Transforming Client-Vendor relationships: How Payouts.com uses Airwallex to drive seamless, global relationships

Introducing Payouts.com: Simplifying complexity in the multi-participant era

Payouts.com was founded in 2022 to empower businesses to navigate the increasingly complex landscape of global payouts and vendor management. The founders recognised that traditional methods simply couldn't keep pace with the demands of today's interconnected marketplace.

Today, the Payouts.com platform offers a powerful, three-pronged solution:

Accounts Payable Automation: Eliminate manual data entry, automate invoice processing, streamline approvals, and achieve seamless reconciliation. Vendor Management Automation and Portal: Centralise vendor information, automate onboarding and compliance, and empower vendors with a self-service portal. Flexible and Efficient Global Payouts: Send payouts to vendors worldwide using a variety of methods—from traditional bank transfers and e-wallets to gift cards—all within a single, unified platform.

The Challenge

Sharing the vision behind Payouts.com, Leor Ceder, Co-Founder and CEO explains; “We wanted to transform the global payments landscape and eliminate the friction associated with international transfers. We believe it should be as easy to pay a vendor in Vietnam as it is to pay one in the United States.”

To make this happen, Payouts.com needed a powerful solution with advanced capabilities that would merge seamlessly with its platform and provide an empowering user experience for clients.

“We were looking for a technologically-advanced partner with a globally scalable, secure and compliant infrastructure,” says Leor.

To create a market-leading platform combining automation, control and global reach, the ability for clients to open multi-currency accounts and collect funds directly on its platform was an added bonus. “We don't want to act as a middleman controlling our clients' funds,” Leor remarks. “That's why we've made client-controlled financial services a core principle of Payouts.com.”

To make this a reality, Payouts.com required a global payments partner that could:

• Process high transaction volumes across multiple currencies and countries without clients leaving Payout.com’s platform.

• Provide clients with connected, multi-currency accounts with global payouts, foreign exchange and virtual card issuing functionality. 

• Support a wide variety of payout methods, from traditional bank transfers to modern e-wallets.

• Integrate seamlessly via a robust API and modern infrastructure.

• Maintain the highest standards of security and regulatory compliance across all operating regions.

With these goals in mind, Leor and his team needed a single, global payments partner that could provide a fully-fledged financial solution for its clients. 

“We recognised the importance of a robust and scalable financial infrastructure from day one. So when we conducted extensive research on embedded finance providers, Airwallex stood out as the clear leader,” explains Leor.

Airwallex’s banking-as-a-service (BaaS) solution that natively embeds accounts and cards directly into Payouts.com platform made it the ideal choice.

Leor Ceder

Co-Founder and CEO at Payouts.com

"Building a borderless business comes with inherent challenges. One of our biggest challenges was finding the right financial partner to power our global ambitions. We needed a secure solution that was globally scalable, technologically advanced and compliant, and matches the expectations of our enterprise client base.”

The Solution

A product built with Airwallex’s global payments infrastructure at its core

“We built our platform with Airwallex's embedded finance services at its core,” explains Leor. This enables Payouts.com’s clients to leverage Airwallex’s comprehensive suite of financial services while remaining on Payout.com’s platform.    

Leor continues, emphasising the significance of Airwallex’s multi-currency support and extensive global network. “This global reach has been a key differentiator for us, attracting international clients and vendors from day one,” says Leor. By providing Payouts.com clients with Airwallex Global Accounts under the Payouts.com brand, clients have access to Airwallex’s global infrastructure and payments network. 

Over the course of two years, Payouts.com has processed hundreds of millions of dollars in transactions via Airwallex’s infrastructure.

By leveraging Airwallex’s Global Treasury Payments Network and Global Accounts, Payouts.com has created a truly borderless experience for its clients and their vendors from the get-go. Clients can process payouts in 130+ currencies to over 180 countries. 

Driving efficiencies, fostering customer trust and powering future growth 

Using Airwallex’s API infrastructure, Leor and his team have automated and streamlined its operations, including account creation, currency conversion and payout execution. “This has significantly reduced our operational costs by eliminating manual work, and enhanced our platform's efficiency,” adds Leor. 

A seamless and transparent experience for users was also important to Payouts.com. Tapping into Airwallex's real-time transaction tracking and comprehensive reporting features give Payouts.com’s clients clear visibility into all its financial activities. In turn, this fosters client trust and confidence in the Payouts.com platform.

By working with Airwallex, Payouts.com can also provide clients with borderless virtual cards, facilitating frictionless spending for its clients. This symbolises another key service that differentiates Payouts.com and has unlocked additional revenue streams for the company. 

Transforming the global payments landscape 

This strategic partnership with Airwallex has fuelled Payouts.com’s growth and delivered exceptional value to its clients, as Leor explains; “By leveraging Airwallex’s robust infrastructure and global reach to scale our operations, we’ve achieved rapid growth and continue to deliver a superior experience to our clients and their vendors.”

When asked what the future holds for Payouts.com, Leor comments; “We're incredibly proud to partner with Airwallex and are confident that our combined expertise will continue to drive innovation and transform the global payouts landscape.” 

Barak Hirchson

Co-Founder and CSO at Payouts.com

“We've processed hundreds of millions of dollars in payouts annually. Our rapid growth wouldn't have been possible without the reliability, security, and flexibility that Airwallex provides.”