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Tipalti Overview 2.0 .pdf


Original filename: Tipalti_Overview_2.0.pdf
Author: Roby Baruch

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Global Mass-Payments Made Easy
Global payments ∙ Multiple payment methods ∙ Local currencies ∙ Compliance ∙ Governance ∙ Cross border reconciliation ∙
Transparency ∙ Cost effectiveness ∙ Simplicity
The above are just some of the challenges you are faced with when paying your payees.
Paying professionally is a formidable task.
Tipalti
simple
and frictionless.
Tipalti makes
makes it
this
task simple
and frictionless:
 Supporting multiple payment options, optimal for the various
geographies your providers come from (PayPal, wire transfer, ACH /
Direct Deposit, check, Global ACH / Local Bank Transfer, prepaid debit
cards, cash via Western Union ... ).
 Supporting payments in the local currency.
 Collecting all the information required by the local regulations for wires
to complete successfully (e.g. IFSC code in India, tax ID in Russia, Sort
code in the UK, etc.).
 Comply with tax related requirements - i.e. collect W-9 (if you are a US
company) or invoices (in other geographies) and withholding payments
to payees that did not submit the required forms.
 Comply with AML / Anti-terror / Anti-narcotics regulations that require
you to validate each payee against "black-list" databases before you pay.
Tipalti does that via a very simple interface that hides all these complexities from you and helps you eliminate efforts
around payments while improving your offering to your payees.
As the payee pays the transaction costs (you can configure it differently), the cost to you as the payer is negligible.
The Tipalti solution is completely white labeled, and appears as part of the payer web site, with the same look & feel.

830 Stewart Dr, Suite 269 Sunnyvale, CA , 94085 USA | +1 (408) 481-9730 | sales@tipalti.com

Copyright ©2013 Tipalti Inc. All Rights Reserved. Designated trademarks and trends are the property of their respective


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