International Vendor Payments & Global Payouts | Paystand

Global Payouts Platform for Faster, Compliant International Payments

Paystand Global Payouts, powered by Teampay, helps finance teams send funds worldwide with automated approvals, local currency support, real-time reconciliation, and faster access to funds.

Why Finance Teams Choose Paystand for Global Payouts

Multi-Currency Support
Send payouts in local currencies to employees, vendors, and contractors.

Audit-Proof Approvals

Built-in workflows enforce policy before funds leave your account.

Flexible Payout Methods
SWIFT, local rails, or ACH—all payment methods supported from one platform.

Automatic Reconciliation

Sync international payments directly into your ERP.

Transparent Fee Structure
Flat fees and FX controls for predictable costs.

Premier Support
Dedicated team with 100% CSAT to guide your payout operations.

Send Global Payments With Control and Speed

Finance teams review and approve in seconds, while the system handles currency conversion, payment routing, and reconciliation automatically.

Global Payments Synced Into Your ERP

International expenses, invoices, and bill payments reconcile instantly with your ERP’s custom accounting fields. No duplicate data entry, no waiting for month-end close—just accurate, real-time visibility across borders.

Testimonials

“Teampay by Paystand has been incredibly transformational for our business. Reimbursable business expenses have dropped dramatically, which is amazing. And it just allows us much greater control over the expenses that are coming through to the business.”

Robert Fulkerson
President and CEO at RJ Reliance

Secure, Compliant Global Payouts

Paystand adheres to global regulations including AML, KYC, and OFAC. Transactions are encrypted, logged with complete audit trails, and routed through compliant banking partners to minimize risk—ensuring secure cross-border payouts through complete global payment automation.

Details on Fees

• SWIFT payment Network - When sending US dollars to a bank account outside of the United States via SWIFT payment network, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
• Local rails - When sending US dollars to a bank account outside the United States via Local rails, your bill payment or reimbursement may have an associated transaction fee (CC Agreement)
• Teampay charges a flat $0.50 fee when customers send US dollars to a bank account outside of the United States (Platform Agreement)
• Foreign Currency Conversions - When sending US dollars to a bank account outside of the United States in non-USD, your bill payment or reimbursement will be subject to foreign exchange fees and may include a markup from Teampay (Platform Agreement)

Explore Our Integrations

Slack
Approve requests and issue cards directly in Slack. Microsoft Teams
Review and approve spend in Teams. QuickBooks Online
Automate reconciliation in QBO. NetSuite
Streamline AR & AP automation in NetSuite. Sage Intacct
Digitize AP processes with Intacct sync. Microsoft Dynamics 365
Control spend inside Dynamics.

Frequently Asked Questions

1. What are global payouts?

Global payouts let businesses send funds to vendors, contractors, or employees worldwide in their local currency through one platform.

2. How do global payouts work with Paystand?

Payments are initiated in your ERP, routed via SWIFT, local rails, or ACH, and delivered to local bank accounts in supported currencies—all managed through a single API. Paystand automates conversion, compliance checks, and reconciliation.

3. Which countries and currencies are supported?

Paystand supports most major markets and currencies globally. Our team confirms coverage for your business’s needs.

4. How are fees and exchange rates handled?

Paystand charges a flat $0.50 per USD payout plus FX markups for non-USD. Transparent pricing avoids hidden costs.

5. Are global payouts secure and compliant?

Yes. All payouts follow AML, KYC, OFAC, and GDPR guidelines, with encryption and audit trails for maximum security.

6. How long do global payouts take?

Timelines vary: instant with local rails, 1–2 days with ACH/wire equivalents, and up to 3–5 days for some corridors.

Simplify Your Global Payouts Today

Real-time visibility, secure compliance, and faster international payments—all in one payouts solution.