Use case

Pay international contractors, in their currency

Paying contractors abroad shouldn't mean a wire fee and a bad exchange rate every time. KwiikPay lets you fund once in GBP, EUR or USD and pay contractors and freelancers in their local currency across 80+ countries — one by one or in a single batch.

Paying contractors abroad is a payments problem

Hiring contractors and freelancers across borders is easy. Paying them well is not. Every international bank wire tends to come with a flat fee and a retail exchange rate, and the contractor often loses again on the receiving end. Do that across a dozen people in several countries and the cost — and the admin — adds up fast.

KwiikPay turns that into a single, predictable flow: fund once, pay everyone in their own currency.

How it works

  1. Fund a multi-currency account in GBP, EUR or USD.
  2. Add your contractors and the amount each is owed.
  3. Pay out in each contractor’s local currency — one at a time, or the whole list as a batch.
  4. Reconcile with a clear record of every payment, with wholesale FX applied only where currencies differ.

No marked-up retail rates, no per-wire surprises, and your contractors receive local funds they can use immediately.

Why businesses use KwiikPay for contractor payments

  • Wholesale FX, not retail. The conversion leg uses wholesale rates, so more of what you pay reaches the contractor.
  • 80+ countries, 30+ corridors. Reach the markets your team actually works in.
  • Batch payouts. Run a full payment cycle in one step instead of a dozen separate wires.
  • One account, many currencies. Hold GBP, EUR and USD and pay out locally, all from one place.
  • API or dashboard. Automate payouts via the payouts API, or run them by hand — whatever fits your workflow.

What KwiikPay is — and isn’t

KwiikPay is the payments rail. It moves money across borders and handles the FX. It does not issue contracts, send invoices, or manage contractor tax — those stay with you and your contractor. That clarity is deliberate: KwiikPay does one thing, the payment, and does it cleanly. For salaried staff rather than contractors, see global payroll payments and Employer of Record payments.

In Canada, KwiikPay is registered as a Payment Service Provider under the Retail Payment Activities Act (RPAA, supervised by the Bank of Canada) and a Money Services Business with FINTRAC, and screens the businesses it onboards.

Fund in one currency. Pay contractors in theirs. Across 80+ countries, in one rail.

FAQs

How do I pay international contractors with KwiikPay?

Fund a multi-currency account in GBP, EUR or USD, then pay each contractor in their local currency — individually or as a batch through the payouts API. KwiikPay handles the FX conversion and the cross-border payout in one flow.

Which countries can I pay contractors in?

80+ countries across 30+ corridors. The available destinations are shown during onboarding; coverage depends on the corridor.

Do contractors need a KwiikPay account?

No. Contractors receive funds into their own local bank account in their own currency. You manage everything from your side.

Can I pay many contractors at once?

Yes. Batch payouts let you run a whole list in one go, with a single funding step and a clear record of every payment and FX leg.

Is this cheaper than bank wires?

Usually. KwiikPay uses wholesale FX rather than a retail mark-up, and avoids the flat per-wire fees banks add to every international transfer. See the pricing page for current rates.

Does KwiikPay handle contractor tax or contracts?

No. Contracts, invoicing and tax stay with you and your contractor. KwiikPay handles the payment — the cross-border money movement and FX.

Related
Multi-currency business accounts Payouts API Global payroll payments Employer of Record payments Pricing

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