Tipalti Launches Global Mass Payment Platform

Tipalti has announced an automated online mass payment solutions to send payments to any supplier -- individual or company -- in local currency, in the supplier's preferred payment method, to more than 200 countries in the world.

"Offering each supplier their preferred payment method, dealing with the intricacies of how to remit payments in every country on the globe, handling exchange rates and ensuring payments are received—it all requires expertise and specialized systems that most companies simply don't have," said Tipalti founder and CEO Chen Amit. "The Tipalti payment system handles all of these complexities, allowing the payer to issue thousands of payments, offer a multitude of payment methods, in any currency, while ensuring tax and regulatory compliance. Tipalti puts this power in the hands of small and large businesses with an easy-to-use and extremely affordable system."