Tipalti supports ACH payments for SEPA countries

Wednesday 26 June 2013 00:09 CET | News

Tipalti, a payment solution for online advertising, game monetization and affiliate networks, has unveiled that its automated solution now supports global Automated Clearing House (ACH) payments to the 32 countries participating in the Single Euro Payments Area (SEPA).

Under the SEPA initiative, which becomes mandatory in February 2014, the 17 Eurozone countries, as well as 15 other countries, have adopted a standard by which ACH and DD payments can be made.

Tipalti, which also works with US paid search management business Trada, helps its customers comply with tax and government Anti Money Laundering (AML) regulations by automatically collecting tax forms from each payee and scanning each payment against a government issued blacklists.

Tipaltis Software as a Service (SaaS) allows crowdsourcing, crowd-funding and advertising networks to streamline payments to developers, contributors, publishers and affiliates. Tipalti supports a number of payment methods per country and disburses payments in local currencies.

In recent news, Tipalti and Article One Partners, a patent research community, have teamed up to expand payment method and currency options and streamline the companys international payment process.

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Keywords: Tipalti, ACH payments, online payments, SEPA, Europe
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce