MassPay Eliminates the Double Conversion: Businesses Can Now Pay Out to 180 Countries in Local Currency with a Single FX Hop

EmitenTrust.com Payees receive more of every payout as MassPay removes the need to route cross-border payments through USD or other intermediary currencies

LAS VEGAS, Oct. 1, 2026 /PRNewswire/ -- MassPay, a global financial orchestration platform and Visa Direct partner, today announced its expanded multi-currency collection, enabling businesses to collect funds in a wide range of currencies and pay out to 180 countries, each in the payee's local currency, with just one currency conversion.

For payees around the world, the result is simple: more money arrives in their account, in the currency they actually use, without value lost to unnecessary conversions along the way.

Traditionally, businesses paying a global workforce, creator base, or seller network have had to convert funds into an intermediary currency such as USD, then convert again into each destination currency. Every extra conversion adds FX cost, spread, and operational complexity, and that cost is often passed down to the payee. MassPay removes that extra step entirely. Clients fund in the currency they hold, and MassPay converts once, directly into the payee's local currency.

"Every time money changes currency, a little value is lost, and it's almost always the payee who feels it," said Ran Grushkowsky, CEO and co-founder of MassPay. "Businesses shouldn't have to convert into dollars just to convert out of them again. With a single FX hop, our clients fund in the currencies they already hold, and their payees are paid in the currency they live and spend in. It's simpler for the business, and more money reaches the people who earned it."

Key benefits for businesses and their payees include:

• Local currency payouts in 180 countries - payees receive funds in the currency they spend, with no conversion on their end
• One FX hop - no intermediary conversion into USD or another base currency
• Lower FX costs and less slippage - fewer conversions means more value reaches the payee
• Simplified treasury operations - businesses can fund in the currencies they already hold instead of managing multiple conversion steps

The capability is built on MassPay's global payout infrastructure, which supports real-time push-to-card, bank account, and wallet payouts through Visa Direct, maintains a transaction success rate above 99.3%, and is backed by a dedicated support team with 24/7 coverage and a 7-minute average first response time.

The capability is available now to selected MassPay clients. Existing clients can begin collecting in additional currencies and paying out with a single FX hop immediately, with no changes to their current integration.

New clients can get started at www.masspay.io.

About MassPay
 MassPay is a global financial orchestration platform headquartered in Las Vegas, Nevada. MassPay enables businesses to collect funds in a wide range of currencies and pay out to 180 countries in local currency, through bank accounts, cards, and digital wallets. As a Visa Direct partner, MassPay delivers fast, reliable payouts with a transaction success rate above 99.3%, putting payees first in every transaction. Learn more at www.masspay.io.

Media Contact:
Kris Conesa
C-Suite Media Strategies
Kristopher Conesa
kconesa@csuitepr.com
www.csuitepr.com
305-975-5934

View original content to download multimedia:https://www.prnewswire.com/news-releases/masspay-eliminates-the-double-conversion-businesses-can-now-pay-out-to-180-countries-in-local-currency-with-a-single-fx-hop-302895109.html

SOURCE MassPay