Transpay

Transpay, a service provided by Transfast, is a New York, United States based company that specializes in cross-border mass payout solutions. With a team of 16 employees, the company has generated approximately $5 million in revenue. Transpay is a subsidiary of Transfast Remittance LLC, which became part of Mastercard in July 2019. Transpay provides businesses with a secure and scalable platform to send funds internationally to vendors, business partners, freelancers, and other recipients in over 140 countries. The company aims to simplify international payments, offering a single, secure connection for businesses to manage their global payments. As a Mastercard company, Transpay leverages the global network and technology of Mastercard to ensure reliable and efficient international transactions. The company's commitment to security and compliance is reflected in its licensing as a money transmitter by the New York State Department of Financial Services (NMLS ID 900705). For more information about Transpay's services and licensing details, please visit www.transpay.com/licensing.