Trans-Fast
Financial ServicesNew York, United States501-1000 Employees
Transpay is a cross-border mass payout service offered by Transfast that enables businesses to send payments to vendors, business partners, freelancers and other recipients in more than 140 countries. The service operates within the Mastercard ecosystem, as Transfast joined Mastercard in 2019. It is licensed as a money transmitter by the New York State Department of Financial Services, with the exact scope and cost of offerings subject to regulatory requirements and other constraints. Headquartered in New York City, the company positions itself as a scalable provider of international payouts for B2B and B2P use cases across a global network. Transpay serves businesses that need compliant, cross-border payout capabilities and is connected to Mastercard’s broader payments platform.