Covered via Single Integration
Payout Settlement
Flexible Funding Models
A stablecoin-native cross-border payments platform that moves money on behalf of its clients. Its clients need to move large sums across borders, often tied to asset transfers and the movement of personal funds. The company collects value from these clients in fiat or stablecoins, and pays out to beneficiaries in their local currency in the destination market. Most transactions are high in value and lower in volume than a typical consumer remittance flow.
The company operates across Asia-Pacific, Latin America, Europe, and Australia, and runs its money movement through a single API. To scale this model it needed a payout partner that could settle quickly and cheaply through local rails, name the underlying client as the sender on each payout, and hold a prefunded balance so payouts could be released without funding each transaction individually. It turned to Tazapay for that infrastructure.
As the company scaled its payout model across four regions, several gaps in the payout market were limiting how fast and how cheaply it could move funds for its clients.
Most payout providers route high value transfers through correspondent banking and SWIFT only. For a business paying beneficiaries across four regions, the absence of local payout rails meant slower settlement, higher cost per transaction, and a weaker experience for the end beneficiary.
The company pays beneficiaries on behalf of its underlying clients, so the beneficiary needs to see the actual sender rather than an intermediary. Most providers could not name the underlying client as the sender on a payout, which created confusion at the receiving end and added compliance friction.
Because the company moves large sums for its clients, receiving banks routinely ask for further information on the source and purpose of funds. Without a partner that handled this review up front, each enquiry risked delays and held-up payouts.
The company needed to maintain a standing balance with its payout partner so payments could go out immediately when triggered, without waiting on a per-transaction funding step. Few payment service providers support this across both fiat and stablecoin funding, which narrowed the company's options.
Tazapay gave the company a payout stack built for high value, cross-border money movement on behalf of clients, with the local reach, sender visibility, and funding flexibility the team needed.
Tazapay pays out through local rails in each destination market, so beneficiaries receive funds quickly and at a lower cost than correspondent banking. Where local rails are not available, payouts route over SWIFT, giving the company one partner for both.
Tazapay names the company's underlying client as the sender on each payout. The beneficiary sees who the funds are actually coming from, which removes confusion at the receiving end and reduces compliance friction on high value transfers.
Tazapay provides the company with a named USD virtual account for fiat prefunding. The company maintains a standing fiat balance in this account, and payouts draw from it immediately when triggered, with no per-transaction funding step required. This gives the company full control over payout timing and working capital.
Tazapay allows the company to prefund in fiat, so payouts can be released without waiting on each conversion. This is an option few payment service providers support, and it gives the company control over working capital and payout timing.
Where the company funds payouts in stablecoins such as USDC or USDT, it does so via a separate stablecoin wallet on Tazapay. Tazapay converts those stablecoins into fiat ahead of settlement to the beneficiary.
Tazapay reviews high value transactions ahead of payout, gathering the source and purpose information that receiving banks typically ask for. This reduces the back and forth that would otherwise hold up large transfers.
Step 1. The company prefunds with Tazapay. Fiat goes into a named USD virtual account held under the company's name. Stablecoins such as USDC or USDT go into a separate stablecoin wallet on Tazapay, where they are converted into fiat ahead of settlement.
Step 2. When one of the company's clients initiates a transfer, the company calls the Tazapay API. The payout draws down from the prefunded balance.
Step 3. Tazapay processes the payout on behalf of the underlying client, naming that client as the sender so the beneficiary sees the true source of funds.
Step 4. Tazapay reviews the source and purpose of funds on high value transfers up front, ahead of release.
Step 5. Funds are paid out through local rails where available, or over SWIFT, and settle to the beneficiary in their local currency, same-day or near-instant in supported corridors.
The company is scaling its payout model across all four regions on Tazapay. Looking ahead, it plans to add an onramp flow, collecting payment from its clients in local currency and converting those funds into stablecoins such as USDC and USDT.
Tazapay's modular infrastructure means new corridors, payout rails, and the future onramp flow can be turned on without rebuilding the integration, giving the company a flexible foundation to grow into as client demand matures.
Disclaimer: Stablecoin-related services are provided exclusively by Tazapay Canada Corp, a FINTRAC-registered Money Services Business. Tazapay Pte. Ltd. (Singapore) does not provide Digital Payment Token services under the Payment Services Act 2019.
