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Papaya Global

papayaglobal.com
Summary

Papaya Global provides a SaaS platform designed to simplify global workforce payments for businesses. It enables automated cross-border payments to employees and contractors, offering features like virtual IBAN accounts for centralized funding and transparent fee structures. The platform focuses on streamlining international payroll and ensuring compliance.

Features
7/15
See all

Must Have

3 of 5

Transparent Low Fees

Multi-Currency Account

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

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

Rationale

Papaya Global offers a SaaS platform for global payments, primarily targeting businesses for workforce payments (employees, contractors, freelancers). While it facilitates cross-border payments and emphasizes transparency in fees, it doesn't explicitly mention 'mid-market exchange rate transfers' or a 'borderless debit card' for individual use, which are key 'must-have' features for Wise. However, it does offer multi-currency accounts (virtual IBANs), fast transfers, transparent fees, batch payments, API integration, business account features, and regulatory compliance, aligning with several 'must-have' and 'other' features.