Global payroll payments, settled across borders
Running payroll in several countries means moving money in several currencies, every cycle. KwiikPay is the cross-border payout leg behind global payroll — it converts and disburses salaries in local currency so your team is paid on time, wherever they are.
The real problem in global payroll
Payroll platforms are good at the hard part most people see — calculating gross-to-net, tax, deductions and filings. But once net pay is known, there’s a second, quieter problem: getting the money to people in different countries, in their own currencies, every single cycle.
That’s a treasury and payments problem, not an HR one. Each market has its own banking rails and cut-off times; every cross-currency payment carries an FX conversion; and banks tend to charge a retail mark-up on each one. Multiply that across a distributed team and the friction — and cost — compounds monthly.
KwiikPay handles that leg: the cross-border movement of net pay.
What KwiikPay does (and doesn’t)
| Your payroll / EOR provider does | KwiikPay does |
|---|---|
| Gross-to-net calculation | Multi-currency funding accounts (GBP / EUR / USD) |
| Tax withholding & filings | Wholesale FX on the conversion leg |
| Compliance & employment records | Local-currency payouts to 80+ countries |
| Payslips & reporting | Batch disbursement via the payouts API |
KwiikPay does not run payroll. It makes the payments that payroll produces land cleanly, on time, in local currency.
How a pay cycle runs
- Fund a multi-currency account in your base currency.
- Upload or push the cycle’s net amounts — per employee, per country.
- Convert at wholesale FX only where currencies differ.
- Pay out the whole cycle as a batch, with reconciliation across funding, FX and payout legs.
Who it’s for
- Companies with distributed teams paying salaries in multiple currencies each month.
- Payroll and EOR platforms that want a single, embeddable disbursement layer rather than local banks in every market.
- Finance teams consolidating multi-country payroll funding into one account and one FX relationship.
The same rail covers Employer of Record payments for outsourced employment and contractor payments for freelancers.
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. It’s the payout rail under your payroll — built so the last mile of pay is fast, local and predictable.
FAQs
Is KwiikPay a payroll platform?
No. KwiikPay does not calculate gross-to-net pay, run tax withholding or file payroll. It's the cross-border payment rail that takes net amounts and moves them to employees across currencies and countries. It works alongside your payroll or EOR provider, not instead of it.
Can we pay each employee in their own currency?
Yes. Hold funds in GBP, EUR or USD and pay out in the destination currency. Workers receive local funds, so they don't carry conversion cost or delay.
How many countries can you pay into?
80+ countries across 30+ corridors. Coverage depends on the destination; the corridors KwiikPay operates are shown during onboarding.
Can we run a whole pay cycle in one batch?
Yes. Fund a multi-currency account once, then disburse the cycle as a batch through the payouts API or as individual payments, with a clear record of every leg.
What does it cost?
Wholesale FX on the conversion leg plus a payout fee — no retail FX mark-up. See the pricing page for current rates.