the
CROWD PAYMENT
REVOLUTION
Learn more at transpay.global
#transpayatCSW15
CROWDSOURCING PAYOUTS
O v e r v i e w
Freelance
Marketplace
A
USERFreelancer
from Bangladesh
Freelance
Marketplace
B
Wire Transfers Global Payout Platform
COMMON CROWD PAYMENT METHODSAVAILABLE PAYMENT METHODS
eWallets
Bank Wire
Transfers
International
Prepaid Card
Crypto
Currencies
BANK WIRE TRANSFERS
Receiver’s
Bank
Source: Glenbook
Payment System Payment System
Sender’s
Bank
BangladeshNew York
SENDER
Correspondent
Bank ACorrespondent
Bank B
Local
Clearing
Bank
Local
Clearing
Bank
Na
tio
na
l B
ord
er
BANK WIRE TRANSFERS
1.3%
12.4%
4.8%
3.3%
2.9%
0.0%
4.0%
8.0%
12.0%
16.0%
CorrespondentFee
Bank Transfer BeneficiaryDeduction
FX Spread Total Cost
EWALLETS
1.0%
8.4%
0.8%
0.6%
2.0%
4.0%
0.0%
4.0%
8.0%
12.0%
Loading Fee CorrespondentFee
Transfer Fee BeneficiaryDeduction
FX Spread Total Cost
INTERNATIONAL PREPAID CARD
2.0%
9.9%
0.4%
1.9%
2.1%
3.5%
0.0%
4.0%
8.0%
12.0%
Activation Fee Monthly Fee Loading Fee Withdrawal fromATM
FX Spread Total Cost
CRYPTO CURRENCIES
GLOBAL TRENDS
T e c h n o l o g i e s & M a r k e t s
Source: Elance
RISE OF EMERGING MARKETS
Top 15 Freelancer Countries
2014 GLOBAL PAYOUT VOLUMES
C r o s s - B o r d e r P a y o u t s b y R e g i o n
Source: Transpay 2014
THE CHALLENGE
TECHNOLOGY CONNECTIVITY
STRONGER
EXPECTATIONS
EMERGING PAYMENT SOLUTIONS
Global Payment
Gateway
GLOBAL
PAYOUT
GATEWAYBangladesh
USA
UK
EU
ASIA
SENDER
Proprietary
System
Direct-to-Bank + Ease-of-Use
Speed Convenient
PAYING SMART – WHAT TO LOOK FOR
Licensed & Regulated No Landing Fees
Self-Owned Direct-to-Bank
Network No Beneficiary Deduction
Provide Live FX Capabilities Global Reach
API Integrations Using Single-
Point Connections KYC/KYP
FTP/Batch File Uploads Strict Compliance Policies
PAYING SMART – WHAT TO ASK
IS your network direct or through
third parties?
What AML/Compliance measures
do you take?
What are the most convenient
payment options for receivers?
How long will it take before
payments are received?
Is the payment platform licensed &
regulated in my sender’s local
jurisdiction?
What support is provided?
PLEASE THINK ABOUT THE
LOCAL PAYOUT IMPLICATIONS
ON THE FREELANCER.
Learn more at www.transpay.global
THANK YOU
Learn more at www.transpay.global
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