Transpay manages cross-border payments for businesses that move funds internationally, offering direct payout integrations across 140+ countries, including hard-to-reach markets.
Our carefully curated payments network consists of hundreds of direct integrations with banks, financial institutions, retailers and other payout partners worldwide.
Information in drop-down lists valid as of May 2020. Map for illustrative purposes only.
Transpay specializes in sending funds directly to your recipient's local bank account, in their local currency, reaching over 90% of bank accounts worldwide.
Our bank deposits are typically delivered within 24 hours or less in most major markets, with over 60% of payments received in the recipient’s bank account within one hour and over 95% within 24 hours.
Our network is versatile. Aside from our expertise in sending bank deposits, we also give you the option to have funds delivered to a mobile wallet or made available for cash pickup.
Some payout providers claim to reach hundreds of countries, but very few can match Transpay's coverage in challenging markets with volatile currencies and complex banking and regulatory environments.
Transpay's direct integrations with leading payout partners worldwide mean you can expand your business globally and pay out your cross-border recipients as if you were operating locally.
Unlike other providers who outsource their payout operations, Transpay has direct technical integrations with our payout partners worldwide. This enables you to bypass the middleman and get the most advantageous pricing, FX, risk management and service levels.
Our in-country network development managers are local payout specialists who work face-to-face with select banks and other partners. They develop payout capabilities suited for the local environment and take into consideration the financial infrastructure, recipient preferences, local regulations, licensing requirements, and more.
Funds are typically delivered within 24 hours, even in hard-to-reach markets.
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Transpay is a service provided by Trans-Fast Remittance LLC (“Transfast”), which is a Mastercard company, or by Transfast’s subsidiaries. Transfast (NMLS ID 900705) is licensed as a money transmitter by the New York State Department of Financial Services. See here for details. The precise scope, cost, and performance of the services offered by Transfast are subject to availability and may depend on various factors and restrictions.
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