PhotonPay Enhances Payouts Solution for Businesses

Global payouts are essential for organizations with a remote workforce engaged in international trade and collaborating with suppliers worldwide. PhotonPay, a leading digital financial infrastructure provider, introduces the evolution of its Payouts solution, tailored to meet the increasing demands of businesses in B2B, e-commerce, logistics, advertising, and AI. With 180+ countries and 60+ currencies supported, PhotonPay empowers enterprises to scale globally while minimizing operational complexities.

 

 

 

PhotonPay’s Payouts solution integrates both global and localized payment networks, enabling businesses to pay in local currencies and reduce exchange rate risks and transaction fees.

 

Advanced Payout Options to Support Business Growth

PhotonPay offers flexible Payouts solutions tailored to diverse needs:

 

Mass Payouts:

PhotonPay’s Mass Payouts solution enables enterprises to execute large-scale payments to 180+ countries and territories in 60+ currencies. Through efficient one-click payment execution, enterprises can process instant batch payouts to suppliers, employees, or contractors, significantly reducing administrative overhead. Enterprises can also tailor payee experiences, offering flexible payout options that best suit their needs.

 

Account-to-Account Payouts:

PhotonPay’s Account-to-Account Payouts solution accelerates payment speed from days to seconds, eliminates costly FX fees and supports like-for-like settlement to reduce transaction costs. This streamlined payment process is ideal for businesses managing global payroll or vendor payments. It connects seamlessly with other PhotonPay users, enabling efficient money transfers at lower costs and promoting smooth collaboration within the ecosystem.

 

PhotonPay Card:

Supporting payments in over 60 currencies across 180+ countries and regions, PhotonPay Card is accepted wherever Mastercard and Discover® Global Network operate. Enterprises can create, freeze, or cancel cards as needed, with the ability to set spending limits, track merchant categories, and manage transaction parameters. Additionally, enterprises can monitor and track expenditures in real-time, download transaction records for custom periods, and generate detailed expense control reports to meet reconciliation needs with ease.

 

Security and Compliance

Since PhotonPay was founded, it has prioritized the security of customer funds. PhotonPay integrates AI-powered AML and Risk engine that enhances the speed and efficiency of its KYC and onboarding processes. Certified to the highest Payment Card Industry Data Security Standards (PCI DSS), PhotonPay ensures strict compliance with global regulations and industry standards, offering comprehensive protection for every transaction.

 

By offering flexible and efficient payment capabilities, PhotonPay ensures faster capital flow and operational efficiency for businesses of all sizes. With security, compliance, and efficiency at the core of its Payouts solution, PhotonPay is committed to helping businesses across industries navigate the complexities of cross-border payments and drive sustained growth in a globalized economy.

 

About PhotonPay

Founded in 2015, PhotonPay is a digital financial infrastructure provider offering global payment solutions to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and the fintech card issuer in the Greater China region of Discover® Global Network.

With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale.

Headquartered in Hong Kong and providing localized services through nine international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 customers globally.

https://www.photonpay.com/en/