Every global payout has a hidden passenger: the conversions it takes to get there. A business holds euros, converts them to dollars, then converts those dollars again into pesos, rupees, or pounds. Each step takes a cut, and the person at the end of the line ends up with less than they earned.

Starting today, MassPay removes that extra step. Businesses can now collect funds in a wide range of currencies and pay out to 180 countries in each payee's local currency - with just one currency conversion.

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The problem with paying through the dollar

For years, paying a global workforce, creator base, or seller network has meant routing money through an intermediary currency, usually USD. Funds get converted into dollars first, then converted again into each destination currency.

That second conversion isn't free. Every hop adds FX cost, spread, and slippage, plus more reconciliation work for the finance team. And in most cases, that cost doesn't stay with the business. It gets passed down to the payee in the form of a smaller deposit.

For a freelancer in Manila or a seller in Lagos, a few percent lost to conversions is the difference between a good month and a tight one.

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ne FX hop, straight to local currency

With MassPay, clients fund in the currency they already hold. MassPay converts once, directly into the payee's local currency, and the money lands in their account ready to spend. No detour through USD. No second spread.

"Every time money changes currency, a little value is lost, and it's almost always the payee who feels it. Businesses shouldn't have to convert into dollars just to convert out of them again. With a single FX hop, our clients fund in the currencies they already hold, and their payees are paid in the currency they live and spend in. It's simpler for the business, and more money reaches the people who earned it."

• Ran Grushkowsky, CEO and co-founder of MassPay

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What changes for payees and the businesses that pay them

• More money arrives. Fewer conversions means less lost to FX costs and slippage, so more of every payout reaches the payee.
• Paid in the currency they live in. Payees in 180 countries receive local currency, with nothing to convert on their end.
• One conversion, not two. No intermediary hop through USD or another base currency.
• Simpler treasury. Businesses fund in the currencies they already hold instead of managing a chain of conversions and the reconciliation that comes with it.

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Built on infrastructure that already delivers

Single-hop FX runs on the same global payout network MassPay clients use today. That includes real-time push-to-card, bank account, and wallet payouts through Visa Direct, a transaction success rate above 99.3%, and a dedicated support team with 24/7 coverage and a 7-minute average first response time.

In other words, this isn't a new rail to test. It's a better route on one that's already proven.

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Available now

Single-hop FX is available now to selected MassPay clients. Existing clients can start collecting in additional currencies and paying out with one conversion right away, with no changes to their current integration.

New to MassPay? Get started at masspay.io and see how much more of every payout can reach your people.

Because we care about your people getting paid, everywhere - and getting paid in full.

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