MassPay Insights

Alternative Payments Are Changing Payouts & Banking

Written by Jeff Katz | Feb 6, 2023 3:20:00 PM

If you had to guess, how many people would you say don’t have access to a bank account and traditional payment systems?

Whatever you said, it’s probably not high enough.

Global Bank estimates there are 1.4 billion adults around the world without a bank account 🏦

That’s almost 20% of the global population 🌍

But with the rise of alternative payments such as digital wallets, people are accessing financial services for the first time. We’re seeing a revolution in developing countries.

And we want to do our part to help out.

At MassPay, we make it easy for companies to do mass payouts anywhere in the world, in any currency, and in any way their payees choose.

Your payee doesn’t have a bank account? They can still get paid in cash, crypto, or via digital wallet – either ours, or their existing third-party wallet.

With more options than ever before, transparent conversion fees, and 54 currencies to choose from, we’re making payouts more accessible – no matter where payees are.