Mass Payments Hub

Finding the right vendors for your business can be a daunting task. Learn how to pick out the best vendor fit with this comprehensive article on strategic vendo…

Local bank transfers are a secure way for businesses to handle international payments, but are they better than SWIFT or wire transfers? Read on.

Mass payouts are a game-changer for businesses looking to pay out large numbers of freelancers or contractors on a global scale. Learn how mass payouts work in …

Global payouts are the key to fast and secure international payments. Learn about global payment options and which payment method is best for your business.

Cross-border payments are transactions sent from one country and received in a different country. Transfer fees, bank fees, local currency, foreign currency con…

As eSports grow in popularity, more eSports payment methods are available. Learn how gamers and gaming companies can send and receive eSports earnings.

Are international ACH transactions (IATs) the best global payment method? Learn how global ACH works and how it differs from international ACH transfers.

Need to pay international contractors? This how-to guide provides the best methods and resources to make overseas payments quickly, safely and securely.

PayPal offers a mass pay solution called Payouts. Learn how to enable and use Payouts, and which scenarios are best for using Payouts.

An international wire transfer is a service offered by almost every bank. It’s a transaction that allows you to send a certain amount of money from your bank …

an IBAN (International Bank Account Number) is a critical piece of information. It serves at least three vital functions when an individual makes or receives a…

SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a global member-owned cooperative that functions as a huge messaging system.

In the simplest possible terms, a payment rail is any form of digital infrastructure that transfers money from one individual or business to another. The fintec…

The correspondent bank receives instructions to process a transaction such as a funds transfer, settlement, currency exchange, etc., along with the requisite fu…

Open banking is a driving force for digital transformation, using shared electronic financial data.
It provides lucrative business model opportunities for third…

Intermediary banks send money to complete a request done in a single currency, usually domestic. Whereas, correspondent banks support multiple foreign currency …

A SWIFT code is a standard format used when making international transfers between banks and financial institutions. It identifies the branch, bank, and country…

Before making a global payment, inquire about the fees. You may find it’s best to send a payment that takes longer to process if you have budgetary limits. Al…

Is real-time processing or batch payment processing better for your business? There are two main areas that should guide your decision. The first is whether or …

SEPA payments are cashless payments in euro currency that are processed via the Single Euro Payments Area network to facilitate cross-border bank transfers in 3…

You want to integrate as seamlessly as possible with existing accounting and ERP systems. However there are many key steps along the supplier payment process th…

The Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions based on U.S. foreign policy. The goal is to enforce national security a…