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PALO ALTO, CA, July 11, 2018 --, the leading U.S. business payments service, today announced International Business Payments. Now customers can pay international vendors electronically, making cross-border business payments just as easy as domestic. This gives users a simple, cost-effective and seamless way to transact globally.  

With International Business Payments, users can now pay both international and domestic vendors electronically using one simple process, while getting visibility and control with detailed payment information all in one place. In addition to significant time savings, saves its users over 50 percent on the cost of international wire transfer fees compared to most banks. International Business Payments is available in more than 25 countries where cross-border business payments are most common with additional countries due to launch in the coming months.

The expanded service provides users with all of the popular features. It includes the same automated approval process, seamless integration with leading accounting software, simple vendor management, and online document storage.

The need to process international payments is increasing everyday for businesses of all sizes. According to a study by Deloitte Consulting, cross-border payments make up 26 percent of total U.S. B2B payment value. The most common method for making these payments is issuing a bank wire transfer.

“Bank wires typically cost $25 to $40 dollars each. International payments through a bank requires a separate bill payment process with many extra steps. There is no automated approvals or accounting software integration, which means less controls and more errors,” said René Lacerte, CEO and founder of “ is changing that. We are very happy to be delivering a simple and cost-effective way to pay vendors around the world inside the same service with all the same features customers love.”

“I’m the co-owner of a tech media startup, and as a result, I pay vendors from around the world for their services. I previously used my bank for international wiring and ACH payments which was very complicated and time-consuming to set up. Each pay day was a complete hassle,” said Judy Williams, Operations Manager, The New Stack. “ on the other hand was a breeze to set up for international payments. I’m able to pay international vendors as easily as I pay vendors from the U.S., and I only use one app. syncs with Xero as well, so my bookkeeper is happy too.” users can try International Payments for a special introductory price of $9.99 per transaction.  The new service is now available to a select number of customers and will be generally available to all customers at the end of August. For more information about International Business Payments visit

About is the leading business payments network with 3 million members processing over $52 billion per year in payment volume. helps businesses connect and do business by saving them more than 50 percent of the time typically spent on financial back-office operations. partners with four of the top 10 largest U.S. banks, more than 60 of the top 100 accounting firms, major accounting software providers including Netsuite, Intacct, Intuit and Xero, and is the preferred provider of digital payments solutions for, the technology arm of the American Institute of CPAs (AICPA). Recognized as one of San Francisco Business Times’ and Silicon Valley Business Journal’s “2018 Best Places to Work,” has over $200 million in funding with the most recent investment round led by Temasek and JP Morgan Chase.

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