Paying international contractors means wire fees of $25–$50 per payment, poor FX rates losing 2–4%, and compliance nightmares. 1099 generation for US contractors is manual. W-8BEN collection for international contractors requires manual tracking. PayPal charges 3.5% currency conversion. Misclassifying contractors risks $50K+ penalties.
Global contractor payment platform that handles local currency payouts, automated tax form collection and generation, compliance classification, and instant payments via local payment rails — at a fraction of wire transfer costs.
Companies hiring 10+ international contractors, startups with remote-first international teams, and agencies paying freelancers across multiple countries
Remote work went global permanently. Companies hire contractors in 50+ countries routinely. IRS enforcement on 1099 compliance increasing. Local payment rail APIs reduce costs 90% vs SWIFT wires.
Per-payment: $3/domestic, $5/international (vs $25–$50 wire). Platform: $49/mo (up to 10 contractors), $99/mo (50 contractors), $199/mo (unlimited + API). FX markup: 0.5%.
$25–$50/wire, 2–4% FX loss, manual 1099s, compliance headaches
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