Vendor Payout Speed
Payout Scheduling
USD ↔ USDT/USDC Across Markets
This platform operates as a global gift voucher aggregator. They purchase gift vouchers from vendors across the US, Europe, UK, and UAE, and resell them to corporate buyers who use them for employee rewards, customer incentives, and loyalty programs. The platform earns a commission on each transaction as the intermediary.
The core payments challenge: corporate buyers pay in fiat currencies (primarily USD and EUR), but the platform needs to pay vendors quickly and cost-effectively across multiple geographies. As transaction volumes grew and the vendor network expanded — particularly into the UAE — the existing payments setup became a bottleneck. Payout cycles were slow, every payout required manual intervention, and cross-border wire transfer costs were eating into commission margins.
The platform needed infrastructure that could collect fiat from corporate buyers, convert to stablecoins, and pay vendors in USDT/USDC — faster and cheaper than traditional wire transfers.
The platform collects fiat from corporate buyers and pays gift voucher vendors in USDT/USDC through a single dashboard-led workflow.
Primary Flow: Fiat Collection → Stablecoin Vendor Payout
Pays for gift vouchers in fiat (USD, EUR, or other currencies) into the platform’s multi-currency virtual accounts provisioned by Tazapay.
Receives funds into its Tazapay-provisioned VAs. Funds are visible in real time through the dashboard.
Converts fiat (USD) to USDT or USDC and routes the payout to the gift voucher vendor automatically via autopay. No manual triggers required.
Receives USDT/USDC payout within 10–15 minutes. Vendors across the US, Europe, UK, and UAE are supported.
Paying vendors in USDT/USDC instead of traditional wire transfers delivers two advantages. First, settlement is dramatically faster — 10–15 minutes versus 2–3+ hours (or days for cross-border wires). Second, stablecoin payout costs are significantly lower than international wire transfer fees, which directly improves the platform’s commission margins. Vendors are open to receiving stablecoins, making this a win for both sides of the transaction.
While the primary flow is fiat-in, stablecoin-out (paying vendors), Tazapay also supports the reverse accepting stablecoin payments from corporate buyers who prefer to pay in USDT/USDC and converting to fiat where needed. This gives the platform full flexibility as buyer payment preferences evolve.
Before Tazapay, the platform faced several barriers to scaling its vendor payout operations:
Tazapay provided end-to-end payments infrastructure covering the full collect, convert, and payout cycle — all managed through a single dashboard with no heavy API integration required.
Tazapay provisioned dedicated virtual accounts in USD, EUR, and additional currencies. Corporate buyers deposit directly into these VAs when purchasing gift vouchers, giving the platform a unified collection layer with real-time visibility into all inbound funds.
Tazapay converts collected fiat (USD) to USDT or USDC for vendor payouts. This is the core of the cost and speed advantage — stablecoin payouts settle in 10–15 minutes at a fraction of the cost of international wire transfers. The reverse flow (stablecoin to fiat) is also supported for corporate buyers who prefer to pay in USDT/USDC.
Automated payout scheduling replaced manual intervention entirely. Vendor payouts are routed automatically once funds are collected and converted — no individual triggers, no batch processing overhead. This was the platform’s primary pain point, and autopay eliminated it.
The platform manages collections from corporate buyers, fiat-to-stablecoin conversions, vendor payouts, and reporting from a single interface. No heavy engineering buildout was required — the entire workflow runs through the Tazapay dashboard.
The infrastructure supports the platform’s regional expansion including UAE currency requirements, allowing new vendor markets to be added without rebuilding the payment stack.
Since partnering with Tazapay, the platform has achieved measurable improvements across vendor payout speed, cost efficiency, and operations:
For commission-based businesses like gift voucher aggregators, every dollar saved on payout costs flows directly to the bottom line. The shift from international wire transfers to stablecoin vendor payouts delivered two compounding advantages:
This isn’t just a payments upgrade — it’s a structural margin improvement that scales with volume.
With fiat collections and stablecoin vendor payouts fully operational, the platform is scaling its cross-border rewards infrastructure with Tazapay as its payments partner. As more corporate buyers begin paying in stablecoins directly, the bidirectional capability will become increasingly central to the platform’s operations. The same collect–convert–payout architecture can be extended to new vendor markets and currencies without rebuilding infrastructure from scratch.
