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An independent annual ranking of the platforms that marketplaces, software platforms and other businesses use to pay contractors, sellers and creators around the world. 11 providers, six criteria, nothing paid for.
Scores out of 100. Each segment weights the criteria differently; the method is below. Facts read on 26 October 2026 from the providers' own pages.
The mean of the 3 segment scores.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Trolley | 91 | Payouts and tax compliance platform | Platforms paying creators and sellers that want a full published price list |
| 2. Stripe Connect and Global Payouts | 83 | Platform payments and payouts | Platforms already taking payments on Stripe that want onboarding, tax forms and payouts in one place |
| 3. Tipalti | 76 | Payables and mass payments platform | Firms paying many contractors or creators across borders with full tax form handling |
| 4. Payoneer | 71 | Cross-border payments and mass payouts platform | Marketplaces paying sellers abroad into accounts, bank accounts or wallets |
| 5. Nium | 67 | Cross-border payouts infrastructure | Payment and fintech firms needing real-time payouts and licences in many markets |
| 6. Airwallex | 59 | Global business account and payouts API | Platforms wanting a published fee schedule and licences across Asia, Europe and the US |
| 7. PayPal Payouts | 56 | Mass payments to PayPal and Venmo | Businesses paying recipients who already use PayPal or Venmo |
| 8. Routable | 55 | Payables and mass payouts platform | US firms paying many vendors and contractors from their accounting system |
| 9. Rapyd Disburse | 55 | Global payouts platform | Firms paying recipients by card, wallet or cash as well as bank transfer |
| 10. Wise Business | 52 | Multi-currency account with batch payouts | Smaller firms paying overseas suppliers and freelancers into bank accounts |
| 11. dLocal | 46 | Emerging markets payouts | Platforms paying recipients in Latin America, Africa and Asia |
Weighted to recipient onboarding and payout methods: many sellers or workers, paid often, in the way each one prefers.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Trolley | 91 | Payouts and tax compliance platform | Platforms paying creators and sellers that want a full published price list |
| 2. Stripe Connect and Global Payouts | 83 | Platform payments and payouts | Platforms already taking payments on Stripe that want onboarding, tax forms and payouts in one place |
| 3. Tipalti | 77 | Payables and mass payments platform | Firms paying many contractors or creators across borders with full tax form handling |
| 4. Payoneer | 70 | Cross-border payments and mass payouts platform | Marketplaces paying sellers abroad into accounts, bank accounts or wallets |
| 5. Nium | 66 | Cross-border payouts infrastructure | Payment and fintech firms needing real-time payouts and licences in many markets |
| 6. Airwallex | 57 | Global business account and payouts API | Platforms wanting a published fee schedule and licences across Asia, Europe and the US |
| 7. PayPal Payouts | 56 | Mass payments to PayPal and Venmo | Businesses paying recipients who already use PayPal or Venmo |
| 8. Rapyd Disburse | 55 | Global payouts platform | Firms paying recipients by card, wallet or cash as well as bank transfer |
| 9. Routable | 54 | Payables and mass payouts platform | US firms paying many vendors and contractors from their accounting system |
| 10. Wise Business | 49 | Multi-currency account with batch payouts | Smaller firms paying overseas suppliers and freelancers into bank accounts |
| 11. dLocal | 47 | Emerging markets payouts | Platforms paying recipients in Latin America, Africa and Asia |
Weighted to tax form collection and published pricing: year-end tax reporting and a known cost per payment.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Trolley | 93 | Payouts and tax compliance platform | Platforms paying creators and sellers that want a full published price list |
| 2. Stripe Connect and Global Payouts | 84 | Platform payments and payouts | Platforms already taking payments on Stripe that want onboarding, tax forms and payouts in one place |
| 3. Tipalti | 75 | Payables and mass payments platform | Firms paying many contractors or creators across borders with full tax form handling |
| 4. Payoneer | 64 | Cross-border payments and mass payouts platform | Marketplaces paying sellers abroad into accounts, bank accounts or wallets |
| 5. Airwallex | 54 | Global business account and payouts API | Platforms wanting a published fee schedule and licences across Asia, Europe and the US |
| 6. Nium | 53 | Cross-border payouts infrastructure | Payment and fintech firms needing real-time payouts and licences in many markets |
| 7. PayPal Payouts | 50 | Mass payments to PayPal and Venmo | Businesses paying recipients who already use PayPal or Venmo |
| 8. Routable | 45 | Payables and mass payouts platform | US firms paying many vendors and contractors from their accounting system |
| 9. Wise Business | 44 | Multi-currency account with batch payouts | Smaller firms paying overseas suppliers and freelancers into bank accounts |
| 10. Rapyd Disburse | 40 | Global payouts platform | Firms paying recipients by card, wallet or cash as well as bank transfer |
| 11. dLocal | 37 | Emerging markets payouts | Platforms paying recipients in Latin America, Africa and Asia |
Weighted to reach and regulatory standing: payouts sent on behalf of their own customers, often across many countries.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Trolley | 88 | Payouts and tax compliance platform | Platforms paying creators and sellers that want a full published price list |
| 2. Nium | 83 | Cross-border payouts infrastructure | Payment and fintech firms needing real-time payouts and licences in many markets |
| 3. Stripe Connect and Global Payouts | 82 | Platform payments and payouts | Platforms already taking payments on Stripe that want onboarding, tax forms and payouts in one place |
| 4. Payoneer | 78 | Cross-border payments and mass payouts platform | Marketplaces paying sellers abroad into accounts, bank accounts or wallets |
| 5. Tipalti | 75 | Payables and mass payments platform | Firms paying many contractors or creators across borders with full tax form handling |
| 6. Rapyd Disburse | 69 | Global payouts platform | Firms paying recipients by card, wallet or cash as well as bank transfer |
| 7. Airwallex | 65 | Global business account and payouts API | Platforms wanting a published fee schedule and licences across Asia, Europe and the US |
| 8. Routable | 65 | Payables and mass payouts platform | US firms paying many vendors and contractors from their accounting system |
| 9. Wise Business | 62 | Multi-currency account with batch payouts | Smaller firms paying overseas suppliers and freelancers into bank accounts |
| 10. PayPal Payouts | 62 | Mass payments to PayPal and Venmo | Businesses paying recipients who already use PayPal or Venmo |
| 11. dLocal | 55 | Emerging markets payouts | Platforms paying recipients in Latin America, Africa and Asia |
Each criterion is scored 0 to 5 against the best published offer in this edition. 0 means not offered or not published.
| Provider | Global reach | Published pricing | Payee onboarding and tax | Payout methods and speed | Integration | Regulatory standing |
|---|---|---|---|---|---|---|
| Trolley | 5 | 5 | 5 | 4 | 4 | 4 |
| Stripe Connect and Global Payouts | 3 | 4 | 5 | 5 | 3 | 5 |
| Tipalti | 5 | 1 | 5 | 4 | 4 | 3 |
| Payoneer | 4 | 2 | 3 | 5 | 2 | 5 |
| Nium | 5 | 0 | 1 | 5 | 4 | 5 |
| Airwallex | 3 | 4 | 1 | 3 | 3 | 4 |
| PayPal Payouts | 3 | 3 | 1 | 4 | 3 | 3 |
| Routable | 5 | 0 | 1 | 3 | 4 | 3 |
| Rapyd Disburse | 5 | 0 | 0 | 5 | 3 | 3 |
| Wise Business | 2 | 1 | 1 | 3 | 4 | 5 |
| dLocal | 2 | 0 | 1 | 5 | 3 | 3 |
6 criteria, scored only from what each provider publishes.
The published number of countries and currencies a business can pay recipients in.
Per-payout fees for each method, the currency conversion margin (the mark-up on the exchange rate) and any platform fee, on a pricing or fee page. "From", "starting at" and "up to" prices do not count in full.
Whether the provider publishes three things: a hosted portal or form where recipients add their own details, identity or sanctions checks on recipients, and collection of tax forms such as the US W-9 and W-8 with year-end reporting such as the 1099 or the EU DAC7 seller report.
The ways a recipient can be paid (bank transfer, debit card, wallet, cash) and a stated delivery time.
An API (a direct connection from the client's own software), bulk file upload or a dashboard, accounting or ERP integrations, and self-serve sign-up.
Money transmission, e-money or payment licences published with the regulator and licence number, and security audits such as SOC 2 Type II or ISO 27001.
| Criterion | Marketplaces and gig platforms | Firms paying contractors and creators | Payment and fintech firms |
|---|---|---|---|
| Global reach | 20 | 15 | 25 |
| Published pricing | 15 | 20 | 10 |
| Payee onboarding and tax | 20 | 30 | 5 |
| Payout methods and speed | 20 | 10 | 20 |
| Integration | 15 | 15 | 15 |
| Regulatory standing | 10 | 10 | 25 |
| Criterion | 5 | 3 | 0 |
|---|---|---|---|
| Global reach | 190 or more countries and 100 or more currencies published | One count published, or about 100 to 190 countries | Not published |
| Published pricing | Per-payout fees for every method, the conversion margin and any platform fee on a pricing page | Some per-payout fees published, or fees capped with the cap not stated | Not published, or "from" prices only |
| Payee onboarding and tax | Recipient portal, recipient checks and tax form collection with reporting all published | Two of the three published | Not published |
| Payout methods and speed | Three or more payout methods and a stated delivery time | Two methods, or one method with a stated time | Not published |
| Integration | API, bulk upload or dashboard, accounting integrations and self-serve sign-up | API with one other option | Not published |
| Regulatory standing | Licences published with regulator and number, plus SOC 2 Type II or ISO 27001 | Licences or a security audit published, not both | Not published |
Score out of 100 is the sum of each criterion score divided by five and multiplied by its weight. The overall ranking is the mean of the segment scores. Ties are broken by payee onboarding and tax, then regulatory standing. A provider that does not publish a price is scored as though the price were high, because a business cannot plan on an unpublished price. Prices are scored on the standard published rate, never an introductory, promotional or "from" rate, and a figure counts only when it appears on a pricing, fee or terms page rather than in a marketing line. A provider that serves one country only is scored on access for that country, and the limitation is printed in its profile.
What each provider publishes, criterion by criterion, with the date read and the source.
A payouts platform with recipient identity checks, US and EU tax reporting and payouts to 210+ countries. It publishes the most complete price list in this edition, every licence with its number, and gives access to a SOC 2 report. No delivery times are stated.
| Global reach | Pays out to "210+ countries & territories" in "135+ currencies". |
| Pricing | Standard: "$0/year + transaction fees"; Pay $2,399 a year; Tax $2,399 a year; Trust $1,199 a year. Per payment: ACH $1.00, wire with FX $10.00, USD wire without FX $25.00, Venmo $1.50, debit card 1.00% ($1.50 min), PayPal $0; currency conversion 2.00%. Trolley Plus: "Talk to Sales". |
| Payee onboarding and tax | White-label onboarding; Trust covers identity verification and "11,230+ worldwide documents"; IRS statement $2.00 and digital platform reporting (DAC7) $3.00 per unit; tax automated across "30+ jurisdictions". |
| Payout methods | Domestic and international bank transfers, wires, PayPal, Venmo, US debit card and checks. |
| Integration | API and SDK; QuickBooks Online, Xero, NetSuite and Zapier; data exports to Snowflake and Redshift; 30-day trial with no credit card. |
| Regulatory standing | Trolley Payments UK Ltd: FCA payment institution, reference 771016; Trolley US Inc: FinCEN MSB 31000323661955, NMLS ID 2309944, with state licences listed by number; Trolley CA Inc: FINTRAC M18487871. SOC 2 report access offered. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: trolley.com, trolley.com, trolley.com.
Stripe's platform product pays connected sellers and service providers, with onboarding checks and automatic 1099 filing, and its Global Payouts product pays third parties in 160+ countries. It publishes clear platform and payout fees, US money transmission licences and PCI Level 1 with SOC 2 Type II. Global Payouts is open only to UK and US businesses, with EU access in private preview.
| Global reach | Global Payouts: "160+ countries"; Connect payouts: "118 countries". Sending available to businesses in GB and US; EU countries in private preview. |
| Pricing | "$2 per monthly active account"; "0.25% + 25¢ per payout sent"; Instant Payouts "1% of payout volume"; cross-border payouts "Starting at 0.25% of payout volume". Global Payouts: standard to bank $1.50; instant to debit card $1.50 plus 0.75%. |
| Payee onboarding and tax | Connect: "Onboarding with KYC and AML checks"; "Automatic 1099 generation and filing"; prebuilt forms let recipients enter their own details. |
| Payout methods and speed | Local bank transfers, wires, debit cards and crypto wallets; bank in 2 to 3 days, debit card in minutes. |
| Integration | API; "Create recipients and send money directly from the Dashboard". |
| Regulatory standing | Stripe Payments Company, NMLS No. 1280479, licensed as a money transmitter in the US states listed, including by the New York State Department of Financial Services. PCI Service Provider Level 1; SOC 1 and SOC 2 Type II reports produced annually. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: stripe.com, www.stripe.com, docs.stripe.com, stripe.com, docs.stripe.com.
A payables and mass payments platform covering a branded payee portal, tax form collection and reporting, and sanctions screening, across 196 countries. It states US money transmission licences and UK and EU e-money authorisation without licence numbers, and publishes only "starting at" plan prices.
| Global reach | "cross-border payments to 196 countries in 120+ currencies, using 50+ payment methods". |
| Pricing | Mass Payments: "Plans starting at" $348 CAD a month, with payment transaction fees extra; "does not offer a free tier" (Canada pricing page). |
| Payee onboarding and tax | "self-service onboarding via a branded payee hub or embeddable iFrame"; "digitally collects and validates W-9 and W-8 tax forms, as well as TINs"; "generate 1099 and 1042-S preparation reports"; DAC7 data collection; "tax ID validation, OFAC, and sanctions list screening of all payees". |
| Integration | "pre-built integrations and powerful APIs for your ERPs, accounting systems"; REST APIs. |
| Regulatory standing | "we hold money transmission licenses across every US state that mandates them"; "licensed Electronic Money Institution (EMI) in the UK and EU"; Tipalti Canada registered with FINTRAC. No licence numbers on the pages read. |
| Security | "ISAE 3402 (SOC1) and ISAE 3000 (SOC2) Type II certified"; "SSAE 18 SOC compliant". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: tipalti.com, tipalti.com, tipalti.com, tipalti.com.
A cross-border payments firm that pays recipients in 190+ countries into a Payoneer account, a local bank account or an e-wallet, and takes on recipient checks. It publishes licences with numbers in nine jurisdictions and PCI DSS Level 1 with SOC 2 Type II. Its sending fees are published only as "up to" figures, and tax form handling is not described.
| Global reach | Payees in "190+ countries and territories"; hold "up to 30 currencies" and pay out in "70 currencies". |
| Pricing | Sending to a recipient in the same country: "Up to 4.00 USD / EUR / GBP"; to another country: "Up to 1% + Up to 4.00 USD"; withdrawal to a bank, same currency: 1.50 USD; annual account fee 29.95 USD below 6,000 USD received. |
| Payee onboarding | Embeddable sign-up page or sign-up link for payees; "Entrust your KYC, AML, and other fraud prevention processes to us." Tax services mentioned in general terms only. |
| Payout methods and speed | "Payoneer account, local bank account or eWallet"; to Payoneer accounts "within minutes"; bank transfers "up to 3 business days". |
| Regulatory standing | FinCEN MSB 31000288349183; Central Bank of Ireland e-money authorisation 966835; FCA e-money authorisation 15-10-01734; Hong Kong MSO 00045; Kanto Finance Bureau 504803; RBI OPGSP PS20200604; MAS Major Payment Institution. |
| Security | "PCI DSS level 1 certified"; "SOC 2 Type II and SOC 1 Type II assessment conducted by independent audit firm". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.payoneer.com, payoneer.com, www.payoneer.com, www.payoneer.com.
Nium sends payouts to bank accounts, cards and wallets in 190+ countries and 100+ currencies, with 100+ real-time routes. It publishes licences by number in 14 jurisdictions and ISO 27001 with SOC 2 Type 2. It does not publish prices, and beyond account checks it does not describe recipient onboarding or tax forms.
| Global reach | "Reach 190+ countries in fiat or stablecoin"; payouts "in 100+ local currencies". |
| Pricing | Not published; "Rates and fees are surfaced at the time of the transaction." |
| Payout methods and speed | "Deliver to bank accounts, cards, or wallets, in fiat or stablecoin"; "100+ real-time corridors"; real-time markets "can settle same-day". |
| Integration | "Go live in days via API, SDK, or web portal"; "Validate beneficiary accounts instantly across 50+ countries". |
| Regulatory standing | NIUM Pte. Ltd. MAS Major Payment Institution PS20200276; Nium Fintech Limited FCA e-money institution 901024; UAB Nium EU Bank of Lithuania e-money licence No. 14; Nium, Inc. NMLS ID 1528562 with money transfer licences in 36 states; licences also listed for Australia, Canada, Hong Kong, Japan and others. |
| Security | Badges for PCI DSS, ISO/IEC 27001, SOC 2 Type 2 and SOC 1 Type 2. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.nium.com, www.nium.com.
Airwallex pays out to 120+ countries over local banking systems and 150+ by SWIFT, in 60+ currencies, from a multi-currency wallet. It publishes a full US fee schedule including transfer fees and conversion margins, and a licence list covering more than 20 countries. It does not publish recipient onboarding or tax form tools.
| Global reach | "Fast local payouts to 120+ countries and regions"; "SWIFT payouts to 150+ countries and regions"; "60+ currencies". |
| Pricing | US fee schedule: local transfers within USA and Canada $0; international local transfers $1 to $7 per transfer by currency; SWIFT SHA $15, OUR $25; conversion margin 0.50% for major currencies and 1.00% for others. |
| Payout methods and speed | Local and SWIFT bank transfers and instant transfers to other Airwallex accounts; "received in as little as one business day". |
| Integration | "Embedded components", "API and form schema" and "Native API"; "validating beneficiaries and payout details before creating payouts". |
| Regulatory standing | Airwallex US, LLC (NMLS #1928093) money transmitter; Airwallex (UK) Ltd FCA e-money institution 900876; AWX Lithuania, UAB e-money institution 88; Airwallex (Singapore) Pte. Ltd. MAS Major Payment Institution PS20200541; licences listed for Australia, Hong Kong, Japan, Canada and others. |
| Security | "PCI DSS, SOC1, and SOC2 compliance" (SOC 2 type not stated). |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: airwallex.com, airwallex.com, help.airwallex.com.
PayPal's mass payment product sends money to recipients' PayPal or Venmo accounts by email, phone number or PayPal ID, across 156 markets. It publishes a per-payment fee for US dollar payouts, though the 2% web fee cap is not stated, and lists its US licences by NMLS number. It does not publish bank or card payouts, recipient checks or tax forms on the pages read.
| Global reach | "You can make payouts in 23 currencies and over 156 global markets." |
| Pricing | USD via Payouts Web: 2% of the transaction amount, subject to a maximum fee cap (amount not stated); USD via Payouts API: $0.25 per transaction; other currencies: 2% on Payouts Web, API rate varies by currency. "Payout recipients pay no fee." |
| Payout methods and speed | Payouts to PayPal or Venmo accounts (Venmo "available in US only"); recipients get funds "immediately". |
| Recipient onboarding | Recipients without an account receive "a link to claim their money". Tax forms not mentioned. |
| Integration | "Set up payments with Payouts API, use Payouts Web, or manually upload a file via SFTP." |
| Regulatory standing | PayPal, Inc., NMLS ID 910457, licensed for money transmission in 49 states, DC, Guam, Puerto Rico and the US Virgin Islands. Security certifications not on the pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.paypal.com, www.paypal.com, www.paypal.com.
Routable sends mass payouts to 220+ countries in 140+ currencies, with white-labelled self-onboarding for payees, CSV payouts and accounting sync. It holds SOC 1 and SOC 2 Type II and relies on named partners for money movement. It does not publish prices on its own pages, and its tax tools are named but not described.
| Global reach | International payouts "in 140+ currencies, to 220+ countries and territories". |
| Pricing | Claims "30% less than competitors"; no fee schedule on the pages read. |
| Payee onboarding | Payees "securely onboard themselves through a white-labeled, guided workflow"; "Tax Management" named as a feature without detail. |
| Payout methods and speed | Instant payouts "available within seconds"; international "in as little as 1-3 business days". |
| Integration | "Easy-to-use REST API"; CSV payouts that validate payment details; "real-time two-way sync with 99.8% accuracy" with accounting systems. |
| Regulatory standing | "Routable is SOC 1 & SOC 2 Type II certified." Money movement through partners: Visa Global Services Inc. (licensed money transmitter, New York Department of Financial Services), The Currency Cloud Limited (FCA e-money) and Convera USA, LLC. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: routable.com, routable.com, routable.com.
Rapyd's payouts product pays recipients in 190+ countries and 120+ currencies by bank transfer, card, e-wallet and cash, with real-time transfers in 50+ countries. It publishes licences with numbers in the UK, EU, Singapore, Hong Kong, Israel and the US. It does not publish prices, security audits, recipient onboarding or tax tools on the pages read.
| Global reach | "make payouts in over 190 countries"; "Choose from 120+ currencies." |
| Pricing | Not published on the pages read. |
| Payout methods and speed | "bank transfers, eWallets, cards, and cash"; card payouts to Mastercard and Visa; real-time transfers in "over 50 countries". |
| Integration | Available "through an API integration" and a Client Portal; one-to-one and mass payouts. |
| Regulatory standing | Rapyd Payments Limited FCA e-money institution 900688; Rapyd Europe hf. Central Bank of Iceland e-money institution; Rapyd Holding Pte. Ltd. MAS Major Payment Institution PS20200311; Rapyd HK Limited MSO 19-06-02796; Rapyd Financial Technology US Inc. FinCEN MSB 31000258164740. |
| Security | No security certification named on the pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: rapyd.net, docs.rapyd.net, www.rapyd.net.
Wise sends payouts to bank accounts in 70+ countries in local currency, with a batch tool for up to 1,000 payments and an API. It publishes its FCA reference and SOC 2 Type 2 and ISO 27001. Sending fees are published only as "from" percentages, and recipient onboarding and tax forms are not described.
| Global reach | "Make payouts to 70+ countries in local currency"; "Hold over 50 currencies". |
| Pricing | Set-up: "All in for 31 USD"; sending priced by currency "From 0.23%" (US business pricing page). |
| Payout methods and speed | "we do payouts directly to bank accounts"; "more than 50%* arrive within one hour and the rest arrive within one business day". |
| Integration | "Use our Batch Payments tool to make up to 1,000 payouts in one go" by CSV; "For fully automated payouts you can connect with the Wise API." |
| Regulatory standing | "Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507"; US money transmitter; Wise Australia AFSL 513764. |
| Security | "SOC 1 type 2, SOC 2 type 2, PCI DSS and ISO 27001 certified". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: wise.com, www.wise.com, wise.com.
dLocal pays recipients in 60+ emerging markets in local currency over bank transfer, wallets, mobile money, cash and real-time schemes, funded in US dollars, euros or stablecoins. It publishes its Malta authorisation and states 30+ licences. It does not publish prices, security audits or recipient onboarding and tax tools.
| Global reach | "60+ emerging markets" across Latin America, Africa and the Middle East, and Asia; funding "in USD, EUR, or stablecoins", settled in local currency. |
| Pricing | Not published; pricing "typically includes a transaction fee per payout, an FX spread", proposed after contact with sales. |
| Payout methods and speed | "bank transfers, wallets, mobile money, cash, and real-time schemes"; "Delivered in seconds, not days." |
| Integration | "one API that covers all solutions"; payouts "by API, file, or SFTP"; sandbox before go-live. |
| Regulatory standing | "DLocal Limited (Company Registration Number C77538) is authorised by the Malta Financial Services Authority" for e-money and payment services; Demerge Nigeria regulated by the Central Bank of Nigeria; portfolio of "over 30 licenses and registrations worldwide" (June 2025 release). |
| Security | No security certification named on the pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: dlocal.com, dlocal.com.
The index is paid for by nobody.
No provider pays to be assessed, listed or ranked, and there are no sponsored places. Providers do not apply: BCC selects the providers a business is likely to consider and scores them from their own pages. Any provider may ask to be assessed; the request changes nothing about the score.
Every figure is read from the provider's own pricing, product, legal or help page on the date shown. Providers may send corrections to [email protected]; a correction changes the page only where the provider's own page supports it. Every provider is re-read monthly and a new edition is published each October.
Payroll and employer-of-record services, consumer money transfer apps, and accounts payable tools that pay only domestic suppliers are left out. Banks that offer bulk payments only inside their own business banking are not assessed in this edition. Thunes, which runs a cross-border payout network, is left out because its own pages could not be read for this edition. Card issuing, cross-border remittance and virtual account providers are ranked in their own indices.
Ranked providers may show the index badge on their own site.
The badge is free. The one condition is that it links to this page, so that a reader can check the score and the method behind it. It is withdrawn if the link is removed or the provider leaves the index.
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Nobody. No provider pays to be assessed, listed or ranked.
A single instruction that pays many recipients at once, such as a marketplace paying its sellers each week or a platform paying thousands of creators each month. The provider converts currency where needed and sends each payment on the local banking system or to a card or wallet.
A US firm paying contractors must collect a W-9 or W-8 tax form from each one and file year-end 1099 returns, and an EU marketplace must report seller income under DAC7, the EU rule on platform reporting. A provider that collects these forms and produces the reports removes a large manual task.
A "from" price is the lowest price on offer and an "up to" price is the highest. Neither tells a firm what it will pay on its own payments. Only a stated per-payout fee and conversion margin count in full.
No. The provider holds its own licences for moving money, but a firm that holds customer funds or pays on behalf of others may still need its own licence. The firm also stays responsible for its own tax reporting.
No. The index compares published facts and is not a recommendation to use a particular provider.
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