{"id":7458,"date":"2024-10-01T14:08:55","date_gmt":"2024-10-01T14:08:55","guid":{"rendered":"https:\/\/paybis.com\/blog\/?p=7458"},"modified":"2026-03-30T08:18:48","modified_gmt":"2026-03-30T08:18:48","slug":"paybis-send","status":"publish","type":"post","link":"https:\/\/paybis.com\/blog\/paybis-send\/","title":{"rendered":"Paybis Send: What It Is, Why It\u2019s Important, and How You Can Benefit From It"},"content":{"rendered":"\n

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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

<\/a>About Paybis<\/strong><\/h2>\n\n\n\n

Paybis<\/a> 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.<\/p>\n\n\n\n

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<\/a>, 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.<\/p>\n\n\n\n

<\/a>What is Paybis Send?<\/strong><\/h2>\n\n\n\n

Paybis Send<\/a> 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.<\/p>\n\n\n\n

Over 1.6 billion people worldwide<\/a> don\u2019t 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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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)<\/a> 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.<\/p>\n\n\n\n

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<\/a>Why Should You Choose Paybis Send?<\/strong><\/h2>\n\n\n\n

There’s more than one crypto payment streamlining solution out there, so why should Paybis Send interest you?<\/p>\n\n\n\n

The need for global payments is increasing, but it comes with its fair share of challenges<\/a>. This includes high fiat transaction fees, slow processing times, and lack of transparency leading to fraud & security risks \u2013 not to mention the overall lack of accessibility.<\/p>\n\n\n\n

As an alternative, crypto transfers are becoming increasingly popular. Statista reports that cryptocurrency payouts are projected to grow 17% by 2030<\/a>. 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:<\/p>\n\n\n\n