Mass payment facilitator Tipalti is bringing its technology to advertising payments through a partnership with Cake Marketing, which provides services for performance-based marketing.

"If the [payees] are in multiple countries, the paying company has to understand which countries require which data to execute a payment. And of the available means to pay, which is the most efficient, or fastest or least costly. This requires a big payment network and a lot of very specific expertise," says Patricia McGinnis, a director at Mercator Advisory Group.

May 6, 2013

Article One Partners, the world's largest patent research community, has teamed up with Tipalti, the online automated global mass payment platform, to expand payment method and currency options and streamline the company's international payment process.

April 23, 2013

Although the terms crowdsolving and crowdsourcing are frequently used interchangeably, the latter term increasingly is being used to describe the concept of staff and resource elasticity that provides the underlying structure which makes crowdsolving feasible.

The main benefits of crowdsourcing are flexibility and cost savings, says Chen Amit, CEO of Tipalti, a cloud-based payment solution for crowdsourcing and crowdsolving networks and other users.

April 22, 2013

CAKE is now integrated with Tipalti, the online automated global mass payment platform that makes it fast, easy and affordable to send payments to any vendor in 190 countries.

April 18, 2013

Article One Partners occupies a distinct niche—it uses crowdsourcing to combat patent trolls—an international mission that's a payments challenge.

Article One recently outsourced payments management to Tipalti, an Agoura Hills, Calif.-based mass payments provider, which hosts a payments engine that manages the forms ArticleOne uses to set up payments to its researchers.

March 18, 2013

Partner with suppliers that are well-versed with international regulations governing finance, while allowing your business to focus on its growth and market strategies.

March 14, 2013

MycroBurst’s global community of over 40,000 custom logo designers will now have a larger number of options for receiving payment. MycroBurst has launched a new process provided by Tipalti, an automated online mass payment system that makes global payments simple.

Risks with bankers don’t end there. Companies can also suffer dire consequences when they are trading globally and they fall out of compliance with local, national or international regulations.

“One of the basic risks that companies doing business globally, and even within the U.S., must manage is trade compliance,” says Chen Amit, CEO and founder of Tipalti

Since launching in the Spring of 2011 and securing its first customer in InfoLinks, the [Tipalti] platform has grown exponentially, with more than 15 employees managing dozens of businesses ranging from small startups to blue chip customers. Each month millions of dollars are paid out through Tipalti across 160 countries in a variety of local currencies the most common one being the US dollar, Euro, Indian and Pakistani Rupee, Pound, and the Canadian dollar. It is a rate of growth that, despite the likelihood of similar platforms emerging, could see Tipalti secure a top place as the provider of choice for on-line mass payments.

January 17, 2013

Bank cores are racing to keep up, as demands for new services and products challenge an infrastructure that, in many cases, is older than some of the financial institutions' customers.

"The Flat Earth" has come to money, and this is posing challenges that are anything but small to many financial institutions.

Recently, I had the chance to speak with Chen Amit who will be speaking at Affiliate Summit West, taking place in Las Vegas on January 13-15, 2013 at the Caesars Palace.

Chen is one of the industry experts in the Affiliate Summit Ask the Experts Roundtables session being held on Monday, January 14th at 5:00pm.

He will be discussing the topic “The Science of Affiliate Payments”

Tipalti’s customer base includes ad networks and crowdsourcing companies. These companies need to pay many people internationally at one time and can save time and money by using a mass payment system like Tipalti’s.

Tipalti specializes in international mass payments, handling complexities not always associated with domestic person-to-person or business payments. Once Tipalti’s customers provide a payee ID and the amount being transferred, Tipalti researches the country, method, payment details, status of tax form (W9) submission and performs screening for Office of Foreign Assets Control requirements.

Tipalti has announced a white-label functionality that integrates to a company’s web environment and steps payees through the process of providing all the data and other forms necessary to receive funds successfully in the destination country. 

One element that distinguishes Tipalti from other providers in the space is the broad range of payment options that the payee can choose from – which includes global ACH, paper check, wire transfer, PayPal, Western Union, and Payoneer. And for those companies that need to make payments in the United States there is the option of the U.S. ACH network. 

If you happen to run a global online advertising network or a crowdsourcing network, you face a blizzard of complexity when it comes to getting funds to your payees. Each country has different rules for different forms of payment and the fees you have to pay for, say, a wire transfer, are likely to vary all over the map.

And then there is the myriad of regulations that countries enforce to block money laundering and funding of terrorism. Simply put, unless you are Google (GOOG) or another huge operator of online advertising networks, you don’t have the resources to stay on top of all that complexity and getting it wrong can be quite costly.

Fortunately for those smaller players, there is a service that lets you outsource that complexity to a third party, That’s what Tipalti is all about, as its founder and CEO Chen Amit, explained in a September 24 interview.

Startups and large companies alike have sought to disrupt the payments space, but it has largely been a one sided effort. Square, Stripe, Paypal, and others focus primarily on collecting payments. Tipalti has taken the opposite approach, helping “mass payers” distribute payments around the world.

Tipalti has created an “automated end-to-end global payment engine” that supports a full range of localized payment methods and currencies in virtually any country. These methods include ACH / Direct Deposit, Global-ACH / International Local Bank Transfer, paper check, wire transfer, PayPal, prepaid debit card, and cash via Western Union.

With the goal of making the process as frictionless and comfortable for each payer as possible, Tipalti uses the payer’s own bank account without the need for any third-party transfers. Also, the company offers white-labeled payee registration and payment selection sites, branded to match the payer website’s look and feel.