Key Takeaways
- Payset now offers multi-currency business accounts to US-based companies.
- Enjoy fast and easy cross-border or domestic transfers when you sign up.
- It’s not just for basic payments – you’ll also enjoy extra features like FX trading, bulk transfers, employee spending management, and more.
Big news! Payset’s flagship multi-currency IBAN business accounts are now available to companies based in the United States!
This brings our main product to US-based small- and medium-sized enterprises, making cross-border and domestic transactions simpler than ever before.
It’s a major milestone in our ongoing goal: bringing trusted global payment solutions to businesses around the world. This includes faster, easier, and more affordable transactions for almost any business type and use case (click here to view our permitted industries).
We’re proud to expand this offering to the American market, inviting users to join thousands of satisfied users across the globe.
What Features Can You Expect?
With a Payset US business account, you’ll get:
- Domestic IBANs in key global regions: Payset accounts include at least one IBAN number tied to a specific jurisdiction, so you can send and receive funds like a local in the UK, US, and/or EU, for example.
- Multiple payment network options: Support for several payment networks, including ACH, Fedwire, SWIFT, and SEPA.
- Global cross-border transfers: Our accounts support sending and receiving funds in more than 180 countries.
- Dozens of currencies: Hold 34 currencies in your account.
- Built-in FX support: Swap 38 currency pairs on our built-in exchange.
- Easy to use: Access your Payset dashboard on web and mobile.
- Zero sign-up fees: It’s free to sign up for a Payset account — monthly and transaction fees only apply once your account has been opened.
How Can I Use My US Business Account?
Handle Payments for Your Industry
Whether your company operates solely in the US or in multiple markets, Payset accounts are useful across a wide variety of industries.
Opening an account offers a multitude of options: process payments across a supply chain, manage capital for your holding company, handle payments for your e-commerce site, or pay contractors in the events and travel industry.
And you can use your account whether you’re handling inbound or outbound payments, or just storing funds — it’s all possible with Payset.
If you’re not sure whether our accounts fit your specific needs, get in touch, and we’ll try to find a tailored solution that works for you.
Manage Employee Spending
By leveraging Payset’s team accounts and spending control features, you’ll be able to control how your staff accesses shared funds.
From your online dashboard, you can instantly assign user permissions, set spending rules, or require joint transaction approvals. Plus, you can monitor transactions in real time to ensure they’re properly completed.
This is especially useful for US companies that manage large teams, rely on remote contractors and employees, or oversee any sort of group, providing full visibility and control no matter how far your business reaches globally.
Perform Bulk Transactions
You can also perform bulk payments through the Payset dashboard, making it easy to pay all of your staff, suppliers, or subcontractors.
Just upload a spreadsheet (CSV/XLSX) with a list of names and initiate the full list of payments at once. See this page for more details on how to do it.
US companies stand to benefit greatly from this feature: by bringing company-wide payments under a single, easy-to-use dashboard, you can expect to save time and reduce the risk of error when managing complex payrolls.
And combined with cross-border payments, it’s even more useful when paying a distributed network of global employees and partners.
Get Real-Time FX Rates
With Payset, you don’t just get a vast selection of currencies and features — you also get full access to our foreign exchange with real-time rates.
You’ll get to see every FX trading cost, with full transparency into the interbank rate and Payset’s own fees. Our margins usually range from 0.25%-1.00%, but you can use our FX rate calculator for a more precise estimate.
By taking advantage of our FX platform, American companies can go beyond the US dollar with 38 currencies including EUR, GBP, CAD, and more.
Sign Up Today
If traditional payments aren’t getting your money where it needs to go, consider Payset for your US-bound and global payment needs.
Hold and exchange dozens of currencies, access multiple payment networks, and manage vast payroll operations, all at affordable rates with fast transfers and an easy-to-use account interface.
It’s the perfect choice for any eligible company, from startups and small and medium-sized enterprises to online merchants and holding companies.
We also offer personal accounts for individuals, freelancers, and other users. You don’t need to be a business to register for an account.
And you only pay once your account is opened — sign up today at no initial cost!
