TopSource Worldwide selects Ebury as international salary payment partner – Ebury UK
We are delighted to announce a new partnership with TopSource in the world that will enable clients to accelerate their global workforce growth without the normal payroll and payment challenges.
bury will support TopSource Worldwide’s growing customer base of over 1,000 companies by making payments to thousands of employees.
Ebury’s proposal enables urgent, high volume payments in more than 140 currencies to 200 countries, as well as a dedication to customer service.
The integration of Ebury Mass Payments helps TopSource Worldwide remove barriers to growth for large-scale international clients.
opSource Worldwide, the global leader in payroll and employer registration, will use Ebury Mass Payment’s technology and capabilities to provide customers with a scalable payroll payment service that can make payments to employees based in more from 200 countries in 140 currencies.
The scalable service means that TopSource Worldwide customers, many of whom have employees in multiple global locations, will be able to rapidly increase their workforce without facing the practical challenges and cost of setting up a legal entity and a payroll function in the field in each country in which they are active.
Ebury, a leading fintech company that simplifies cross-border commerce and payments by providing international transaction, currency hedging and account collection solutions for businesses, has developed its own bespoke payments platform, which offers a host of pre and post-trade features, including:
- Country-specific bank account and payment terms
- Bulk upload of beneficiary data
- Validation of the data of the prepayment beneficiary
- Payment tests (Penny) before uploading
- Bulk payment multi-currency payment file downloads
- Recipient automatic payment email notification
- Exportable transaction reports
Ebury’s platform ensures that funds are channeled quickly, affordably, and in a way that minimizes the risk of deductions for employees. Ebury’s payment hub uses Faster Payments, SEPA, ACH and Swift to ensure that its secure payments reach the intended beneficiary without any unexpected deductions, while its dedicated customer service is available 24/7 to provide support and advice.
TopSource Worldwide, which was formed in August 2021 from the merger of TopSource Global Solutions and PEO Worldwide, selected Ebury Mass Payments as Global Payroll Partner following a competitive bidding process . TopSource Worldwide currently makes payments to thousands of employees at over 1,000 companies worldwide.
Owain Walters, Managing Director of Ebury Mass Payments, commented :
“We are delighted to partner with TopSource Worldwide to help high growth companies grow their international operations. Global employment trends and the proliferation of high-growth technology companies have seen this type of “last mile” payment gain strategic importance for companies looking to expand overseas.
Paul sleath, TopSource Worldwide CMO, commented :
“This partnership comes at an exciting time for the company as TopSource Worldwide continues to grow as an experienced and trusted payroll service provider and employer of choice.
Providing high quality and reliable service is of paramount importance to our customers, which is why Ebury’s combined offering of people and technology, coupled with its expertise in scale and risk management, made it a natural fit for us. Previously, this type of service was only available to the world’s largest companies, but we’re excited to bridge the gap and enable real change.
👉 Learn more about Ebury’s solutions here.