Automated Bulk Payout API
tremendous.comSummary
Tremendous provides a platform for businesses to send bulk payouts, rewards, and incentives globally. It supports various payout methods including monetary transfers (ACH, PayPal, Venmo), gift cards, and prepaid cards, with features like API integration, bulk uploads, and customizable branding. The service aims to simplify mass payments for purposes such as employee rewards, customer incentives, and research participant compensation.
Features9/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
7 of 10
Batch Payments
API Integration
Business Account Features
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
PricingFreemium
See allUnder $200K Annual Payouts
- Free access to global payouts platform
- 2,000+ reward options
- Bulk uploads
- API access
- Integrations (5,000+ tools)
- Fraud controls
- Customized branding
- Automated language translation
- Currency conversion
- Dedicated recipient support team
- Reward and order tracking dashboard
- Financial reporting reconciliation
- W-9 collection
- Fraud prevention tooling
- Order approvals and spend limits
- Multi-layered security with SOC 2 compliance
- Account takeover prevention
- Monetary options (Venmo, PayPal, bank transfers) may incur a 4-6% fee
- Credit card funding may incur a 3% processing fee
Over $200K Annual Payouts
- All features of the under $200K tier
- Volume discounts on gift cards and more
- Dedicated customer support
- 1:1 onboarding
- Monetary options (Venmo, PayPal, bank transfers) may incur a 4-6% fee
- Credit card funding may incur a 3% processing fee
Rationale
Tremendous offers a platform for businesses to send bulk payouts, including monetary options like ACH, PayPal, and Venmo, and also gift cards and prepaid cards. While it facilitates international payouts and mentions currency conversions, it does not explicitly state transfers at the mid-market exchange rate or offer a multi-currency account for holding balances, which are core to the Wise concept. It does, however, align with transparent fees (free for many options, stated fees for others), fast execution, batch payments, API integration, business account features (teams, approval workflows), mobile app (implied by recipient experience), regulatory compliance (SOC 2), multi-user access, and customer support.
