PhotonPay Expands Payout Network for Faster Emerging Market Growth
Product Update | 2025-05-14 02:05:84
As businesses in emerging markets digitize, they face fragmented banking infrastructures and varied e-wallet preferences that hinder timely local payouts. To address these challenges, PhotonPay has significantly expanded its global payout network, enhancing local bank transfer and digital wallet capabilities across high-demand markets to streamline global payment process and accelerate real-time settlement.
Faster Local Bank Transfers Across 73+ Markets
In many emerging markets, cross-border bank transfers often struggle with legacy infrastructure, resulting in slow settlement times, limited operating hours, and inconsistent recipient experiences.
PhotonPay now elevates local bank payouts in 73+ high-growth markets, with 24/7 real-time settlement available in 13+ countries and regions across Asia and Latin America, including India, Thailand, South Korea, Mexico, and Brazil. PhotonPay has also introduced enhanced EUR transfers across the Eurozone, allowing near-instant bank transfers regardless of banking hours.
Businesses can now pay payroll, vendor invoices, supplier fees, and marketplace revenue shares directly into local bank accounts 24/7, even on weekends and public holidays, ensuring funds arrive swiftly and predictably.
More Digital Wallet Options in 9 Countries and Regions
PhotonPay also supports 27 new local digital wallet options across 9 countries and regions, enabling businesses to pay individuals and partners directly to their preferred digital wallets in local currencies. Most supported wallets offer 24/7 real-time payouts, with settlement completed within T+0 to T+1 in certain regions.
This gives businesses a fast, flexible way to reach freelancers, creators, remote teams, and localized service providers in emerging markets, especially in mobile-first economies where wallets are preferred over banks.
Broader Coverage and Robust Security
Building on emerging-market upgrades, these enhancements extend PhotonPay’s reach to more than 230 countries and regions, supporting payouts in 60+ currencies. This enables businesses to serve new markets with local payout options that match regional preferences and financial behavior.
PhotonPay’s AI-driven risk engine and global compliance framework power every transaction with real-time monitoring, fraud detection, and full regulatory alignment, ensuring payouts remain secure, transparent, and trusted across all supported markets.
These upgrades ensure:
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Faster settlement in local currencies without reliance on traditional banking hours
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Improved recipient experience with support for local payout methods they already use
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Greater reach into emerging markets, unlocking flexible partner and payroll options
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Operational reliability with near real-time delivery and clear transaction timelines
Connect with us to explore how PhotonPay’s enhanced payout network can support your next stage of global growth.
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