Transpay is a global payments service that provides businesses of all sizes with a scalable, secure, and fully compliant cross-border mass payout solution, making it easy to send funds directly to the local bank accounts of vendors, business partners, freelancers or others in over 200 countries.
For over 30 years, we’ve built a global payout partner network consisting of direct relationships with hundreds of banks and financial institutions, enabling us to securely, quickly and efficiently make local bank transfers to billions of consumer and business bank accounts.
Transpay is a service from Transfast, a leading global payments company with more than 30 years of operating history, processing over 8 billion USD in annual payment volumes, with over 700 employees headquartered in New York City and with offices in Mexico, India, UAE and the Philippines, among other locations. For more information, visit www.transfast.com/about.
We are pleased to announce that Mastercard is acquiring Transfast, owner and operator of Transpay.