmitter licences

Advanced Payment Configuration Options

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

Use transaction fees to incentivise payees 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 transactions

Payment Transparency Throughout

Looking to reduce calls to your payables department? Proactive payment status communications keep payees informed when payments are processed, and when (and why) they fail. Payees can also view their complete payment history in an online portal, freeing your team from hours spent on issue resolution.

Payees are alerted if additional information is required to process payment, if tax forms need to be updated, and more
All payment communications and self-service portal access are white-labelled so that your brand stays front and centre, helping you to build trust with your payees

Enterprise-Grade Financial Controls

Protect the funds that are leaving your organisation. Instituting strong internal controls is critical to scale payment operations. Enforce delegation of authority, segregation of duties, and system access.

Unlimited payment approvers, configurable workflows, and role-based access
Audit trail logs capture user activity in the system, assuring you always have a record for auditability

Integrations

Pre-Built ERP 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

Customer Stories

Don’t just take our word for it,

see what our customers are saying

European Family Office

European Family Office automated 180+ monthly invoices, saving 50% of an FTE’s time and freeing the team to focus on strategic work.

Product

Region

Industry

Size

Lenus

Lenus cut payment processing time by 35%, scaled global payments across 11 countries, and supported 550+ vendors worldwide.

Product

Region

Industry

Size

Dragoman

Tipalti transformed Dragoman’s payment operations by automating processes and integrating with the company’s accounting software.

Product

Region

Industry

Size

Vivino

Vivino implemented Tipalti Accounts Payable to automate invoice management and other accounts payable processes, including vendor onboarding and multi

Product

AP Automation

Region

Europe, Germany, Global

Industry

Marketplaces

Size

100 – 1000

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+

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+

Klaris IP

KlarisIP cut costs by 30% and slashed contributor onboarding time from 100 days to just two weeks.

Product

AP Automation

Region

United States, Global

Industry

Business services

Size

Sub 100

ImaginAB

ImaginAb saved 1,750 AP hours yearly, avoided new hires, and sped up monthly financial close with automation.

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

How It Works

Up and Running in Weeks, Not Months

Collaborative customer support with customised 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

Customer onboarding experts configure Tipalti sandbox and production environments, test the hosted payee portal or embedded iFrame, execute sample payment runs, and establish integrations.

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

Tipalti supports user adoption and change management during launch with the option to guide payees through onboarding too. Once set, you’ll be ready to fund your Tipalti Virtual Account, execute your first batch of payments, and officially launch Tipalti.

Step 5

Optimise

Following your setup, technical support teams are always available by phone and email, and the Tipalti customer success team will continuously advise you on achieving your goals.

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.

Tipalti Detect®

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.