Paybis Send: What It Is, Why It’s Important, and How You Can Benefit From It
If your business has ever had to deal with crypto payouts, you’re probably more than familiar with the problems that come with it. Complex crypto transactions, delays, security concerns, difficulty tracking transaction statuses, and high fiat payout costs make cross-border payments a hassle.
That’s why we launched Paybis Send, an API-based payout solution that facilitates and simplifies crypto payouts. In our latest article, we’ll go over everything there is to know about Paybis Send, and more importantly, explain how your business can benefit from this solution.
Table of contents
About Paybis
Paybis is a highly trusted global cryptocurrency exchange platform and service provider, operating in more than 180 countries worldwide. Created by a group of blockchain enthusiasts, we aim to make crypto exchanges and management easy, fast, reliable, secure, and accessible to anyone, anywhere.
The company was established in 2014 as a crypto exchange platform, but since then, we’ve grown rapidly. Today, our list of services reaches far beyond exchanges as we started working on a portfolio of B2B products, offering centralized cryptocurrency exchanges to solve the problem of how to send crypto without investing in building in-house infrastructure. And our latest addition includes Paybis Send.
What is Paybis Send?
Paybis Send is an API-based user-friendly solution that makes it easier for businesses to handle cryptocurrency payouts, and generate additional revenue by charging a transaction fee for every crypto payout request.
Over 1.6 billion people worldwide don’t have access to traditional banking services. This translates to over 20% of the global population. With Paybis Send, you can send crypto payments to people in these underserved areas, helping your business connect with a wider audience.
Businesses operating in high-risk sectors like gaming, advertising, freelancing, or others can integrate Paybis Send and use it to pay freelancers, employees, counterparties, or publishers in their preferred cryptocurrency.
Simplicity is key, and our developers made sure to build Paybis Send to be just that. The solution was created to be easily integrated with your business payment workflows to initiate and manage crypto transactions effortlessly, to any crypto wallet.
The Paybis API handles the entire payout process, from verifying the recipient’s wallet address to processing the payment from a pre-funded balance, all in USDT (Tether) to ensure transparent and efficient fund transfers. This means that once you execute a payout request, our API will take it from there, and provide you with real-time updates on all transaction details.
Why Should You Choose Paybis Send?
There’s more than one crypto payment streamlining solution out there, so why should Paybis Send interest you?
The need for global payments is increasing, but it comes with its fair share of challenges. This includes high fiat transaction fees, slow processing times, and lack of transparency leading to fraud & security risks – not to mention the overall lack of accessibility.
As an alternative, crypto transfers are becoming increasingly popular. Statista reports that cryptocurrency payouts are projected to grow 17% by 2030. However, since the market is still relatively small and new, we’re introducing Paybis Send to help businesses integrate crypto payouts more easily and effectively. Key features include:
- Global accessibility. Paybis Send is available in over 180 countries worldwide.
- Seamless API integration. Regardless of your existing systems, our API is built with the end customer in mind, making the integration process and sending crypto seamless.
- Improved user experience. Paybis Send offers fast, secure, and easy crypto payouts to boost the user experience. Moreover, users receive their payments immediately, leading to higher satisfaction rates.
- Increased revenue potential. Paybis Send lets businesses tap into the growing crypto market and make money with every payout, increasing ROI.
- Real-time transaction transparency. With our API-based solution, you can track and monitor all transactions every step of the way for better operational oversight and increased trust.
- API scalability and flexibility. Paybis Send is incredibly adaptable, so whether you’re a small platform looking to introduce crypto payouts or a large enterprise processing high volumes of transactions, Paybis Send can scale to meet your needs.
- No setup fees & tier-based pricing. With Paybis Send, you won’t have to pay any network, setup, or maintenance fees. Our API solution offers tiered pricing that can be tailored to your unique business needs.
- Growing number of supported cryptocurrencies. Choose between BTC, USDT (ERC20, TRC20, Polygon), and USDC (ERC20, Polygon) for crypto payouts.
How Does Paybis Send Work?
The Paybis Send solution is powered by an advanced API, making the entire process pain-free. Here’s a breakdown of how the process works in 5 simple steps:
- Step 1: Wallet address validation. Before initiating a payout, you have to verify whether the recipient’s wallet or mobile wallet address is correct and compliant by using the Paybis Crypto Address Screening API.
- Step 2: Crypto amount input. The API calculates how much crypto to send based on the fiat amount you provide to ensure your users get the correct amount despite crypto market price changes.
- Step 3: Payout request initiation. After validating the crypto wallet address and providing the crypto amount, you can then send a payout request via our API. The Paybis system is designed to handle these requests quickly and efficiently, all in a few minutes.
- Step 4: Fund transfer transaction. We handle the crypto transfer process using your pre-defined balance in USDT for smoother and faster payouts, avoiding network congestion.
- Step 5: Real-time transaction updates. During the payout process, Paybis sends real-time updates through webhooks. These updates provide full visibility, letting you track the progress of each transaction.
This straightforward process makes managing crypto payouts a breeze for businesses. It’s an efficient way to handle digital currency transactions and enhance the customer experience for your users.
How to Integrate Paybis Send?
The API integration process is simple and only involves adding a number of code lines. Once that’s done, our technical team will start working on setting up a payout structure.
We ensure that every client gets a dedicated account manager and technical support for assistance with API integrations, webhooks, sandbox setups, singing requests, and any other questions or issues you might have. For more information, you can always check our documentation.
Who Is Paybis Send Built For?
Paybis Send was designed for businesses that pay out to a large, distributed recipient base. The product makes most sense when the volume is high, the recipients are spread across multiple countries, and traditional banking rails are either too slow, too expensive, or unavailable in the markets you’re serving.
Some of the industries using it regularly:
- Freelance and gig platforms. Paying hundreds or thousands of contractors weekly across different countries is exactly the kind of problem Paybis Send solves. Recipients get paid in their preferred cryptocurrency, and the business avoids the overhead of managing currency-specific payout accounts.
- Ad networks and affiliate programs. Publisher payouts typically involve a large number of recipients with variable earnings. Crypto payout infrastructure cuts the processing time and removes the intermediary fees that eat into margins at scale.
- Gaming and iGaming operators. Speed matters here. Players expect winnings fast. Paybis Send processes payouts in minutes, not days, which directly affects user satisfaction and retention.
- Payroll services. Companies paying employees or contractors in regions where banking infrastructure is limited can reach recipients who would otherwise require costly workarounds. Over 1.6 billion people globally don’t have access to traditional banking, and crypto payouts offer a direct path to those markets.
Beyond payments, businesses exploring what to do with accumulated crypto holdings have other options too. Staking, for instance, is one way companies generate yield on idle digital assets. Paybis Send focuses specifically on the payout infrastructure side, but it fits into a broader crypto strategy that can include yield-generating approaches alongside payment processing.
What Happens After a Payout Is Sent?
Once a payout request goes through, Paybis Send handles the rest. But it helps to understand what actually happens on the back end, especially for businesses that need to reconcile transactions or handle recipient queries.
The recipient side. The payout lands directly in the recipient’s crypto wallet address, the one validated in Step 1 of the process. Confirmation time depends on network conditions, but Paybis Send routes transactions to avoid congestion, which keeps processing times short in most cases.
Recipients who want fiat. Not every recipient wants to hold cryptocurrency. For anyone who prefers traditional currency, conversion is straightforward. Paybis supports the ability to withdraw USDT to bank account, which means recipients can off-ramp to fiat without needing separate exchange accounts or additional setup.
Corridor-specific payments. Paybis Send is built for global reach, including markets that are harder to serve with traditional payment rails. For businesses with recipients in South Asia, for example, conversions like USDT to BDT are supported, covering markets where banking infrastructure is limited and crypto provides a more accessible path to payment.
Tracking. Every transaction generates real-time updates through webhooks throughout the payout process. Businesses get full visibility on each transaction from initiation to confirmation, which makes reconciliation and customer support significantly easier than with traditional payment methods.
What if something goes wrong. Every Paybis Send client gets a dedicated account manager available around the clock via Telegram, WhatsApp, or chat. Failed transactions, compliance flags, or technical questions have a direct escalation path rather than a support queue.
Streamline Crypto Payouts Easily with Paybis
Cryptocurrency payments are fast becoming a popular payout method for global transactions. However, despite the increased need for alternative payouts, it remains a difficult option for many companies as it requires new workflows, infrastructure, resources, and time.
Paybis Send could be a game-changer for businesses looking to offer crypto payouts to their users. With its easy integration, enhanced user experience, and the potential to generate additional revenue, our API solution could become the key tool for the growing demand for cryptocurrency transactions.
We’re constantly working on new ideas and features, so if you want to learn more about our upcoming news, keep an eye out on our socials and blog!
FAQ
What are the transaction limits for crypto payouts with Paybis Send?
Paybis Send doesn’t have transaction limits, so you can easily set up a crypto payout system that suits your users’ needs.
Can we charge a fee for all crypto payouts with Paybis Send?
Absolutely. The Paybis Send solution allows you to charge a fee for every crypto payout. This way, you’re not only improving the customer experience, but you also have an opportunity to generate additional revenue.
What are the available cryptocurrencies for Paybis Send?
Currently, you can choose between 6 different cryptocurrencies for crypto payouts: BTC, USDT (ERC20, TRC20, Polygon), and USDC (ERC20, Polygon).
Can I deposit cryptocurrency to payout in fiat currency?
No, Paybis Send is specifically designed for merchants and businesses to send crypto payouts to their end-users directly, with our API-based solution guiding the process all the way.
What are the fees and pricing associated with integrating Paybis Send?
We offer flexible tier-based pricing with the possibility of customizing the pricing to the unique business needs and scalability plans of every client.
Where is Paybis Send available?
Paybis Send is available in over 180 different countries around the world, making this API-based solution an incredibly useful product for international crypto payouts – without the hassle of establishing in-house workflows.
How long does it take to set up Paybis Send for my business?
Typically, the entire integration process can take up to a single week from start to finish. This includes the technical setup, screening, and onboarding process.
Does Paybis Send require businesses to manage their own crypto infrastructure?
No. The entire infrastructure, including wallet management, compliance monitoring, network routing, and transaction tracking, is handled by Paybis. Businesses integrate via API and initiate payout requests. Paybis takes it from there. This is specifically what makes Paybis Send useful for companies that want to offer crypto payouts without hiring a dedicated blockchain team or building custody and compliance systems in-house. The API handles address validation, fund transfer, and status reporting automatically once a payout request is submitted.
What currencies and cryptocurrencies does Paybis Send support?
Paybis Send currently supports BTC, USDT (ERC20, TRC20, Polygon), and USDC (ERC20, Polygon) for payouts. Pre-funded balances are held in USDT, which removes exposure to crypto price volatility between funding and payout. The fiat input side supports a range of currencies, and the API calculates the correct crypto amount based on the fiat value provided at the time of the request. The supported currency list continues to expand as the platform develops.
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info
