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.
Features7/15
See allMust 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
PricingTiered
See allStartup
- 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
- 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.
