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