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The following rates are interbank rates. This is the rate at which banks buy and sell money from each other. These rates are not available to private individuals or small to medium companies. They are therefore provided for indicative purposes only. For a quote please phone our team.

Resources

Walk Through Transfermate

Background

As one of the world’s largest online platforms for home goods and ideas, Wayfair employs over 10,000+ people, helping to service their global market. Through their cutting-edge technology and innovation, Wayfair makes it possible for shoppers to choose from over 18 million items, quickly and easily to find exactly what they’re looking for. This includes anything from home furnishings to décor, home improvement, and more.

Challenge

Wayfair needed an international payments solution to pay global employees. One of the company’s core requirements was a solution that integrated with WorkDay—their tool of choice for payroll management. 

Solution

TransferMate’s API made it possible for Wayfair to seamlessly integrate TransferMate with WorkDay. Wayfair now has a one-stop payments solution embedded in their payroll management software—ensuring their global workforce receives payroll payments on time, and in their local currency. 

Wayfair has also benefitted by saving administrative time, improving cash flow, and gaining full transparency over the payment lifecycle. 

Notification

Use bulk payments to make up to 10,000 payments to employees or partners with a single click