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To Fee or Not to Fee: Uncovering the Cost of Mass Payout Providers

By Christina Wu | November 29, 2016

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Transpay Blog

In this global economy, many businesses have a network of contractors and freelancers dispersed around the world, and these workers need to be paid quickly, affordably and conveniently. Global payout providers offer cost-effective solutions for managing large numbers of cross-border payments, in multiple currencies to locations around the world. The trouble is that moving money across borders can be complicated—and costly. There are transaction fees to consider, as well as additional hidden foreign-exchange fees and more, depending on the payout method. Here are three questions you can ask to help uncover the costs behind mass payout providers.

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Topics: Blog, Cross - border payments, global payments, transpay fees, global payment fees

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