Paybis has expanded its global crypto and fiat payment services to include Mass Payouts, a high volume payment product designed for businesses that require sending multiple payments quickly and effectively (including payment processors, payroll platforms, fintechs, and companies managing regular cross-border disbursements). The product is available across more than 180 countries, allowing businesses to accept crypto payments and to make payouts in crypto without the need for any software development in-house.
How Mass Payouts work
Mass payouts eliminate costly traditional wire transfer fees and waiting periods associated with remittances. International wire transfers through major banks typically cost USD 40 to USD 65 per transaction, plus intermediary bank fees, exchange rate markups, and other extra costs that can add up to USD 100 or more. With Mass Payouts, remittances can be settled in near real time using crypto balances, and can cost a fraction of a regular international wire transfer.
Now, businesses can fund a single balance with either fiat or crypto and use it for mass payouts across both methods, with fiat deposits accepted in more than 30 currencies and no additional charge.
Key features include:
- Built-in revenue generation. Businesses charge companies their markup or margin for each payout.
- International Bank Account Number (IBAN) accounts will be issued within three (3) business days and will enable business-to-business (B2B) fiat collections using Single Euro Payments Area (SEPA), Society for Worldwide Interbank Financial Telecommunication (SWIFT), and Faster Payments Service (FPS) networks without the need for a bank account.
- Unlimited transaction volumes with no batch size caps.
- No setup costs for using Mass Payouts service, no network or maintenance fees, with flexible tier-based pricing.
- Bank-level reconciliation reports generated at the line item level, which display both the sender’s IBAN and corresponding blockchain transaction hash.
- Full compliance management vetting by Paybis.
The state of blockchain payments
While the use of crypto for payments has increased significantly, many businesses are still experiencing issues with fragmented infrastructures, which involve using separate service providers for payment methods such as fiat onboarding, converting crypto, and distributing payouts. However, Mass Payouts offers an integral payment processing platform for businesses, enabling them to accept both fiat and crypto payments from a single balance and provide regular reports on these transactions.
Mass Payouts also allows businesses to view all of their incoming payments from both fiat and crypto sources, such as Bitcoin (BTC) and stablecoins, in one place, making it much easier to manage cash flows.
Paybis has been in operation since 2014 and was recently awarded the title of the Best Crypto Payment Provider for 2026 at the AIBC World Awards in Dubai. As part of their continued efforts to expand the availability of Paybis’ services to merchants worldwide, the platform now supports GBP/EUR/USD so that merchants can accept fiat payments through an Application Programming Interface (API) and view enhanced statements for the accounts associated with those transactions.