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Failsafe Payments can offer their clients payout service to bank accounts around the world thru our extensive banking network.
Click here for our bank coverage.
This solution is very suitable for merchants who make different kind of payouts such as gaming winnings and paying affiliates.
Instead of making costly international wires we can reduce the transfer fees and reduce the administration that these payouts usually generate.
Because we are always “in country” and thus is using the local banking networks, the need for international transfers is removed. This gives the Customer and the Merchant considerable savings on bank costs.
Our fees for this service can be found in
our Rates section.
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The Merchant obtains the recipient bank account details from their Customers and/or Suppliers.
The Merchant gives these details along with the funds to us (either on a “one off” or “batch” basis).
We then route the payments directly to the appropriate bank accounts via the cheapest and fastest routes
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