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Stripe Global Payouts

stripe.com
Summary

Stripe Global Payouts facilitates sending money to vendors, customers, and freelancers in their local currency. It provides a fast and secure way to handle payouts and supports mass payments. Stripe offers a solution for businesses needing to pay third parties globally.

Features
2/15
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Must Have

1 of 5

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Multi-Currency Account

Borderless Debit Card

Other

1 of 10

Batch Payments

API Integration

Real-Time Rate Alerts

Business Account Features

Invoice Creation

Spending Analytics

Mobile App

Regulatory Compliance

Multi-User Access

Customer Support

Rationale

Stripe Global Payouts enables businesses to send money to third parties in their local currency, which aligns with the 'Fast Transfer Execution' feature. The service also supports mass payments, which corresponds to the 'Batch Payments' feature. While Stripe handles international money transfers, it does not explicitly highlight mid-market exchange rates or multi-currency accounts in the same way as Wise.