NEW YORK, Sept. 10, 2015 /PRNewswire/ -- Transpay, a New York-based cross-border payments platform for B2B/B2C transactions, announced today it will enable mass payout services in 29 countries for Zooppa, a global social network for creative talent headquartered in Seattle.
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With the world's largest, independent direct-to-bank payout network, Transpay was a natural partner for Zooppa, the world's leading source of user-generated advertising. Transpay's network will enable near-instant payouts for Zooppa's global pool of leading directors, producers, writers and cinematographers, who are now able to get paid through direct bank deposits or cash pickup at any of Transpay's 200,000 payment points worldwide.
"We're pleased that Zooppa will be using Transpay across a wide range of countries, from China to India, Mexico, Italy and beyond," says Nagarajan Rao, Senior Vice President of Transpay. "Zooppa is a dynamic and innovative company and we know we'll find many ways to grow our partnership in the years to come."
As Transpay enhances the experience of the Zooppa community by offering more flexible payment options, Zooppa is putting Transpay in touch with the world's top up-and-coming filmmakers to produce video content for Transpay's fast-growing client base of travel and crowdsourcing businesses.
"We're already getting positive feedback from our filmmaker community, which is eager to show the world the power of Transpay's payment platform," says Will Merrit, CEO of Zooppa. "We're thrilled about the positive response we've received from our community, especially regarding the speed of Transpay's offering, and lack of additional bank fees."
Within two weeks, the companies were able to integrate their technologies and provide training for Zooppa's accounting team. Almost immediately, community members on the Zooppa platform were receiving payments in local currency quickly and conveniently, directly to their bank account without non-transparent fees, such as landing fees and activation fees.
About Transpay
Transpay, headquartered in New York City, is a division of TRANSFAST, LLC, a regulated financial institution and money transfer business. Transpay provides global STP (Straight Through Processing) services through API integrations, batch-file processing, and the world's first pay-by-email Mass Payout Platform. Transpay's proprietary payments network spans more than 120 countries in Asia, Latin America, Europe and Africa.
Transpay makes the complex global payments landscape user-friendly with secure, fully compliant, easy-to-use solutions. For more information, visit www.transpay.global or call 212-994-0345.
About Zooppa
Zooppa is the global social network for creative talent with a community comprised of over 335,000 photographers, filmmakers, and other creative professionals. Zooppa and its creative community work with international brands and their agencies to produce fresh, authentic, high-quality, video and photography content. Zooppa is the world's leading source of community-generated advertising, committed to the vision of real people and innovative brands working together.
For more information, www.zooppa.com.
Media Contact:
Lynn Schwartz
Newsmaker Group Public Relations for Transpay
[email protected]
973-736-7118
SOURCE Transpay
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