How Does PayQuicker Work?

PayQuicker is a leading provider of global payout solutions. It offers a range of services designed to make it easy for businesses to pay individuals and contractors around the world.

Key Facts

  1. Robust Single API: PayQuicker offers a single API that connects to multiple banks and global payment rails. This allows companies to pay anyone, anywhere in the world easily.
  2. Global Partner Marketplace: PayQuicker has created a marketplace where trusted global partners bid for business payouts. This ensures the most efficient and fastest transactions possible, optimizing for cost-effectiveness and speed.
  3. Beneficiary-Directed Payments: Payees have the freedom to choose how they want to receive their funds. PayQuicker supports various payment methods, including card, cash, mobile wallets, check, and even cryptocurrency. This flexibility caters to all global demographics across a wide range of industries.
  4. Intelligent Payout Routing: PayQuicker’s intelligent payout routing reduces inefficiencies and eliminates foreign exchange fees by streamlining payouts in local currency. Algorithms determine the fastest route to send payouts, giving payees faster access to their funds and strengthening retention and loyalty. Clients can payout as often as they like, and the intelligent payout routing determines the most cost-effective channel to reduce cross-border payout expenses.
  5. Seamless Brand Experience: PayQuicker understands the importance of a seamless brand experience for businesses. They offer a PQ Portal product that allows businesses to offer a complete branded experience to their payees. This includes branded debit cards, a responsive client-branded account portal, a mobile app, and customizable payee resources. Alternatively, businesses can use PayQuicker’s turnkey Payouts OS solution to offer payouts in their own brand domain.
  6. Common Bank Application: PayQuicker simplifies the process of connecting to their 200+ partners by offering a Common Application experience. Businesses can fill out a single form through PayQuicker’s user-friendly platform to get the necessary bank approvals and start making payouts globally.

PayQuicker’s Technology

PayQuicker’s technology is based on a robust single API that connects to multiple banks and global payment rails. This allows businesses to integrate with PayQuicker once and access a wide range of payout options.

Global Partner Marketplace

PayQuicker has created a global partner marketplace where trusted partners bid for business payouts. This ensures that businesses get the most efficient and fastest transactions possible, optimizing for cost-effectiveness and speed.

Beneficiary-Directed Payments

PayQuicker gives payees the freedom to choose how they want to receive their funds. The company supports a wide range of payment methods, including card, cash, mobile wallets, check, and even cryptocurrency. This flexibility caters to all global demographics across a wide range of industries.

Intelligent Payout Routing

PayQuicker’s intelligent payout routing reduces inefficiencies and eliminates foreign exchange fees by streamlining payouts in local currency. Algorithms determine the fastest route to send payouts, giving payees faster access to their funds and strengthening retention and loyalty. Businesses can payout as often as they like, and the intelligent payout routing determines the most cost-effective channel to reduce cross-border payout expenses.

Seamless Brand Experience

PayQuicker understands the importance of a seamless brand experience for businesses. They offer a PQ Portal product that allows businesses to offer a complete branded experience to their payees. This includes branded debit cards, a responsive client-branded account portal, a mobile app, and customizable payee resources. Alternatively, businesses can use PayQuicker’s turnkey Payouts OS solution to offer payouts in their own brand domain.

Common Bank Application

PayQuicker simplifies the process of connecting to their 200+ partners by offering a Common Application experience. Businesses can fill out a single form through PayQuicker’s user-friendly platform to get the necessary bank approvals and start making payouts globally.

Conclusion

PayQuicker’s suite of services makes it easy for businesses to pay individuals and contractors around the world. The company’s technology, global partner marketplace, and focus on customer experience make it a valuable partner for businesses of all sizes.

Sources

FAQs

 

How does PayQuicker work?

PayQuicker offers a single API that connects to multiple banks and global payment rails. This allows businesses to easily pay anyone, anywhere in the world. PayQuicker has also created a global partner marketplace where trusted partners bid for business payouts, ensuring the most efficient and fastest transactions possible.

 

What types of payments does PayQuicker support?

PayQuicker supports a wide range of payment methods, including card, cash, mobile wallets, check, and even cryptocurrency. This flexibility caters to all global demographics across a wide range of industries.

 

How does PayQuicker’s intelligent payout routing work?

PayQuicker’s intelligent payout routing reduces inefficiencies and eliminates foreign exchange fees by streamlining payouts in local currency. Algorithms determine the fastest route to send payouts, giving payees faster access to their funds and strengthening retention and loyalty.

 

How can I get started with PayQuicker?

PayQuicker offers a Common Application experience that simplifies the process of connecting to their 200+ partners. Businesses can fill out a single form through PayQuicker’s user-friendly platform to get the necessary bank approvals and start making payouts globally.

 

What are the benefits of using PayQuicker?

PayQuicker offers a number of benefits for businesses, including:

  • Reduced costs
  • Faster payouts
  • Improved risk management
  • Enhanced brand experience

 

Who is PayQuicker best suited for?

PayQuicker is best suited for businesses that need to make global payouts to individuals and contractors. The company’s services are particularly beneficial for businesses that need to optimize for cost-effectiveness and speed, and that want to offer a seamless brand experience to their payees.

 

How much does PayQuicker cost?

PayQuicker’s pricing is based on a number of factors, including the volume of payouts, the payout methods used, and the countries to which payouts are being sent. Businesses can contact PayQuicker for a customized quote.

 

What is PayQuicker’s customer support like?

PayQuicker offers a dedicated customer support team that is available 24/7 to assist businesses with any questions or issues they may have. The company also provides a comprehensive knowledge base and a variety of self-service tools to help businesses get the most out of their PayQuicker account.