Routable has added a new cross-border payments solution that is said to allow payments across most all countries in the world. Routable pitches its platform as the simplest way to enable business-to-business payments. Its service is utilized by companies like Ticketmaster and Remax.
Omri Mor, co-founder and CEO of Routable, said they work with companies that are scaling rapidly with a growing need to pay gig workers operating anywhere in the world:
“This is particularly important for companies in the growing gig economy and marketplace spaces. Now, companies can rely on one seamless payout experience for both their domestic and global payout needs, and continue to grow their network of vendors and gig workers – no matter where they are located.”
Routable states that the majority of traditional cross-border payment solutions are built to support single peer-to-peer cross-border transactions. Routable’s Cross-Border Payments solution supports multiple payment methods making it possible for businesses to power global mass payouts at scale.
Sunil Gowda, Co-founder and CEO of Garmentory – a Routable user, said his company can now onboard and pay thousands of partners across the globe quickly with multiple options.