Summary

Dots provides an API-first payment infrastructure for businesses to streamline and automate international payouts to contractors, freelancers, and marketplace sellers. It offers global coverage, competitive foreign exchange rates, and handles compliance like KYC/KYB and tax document collection. The platform aims to simplify complex money flows and enable batch payouts at scale.

Features
7/15
See all

Must Have

3 of 5

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Fast Transfer Execution

Multi-Currency Account

Borderless Debit Card

Other

4 of 10

Batch Payments

API Integration

Business Account Features

Regulatory Compliance

Real-Time Rate Alerts

Invoice Creation

Spending Analytics

Mobile App

Multi-User Access

Customer Support

Pricing
Tiered
See all

Startup

$1,000.00 monthly
  • Payout Links
  • Domestic Payouts
  • International Payouts
  • Payouts Tax Management
  • Payouts across all channels
  • Instant Refills
  • ID Verification
  • Background Checks
  • Dots' Wallet System
  • Dots Ledger
  • Loyalty Management and Credit System
  • Volume-based Discounts
  • Quickbooks Integration
  • No Dedicated Slack Channel
  • No Live Payee Support
  • No Priority Feature Requests
  • No Custom Reporting

Enterprise

Custom
  • Payout Links
  • Domestic Payouts
  • International Payouts
  • Payouts Tax Management
  • Payouts across all channels
  • Instant Refills
  • ID Verification
  • Background Checks
  • Dots' Wallet System
  • Dots Ledger
  • Loyalty Management and Credit System
  • Volume-based Discounts
  • Dedicated Slack Channel
  • Quickbooks Integration
  • Live Payee Support
  • Priority Feature Requests
  • Custom Reporting
Rationale

Dots offers an International Payments API that enables businesses to send global payouts with competitive foreign exchange rates, which aligns with 'Mid-Market Exchange Rate Transfers' and 'Transparent Low Fees' (implied by 'bank-beating FX'). The platform emphasizes fast and automated payouts, supporting 'Fast Transfer Execution' and 'Batch Payments'. It is primarily an API-driven solution, directly matching 'API Integration'. Dots also highlights features for businesses like KYC/KYB compliance and tax document collection, which fall under 'Business Account Features' and 'Regulatory Compliance'. However, it does not explicitly offer a multi-currency account or a borderless debit card for end-users to hold and spend multiple currencies directly, as Wise does. Instead, it focuses on enabling businesses to pay recipients in their local currency or allow recipients to choose conversion.