Global Payments
Pay vendors quickly and securely with centralized global payments directly in Zip.
Streamline payments
Automate AP processes with customizable workflows to reduce processing delays and provide full visibility on payment progression.
Drive compliance
Ensure regulatory compliance with granular permissions settings and automatically capture detailed audit trails.
Pay worldwide
Efficiently process payments in 40+ currencies across 140+ countries to meet vendor obligations wherever theyāre based.
Automatic validation
Zipās streamlined vendor portal applies thousands of validation rules to minimize the chance of payment errors.
Dynamic, no-code workflows
Zip automatically loops in the right approvers based on payment details and moves requests through the process efficiently.
Enterprise-grade risk controls
Reduce fraud with granular permission controls, automatic audit trails, approval workflows, and multi-factor authentication.
Robust ERP integration
Post funding and transaction records in real-time to your ERP to keep financial data up to date with zero manual work.
Frequently asked questions
What are global mass payment solutions?
A global mass payment solution enables an organization to transfer funds to a supplier located in another country or using a different currency. Unlike domestic payments, making international payments often requires several extra steps, which is where a mass payment solution can step in to streamline processes and provide significant savings.
How do global mass payment solutions work?
Zipās solution automates global mass payments by collecting the right information from vendors, routing payments through the proper workflows, batch payment processing, and keeping detailed audit trails. Additionally, it can sync to ERPs to keep financial data up to date.
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Payment services for U.S. customers are provided through Airwallex US, LLC (NMLS #1928093). Airwallex is licensed or authorized to do business as a money transmitter in most states. For some U.S. customers, Airwallex partners with Evolve Bank & Trust (member FDIC) to provide payment services.
What are the benefits of using global mass payment solutions?
A global payment solution saves time and lowers costs by automating parts of the process. Additionally, it reduces the risk of errors or fraud with features like permission controls, mandatory approvals, and multi-factor authentication.
Which currencies are supported with global mass payment solutions?
Zip supports payments to vendors in 140+ countries in 40+ currencies.
How secure are global mass payment solutions?
Zip offers a secure vendor portal where you can schedule payments across the globe using your preferred payment method, including bank transfers, wires, checks, or virtual cards.
Are there integrations for global mass payment solutions?
Zip seamlessly integrates with ERPs ā even highly complex and customized instances. Records update in real time, so youāll always see the most up-to-date financial information for your organization.