The Future of Global Payments: A New Way to Send Money Directly to Third Parties

For many businesses today, managing payouts to a global network of contractors, creators, and vendors is a complex and often frustrating endeavor. From navigating diverse payment methods and currencies to grappling with varying regulations and high fees, the operational overhead can be substantial, diverting valuable resources from core business activities.

Today, we're thrilled to announce a significant expansion of Stripe Payouts, introducing a powerful new way for businesses to send money directly to third parties around the world. This is more than just an update; it's a fundamental shift in how businesses can manage their global financial flows, offering unparalleled flexibility, speed, and cost-effectiveness.

Unlock Seamless Global Distribution

Imagine a world where paying your freelance designer in Berlin, your content creator in Tokyo, and your software developer in São Paulo is as straightforward as paying a local vendor. With our enhanced Global Payouts, that world is now a reality.

We've built a robust infrastructure that bypasses many of the traditional complexities of international money transfers. This means:

Direct-to-Bank Transfers: Send funds directly to bank accounts in a growing number of countries, eliminating the need for intermediaries and reducing delays.
Multi-Currency Support: Initiate payouts in your local currency, and our system handles the conversion and delivery in the recipient's local currency, all at competitive exchange rates.
Reduced Fees: Say goodbye to exorbitant wire transfer fees. Our streamlined process significantly cuts down on the costs associated with international payments.
Faster Settlement Times: Experience quicker settlement for your recipients, improving their cash flow and strengthening your relationships.
Simplified Reconciliation: All payouts are seamlessly integrated with your existing Stripe dashboard, providing a unified view of your transactions and simplifying reconciliation.

Who Benefits from Global Payouts?

This new capability is designed to empower a wide range of businesses, including:

Marketplaces & Platforms: Easily pay out to your network of sellers, service providers, and creators, regardless of their location.
Gig Economy Companies: Streamline payments to your distributed workforce, improving their experience and retention.
SaaS Companies: Efficiently pay commissions to affiliates and partners worldwide.
Any Business with International Contractors or Vendors: Simplify the process of paying your global suppliers and service providers.

How it Works

Integrating Global Payouts into your existing Stripe setup is straightforward. Developers can leverage our powerful APIs to automate the payout process, or businesses can initiate payouts directly from their Stripe Dashboard with a few clicks.

Our system handles the complexities of local payment rails, compliance, and currency conversion behind the scenes, allowing you to focus on your business. You'll have full visibility into the status of each payout, from initiation to successful delivery.

A Global Horizon Awaits

The global economy is more interconnected than ever, and businesses need payment solutions that can keep pace. With this expansion of Stripe Payouts, we're not just offering a new feature; we're providing a foundational tool that will enable businesses to operate more efficiently, scale more rapidly, and build stronger relationships with their global partners.

We believe that by removing the friction from global money movement, we can unlock new opportunities for businesses of all sizes. We're excited to see how you'll leverage these new capabilities to grow your global reach.

Get Started Today

Global Payouts are now available to eligible businesses. To learn more about how to integrate this powerful new feature and to see the full list of supported countries and currencies, please visit our Global Payouts documentation or contact your Stripe representative.

We're committed to continuously expanding our global payout network and adding even more capabilities in the coming months. Stay tuned for further updates as we continue to build the future of global commerce.