WasabiCard rolls out global payroll distribution product for cross-border teams

WasabiCard rolls out global payroll distribution product for cross-border teams

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News Editor
2026-08-13 09:02:41
WasabiCard has introduced a payroll and fund distribution solution aimed at companies managing teams across multiple countries. The company says the product is built to connect traditional financial rails with digital payment infrastructure, giving businesses a way to handle salary payouts and broader fund transfers for overseas employees, contractors, freelancers, creators and partners. According to the announcement, the platform supports distribution across 200+ countries and regions and offers settlement in 30+ local currencies. WasabiCard also says businesses can issue virtual and physical cards, use a unified platform or API for batch payments, and track payment progress and fund flows through a centralized backend. The company frames the offering as a response to the growing mismatch between globally distributed hiring and legacy banking-based payroll systems. WasabiCard co-founder and CEO Ray Yang said companies are no longer looking only for cross-border remittance tools, but for underlying infrastructure that can support global operations and adapt as businesses expand. Beyond payroll, the company said its payment stack is also designed for card issuance, cross-border payouts and global remittance use cases tied to ad spending, SaaS subscriptions, the creator economy, fintech and internet-native businesses.

WasabiCard has launched a global payroll and fund distribution solution for businesses, targeting the operational strain that comes with paying distributed teams across borders. The company positions the offering as enterprise payment infrastructure that links traditional finance with digital payments for salary disbursement and broader business payout needs.

WasabiCard rolls out global payroll distribution product for cross-border teams 2

Distributed hiring is outpacing legacy payroll rails

In its announcement, WasabiCard said globalized operations, remote work and digital business models are pushing companies to build teams that are no longer centered on a single market. Hiring that once happened locally through domestic banking systems now spans multiple countries and regions, with companies relying on global recruitment, remote collaboration and flexible work arrangements.

The company said this shift is visible across technology firms, fintech companies, gaming, digital entertainment and internet businesses, where teams now include overseas employees, international contractors, freelancers, creators and business partners.

WasabiCard argues that payment systems have not kept pace with that hiring model. Building a global team may be easier than paying one. Different banking systems, currency environments, payment rules and settlement timelines force companies to manage multiple payout channels and more complex finance workflows. A payroll process that once looked straightforward can turn into a broader cross-border payments problem involving treasury movement, settlement and compliance management.

Against that backdrop, the company said businesses need more than faster transfers. They need payment infrastructure that can support global operations and scale with them.

Five features aimed at global payroll operations

WasabiCard outlined five core capabilities in the product, covering payout reach, currency handling, card access, batch payments and transaction visibility.

Coverage across 200+ countries and regions

WasabiCard said the platform supports fund distribution across 200+ countries and regions, allowing businesses to send money to employees and partners in different markets without managing a patchwork of regional payment channels. The company said that setup is intended to reduce operational pressure and make it easier for team members in different jurisdictions to receive funds.

It described global payroll as a problem that goes beyond deciding where money should be sent. Companies also have to match local payment environments and collection methods. Under traditional cross-border payroll setups, businesses often depend on multiple local payout providers, adding operational complexity and slowing settlement.

Settlement in 30+ local currencies

WasabiCard said the platform supports settlement in 30+ local currencies. For companies running global teams, foreign exchange conversion, rate fluctuations and capital allocation across markets can complicate treasury and payroll management. The company said its local-currency settlement support is designed to reduce the friction tied to multi-currency payouts.

WasabiCard also said its infrastructure is powered by stablecoins and built to connect digital assets with traditional financial systems, giving businesses more flexibility in managing capital globally and moving funds more efficiently between markets.

Virtual and physical cards

The company said it offers both virtual and physical cards. In some cases, it said, overseas employees, contractors and workers in the digital economy may not find traditional bank accounts to be the most convenient way to use received funds. Businesses can issue payment cards to team members for daily spending, business expenses and employee subsidies, according to the announcement.

WasabiCard added that its corporate cards can be linked to Apple Pay and Google Pay, letting recipients use funds through mainstream mobile payment tools.

Batch payments through a platform or API

For companies paying large numbers of employees, contractors or partners at once, manual processing can put extra pressure on finance teams. WasabiCard said businesses can use a unified platform or API to execute batch payments and handle multiple disbursements in one go.

The company said a more automated payment flow can cut repetitive work and make it easier for finance teams to handle larger distributed workforces.

Unified backend for payment tracking

WasabiCard said it provides a centralized payment management backend that allows businesses to view payment status in real time and track fund flows. Global payroll involves a large number of records and several stages of execution, the company said, so finance teams need visibility into progress and fund status in order to manage cross-border operations more clearly.

From payroll to broader payment use cases

「Global enterprises are building teams beyond geographic boundaries, but payment infrastructure still needs to adapt to that change,」 said Ray Yang, co-founder and CEO of WasabiCard. 「What businesses are looking for is not just a cross-border remittance tool, but underlying infrastructure that can support global operations, continue scaling alongside business growth and fit different payment scenarios.」

WasabiCard said its stablecoin-based architecture and global clearing network are designed to provide multinational companies with flexible and compliant support for capital movement.

The company said the same core capabilities can also be applied to global card issuance, cross-border payouts and global remittance. It named ad spending, SaaS subscriptions, the creator economy, fintech and internet companies as target use cases.

Company profile and contact details

WasabiCard describes itself as a global enterprise payment infrastructure platform. According to the announcement, it provides card issuance, global payouts and cross-border payment capabilities to businesses, fintech firms and internet-native operations through stablecoin-powered financial infrastructure. The platform supports global card issuance, multi-currency settlement, stablecoin funding and embedded payment capabilities, and is designed for modern global commerce scenarios.

The company said its services are used across ad delivery, SaaS subscriptions, global payroll, fund management and digital finance applications.

The article also listed business contact details for Fire, WasabiCard co-founder, with the email address [email protected] and WhatsApp number +48 732 227 941.

A disclaimer at the end of the announcement said the material is for general information and educational purposes only and does not constitute legal, tax, financial or other professional advice from WasabiCard. The company also said it makes no express or implied representation, warranty or commitment regarding the accuracy, completeness, adequacy or timeliness of the content. Suggestions for content updates can be sent to [email protected].

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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