Fast, Simple & Automated Payouts
SIMPLIFY CONTRACTOR AND VENDOR PAYOUTS
Transform your payout process with borderless. Use our seamless recipient onboarding, multiple payout methods, efficient compliance, tailored approval flows, and automated payouts to save over 30% on average.
Award Winning
Payment Platform
Why Choose borderless Payouts?
On-board Recipients With Ease
Onboard recipients with a customizable experience that works for you
Streamline contractor and vendor onboarding and KYC compliance with customizable experiences including self-service and white-label solutions.
- Verify identities and collect government IDs.
- Comply with KYC regulations in over 120+ countries.
- Securely collect payment and tax information.
- Offer a recipient dashboard to track and manage their information.
One Platform, Multiple Payout Methods
Instant payments to bank accounts, debit cards, and wallets around the world
Quickly send payouts globally to 120+ countries with our extensive payment network.
- Offer the payout methods your recipients prefer.
- Leverage RTP, FedNow, ACH, International ACH, SWIFT, VISA & MasterCard debit cards, PayPal, and Venmo.
- Reduce payment errors by 89% with our real-time payment method data validation.
- Automatically handle returned payments.
Automate & Save Money
Automate payouts and save up to 30% on payout costs
Eliminate manual tasks, automate payouts, and enhance efficiency with our end-to-end platform.
- Smart routing gives you the fastest and most cost effective option saving money on every payment.
- Save on fees from wallet services and intermediaries with direct or local transfers.
- Trigger payouts via API, upload payouts via CSV, or automate payouts through our dashboard.
- Schedule payouts, automate recurring payouts, and set your payout frequency.
Automated Compliance
Compliance and approval controls made easy
Create a payment approval flow that works for your business controls. Replace manual data collection and 1099 form generation.
- Securely collect W9 forms and automatically issue 1099 forms on a fully brandable platform.
- Quickly create a Payment Approval Flow with multiple tier limits and approvers.
- Bank grade security and the tokenization of sensitive data reduces your data liability.
- SOC2® Type II, GDPR, EU-US Privacy Shield compliant.
Request A Demo
Want to see it in action? Learn how borderless can automate your contractor and vendor payouts. Work smarter, reduce human errors, and save money.
Hear from our customers:
“I wish everything operated as smoothly as borderless” – Christian, Openeye
The borderless Impact On Your Business
Global coverage to pay anyone in 120+ countries.
Pay to banks, Cards, PayPal, and Venmo.
Always stay compliant and secure.
Chose how to on-board your recipients.
Easily create payment approval flows.
Our pricing scales with your business.
Automate Your Payouts & Save
Improve Efficiency
Global solution with built in global KYC coverage.
Global Coverage
Make payouts to contractors and vendors in over 120+ countries through one platform.
Multi-Rail System
Make payouts to bank accounts, cards, and wallets through one payment platform.
Seamless Onboarding
Tailor your onboarding experience for your contractors and vendors.
No hidden fees. Pricing That Scales.
Sending over $100,000 in payouts every month? Contact us to discuss customized pricing.
Frequently Asked Questions
How much does it cost to open a borderless™ account?
It’s free to open a Personal or Business account to receive payments. To make payments, business accounts can take a look at our pricing page here.
If you are looking for API access, please contact our sales team to learn more about our API packages.
What are the transactional fees?
borderless charges low and transparent per transaction fees. You always see our fee up front so there’s never any surprises. When you convert funds it’s always with our great FX rates that are competitive and close to the mid-market rate.
Do you process more than $100,000 or 1,000 transaction per month? We offer custom pricing. Contact our sales team to learn more.
Which countries do you serve?
borderless™ has coverage in 120+ countries in North America, Europe, LATAM, Africa, South East Asia, and the Middle East. You can view our entire list of serviced countries here.
Don’t see your country? We’re rapidly expanding. Contact us to see when your country will be added.
Do you have multi-currency balances?
Yes, you can hold funds in 35+ currencies including USD, GBP, EUR, CAD, MXN, CHF, SGD, HKD, and more. You can also payout to 120+ countries in foreign currency as a local payment.
Can I choose how to on-board recipients?
Yes, borderless™ offers various experiences tailored to your business needs. You can invite recipients to the platform, manually add recipient details yourself, upload recipient data via CSV or API, or make payments to email addresses. If you wish, you can also white-label the experience to match your brand. We also offer our Link widget and API to integrate the payment process into your application and logic.
Can I pay anyone and do they have to sign up?
Yes, you can pay anyone in all the countries we serve, even if they are not a borderless user. No, they do not need to sign up to get paid.
Is borderless™ secure and compliant?
borderless™ uses bank-grade security protocols and highly sophisticated data encryption tools to keep your information and transactions secure. borderless™ is SOC2® Type II, GDPR, and EU-US Privacy Shield compliant.