- Business payments platform Routable has said that it has created a ‘Cross-Border Payments’ solution for international scaling.
- The new arrangement is set to see companies make payments to a fast-growing international group of major third parties.
- “Creating a payout experience that keeps our boutiques and business owners happy is essential to our business,” explained a client of Routable.
Routable, a business payments platform in the mass payouts and online money transfer sectors, has confirmed that it has launched its cross-border payments solution for global scaling.
The firm said that it had created the ‘Cross-Border Payments’ solution for international saling, which allows businesses to make payments to contractors in more than 200 countries worldwide.
With the new solution, companies will be able to boost their business operations internationally while bringing new sellers and partners on board, according to the company.
Routable also said the system would allow businesses to make hundreds of thousands of payments a month.
“We work with companies that are scaling rapidly, with an increasing need to pay gig workers and vendors around the globe,” said Omri Mor, the firm’s co-founder and chief executive officer.
“This is particularly important for companies in the growing gig economy and marketplace spaces.
“Now, companies can rely on one seamless payout experience for both their domestic and global payout needs, and continue to grow their network of vendors and gig workers – no matter where they are located,” he explained.
“Creating a payout experience that keeps our boutiques and business owners happy is essential to our business,” said Sunil Gowda, the co-founder and chief executive officer of Garmentory, a client of Routable.
“With Routable’s Cross-Border Payments solution, I can now onboard and pay thousands of partners across the globe quickly with multiple options. Having full visibility into the payments process is essential to keeping our community of indie boutiques and designers growing,” he explained.
There’s a lot of information out there about the operations of the fast money transfer sector – to learn more about it, just head over to our money transfer reviews pages and do some reading on the major firms in the space