We actually use a combination of Transferwise, Paymentrails and PayPal. We are a US e-commerce company with hundreds of foreign vendors that we pay every month. It gets complicated quick, particularly when dealing with certain countries. Some countries might have receiving limits, some countries don’t allow business to personal transfers. That’s partly why I use a mix of payout providers. Usually one of them will support the country I’m trying to send to. Be careful with Tipalti. I think they were the ones who wanted to have you sign a contract and guarantee them certain volume.
I have not looked into Stripe, but TransferWise is by far the cheapest option overall. And all three have an API.
Not sure how my little resource site got noticed, 'cause it is about a year out of date, and was not promoted at all, but cool! Thanks for listing guys! -E
I have not looked into Stripe, but TransferWise is by far the cheapest option overall. And all three have an API.