Tipalti Extends ACH Payments Services to 58 Countries Worldwide

May 6, 2015         By: Michael Cheng

Tipalti, a leading global payments solutions firm, announced it is expanding support for an additional 58 countries. The new coverage includes major locations in Latin America, Europe, Asia Pacific, Africa, and the Middle East.

In addition to forming international partnerships, the company also updated its wire transfer services for local CNY (China) and MYR (Malaysia) currencies. Individuals who are interested in registering an account to make payments through the platform can now choose from the following languages: Simplified Chinese, Japanese, Korean, Portuguese, Russian, and Spanish.

“As our network economy customers continue to expand their international partner and supplier footprint to new markets, we will continue to provide more and more payment options around the world to support our clients’ rapid global growth,” said Chen Amit, founder and CEO of Tipalti.

Tipalti launched its services in 2011 and has continued to refine and improve its payments products. In October 2014, the business raised $13 million in funding after a successful Series B round led by Wicklow Capital.

Since then, Tipalti moved its headquarters from Agoura Hills, CA in the San Fernando Valley area to Palo Alto, CA. The company also has an office in Israel where research and development, and product management are prioritized.

Tipalti’s thorough approach to business payments solutions focuses on offering an extensive range of transaction methods, from prepaid debit cards to PayPal.

“The enterprise-class reconciliation, communication, tax and regulatory compliance capabilities of Tipalti, have elevated our mass-payout process to highest industry standards while significantly increasing publisher satisfaction and loyalty to our brand,” TapJoy mentioned in a statement provided to VatorNews.

The cloud-based payments system services over 300,000 payees around the world. Notable clients include Chartboost, TouchofModern, PulsePoint, Disqus, Matomy, MUNDOmedia, Perion Codefuel, ClickDealer, Boost Media and Seeking Alpha.