Payful
- Company typePrivate
- Founded2016
- HeadquartersShanghai, China
- Headcount—
- GTM typeB2B and B2C
- OfferingSoftware
Payful firmographics
Firmographics- Name
- Payful
- Legal name
- Global E-Payment Limited
- Website
- https://payful.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Ownership category
- akta.pro rank
Payful industry classification
Industry- Product category
- Cross-Border Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Collection Agencies (56144)
- akta.pro primary industry
- Cross-border Payments & FX for E-commerce (CRAFALAF)
- akta.pro secondary industries
- Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Marketplace & Platform Seller Payouts (FSAMAKAE), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where Payful is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices6 records
Markets served
Payful business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Cross-border Payment Processing: Fees generated from cross-border payment processing including collection, payout, and settlement services for e-commerce and B2B trade
- Foreign Exchange Services: Revenue from currency exchange services with better-than-bank rates, including real-time exchange, scheduled exchange, and order-based exchange features
- Virtual Credit Card Services: Card issuance and transaction processing fees for Payful Card virtual credit card services supporting VISA and MasterCard networks
- API and Enterprise Integration Services: Deep customization and professional support services for enterprise API integration implementations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Free account with no opening or management fees |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels8 records
Payful product offering
Product offeringCore offering
Payful is a global cross-border payment platform providing integrated collection, payout, currency exchange, and virtual card services for cross-border e-commerce sellers and B2B foreign trade enterprises. It supports 30+ currencies across 100+ countries, offering T+0 settlement, real-time FX conversion, multi-currency accounts, and API integration. The platform is built on proprietary risk control technology and partnerships with global banks and blockchain payment networks.
Product overview
Payful is a global cross-border payment platform offering an integrated suite of financial technology solutions. The product portfolio consists of seven core offerings: (1) Cross-Border e-Commerce for marketplace sellers, (2) B2B Global Trade for foreign trade enterprises, (3) Payful Card virtual credit cards with Visa/MasterCard, (4) Global Payouts for cross-border transfers, (5) Currency Exchange with 24/7 FX capabilities, (6) API Services for enterprise integration, and (7) More Services covering industry-specific solutions. These products work together as a unified platform enabling跨境B2C and B2B收款, 付款, 境外开户, and 汇兑 services with global coverage across 100+ countries, leveraging partnerships with global banks (J.P. Morgan, Standard Chartered, DBS) and blockchain payment networks.
Differentiator
Problem solved
Functional benefit
Products and services
- Cross-Border e-Commerce Cross-border payment solution for e-commerce sellers, supporting full-chain services including unified management of multiple stores, T+0 fast settlement, transparent rates, and multi-platform integration with Amazon, Shopify, TikTok Shop and other marketplaces.
- B2B Global Trade One-stop B2B payment platform for foreign trade enterprises enabling cross-border settlement and global business expansion. Supports 20+ currencies with local and global collection accounts, transfer payments, exchange rate management, and compliant settlement.
- Payful Card Business virtual credit cards (VCC) with multi-card, multi-currency support in partnership with Visa and MasterCard. Supports 10+ currencies, fast card issuance without 3DS verification, multi-BIN capabilities, hierarchical management, and API docking for enterprise spend management.
- Global Payouts Instant cross-border payment service supporting 20+ currencies to 100+ countries. Offers global payouts via SWIFT and local payouts with same-currency transfers, no intermediary fees, and real-time settlement options across 20+ markets.
- Currency Exchange 24/7 currency exchange service with real-time rates, order-based exchange (set target rates for auto-execution), scheduled exchange for profit locking and FX volatility hedging, and credit trading within approved limits.
- API Services End-to-end API technology solutions enabling real-time integration with enterprise applications. Covers global collections (14 currency accounts), global payouts, currency exchange, and virtual credit cards with deep customization and professional support.
- Industry-Specific Payment Solutions Industry-specific payment solutions covering overseas advertising platforms (Google Ads, Meta, TikTok, Amazon, App Store, YouTube, Steam), cross-border travel, international logistics, digital entertainment overseas, and study abroad education with compliant, flexible, professional, and comprehensive services.
Quantifiable outcome
- T+0 fast settlement for cross-border e-commerce payments
- +3 more outcomes
Companies that use Payful
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles3 records
Payful technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Payful partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and major.
- Kinexys by J.P. MorgancoreIntegration of J.P. Morgan's Kinexys Digital Payments network enabling near real-time on-chain FX settlement via blockchain technology. Applied to Payful Card launched with Visa, leveraging automatic sweep and intelligent processing capabilities for efficient debit repayments with real-time balance replenishment.
- FlutterwavecoreStrategic collaboration with Africa's leading payment technology company Flutterwave to launch Payful Nigeria Local Collection Account. Partnership enables exporters to collect payments directly in Nigerian Naira (NGN), avoiding currency conversion risks and improving cash flow. Flutterwave provides local infrastructure with verified business accounts and real-time settlement.
- TransferMatecoreStrategic partnership with TransferMate, a world-leading regulated non-bank payments infrastructure provider headquartered in Ireland. TransferMate's payment network spanning over 200 countries and regions and supporting more than 140 currencies is integrated into the Payful platform, covering over 30 countries including the US, Canada, Mexico, Australia, Singapore, and Malaysia. The partnership enables localized collection and settlement channels with faster, lower-cost cross-border fund transfers.
- J.P. MorgancorePartnership with J.P. Morgan for global banking services supporting cross-border payment operations
- Standard CharteredcorePartnership with Standard Chartered for global banking services and currency coverage
- DBS BankcorePartnership with DBS for Southeast Asian banking coverage and services
- OCBC BankmajorPartnership with OCBC for Singapore and regional banking services
- Bank of ChinamajorPartnership with Bank of China for China-related banking services
- ICBCmajorPartnership with Industrial and Commercial Bank of China for services
- Ping An BankmajorPartnership with Ping An Bank for China market banking services
- China Construction BankmajorPartnership with China Construction Bank for services
- VisacoreVisa card network partnership for Payful Card virtual credit card issuance with independent BIN
- MasterCardcoreMasterCard network partnership for Payful Card virtual credit card issuance
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Payful competitors and assessment
Company assessmentDirect peers
- Wise (formerly TransferWise): Wise is a global cross-border money transfer and multi-currency account platform serving consumers, SMBs, and enterprises. It directly competes with Payful in cross-border B2B and B2C payouts, FX, and multi-currency accounts, with a broader currency and country footprint but a more developed-market SMB focus.
- Airwallex: Airwallex is a cross-border payments and FX platform offering multi-currency accounts, global payouts, card issuing, and embedded finance APIs. It competes head-on with Payful in serving cross-border e-commerce sellers and B2B exporters, with stronger enterprise API and embedded finance positioning.
- Payoneer: Payoneer is a cross-border payments platform focused on marketplace sellers, freelancers, and B2B payouts with multi-currency receiving accounts. It is a direct competitor to Payful's cross-border e-commerce collection product for marketplace sellers on Amazon, Shopify, and similar platforms.
- PingPong: PingPong is a China-headquartered cross-border payments platform serving Chinese e-commerce sellers on Amazon, eBay, and Shopify with collection, FX, and payouts. It is one of Payful's closest direct competitors in the same Chinese cross-border SMB segment.
- LianLian Global: LianLian Global is a cross-border payments provider for Chinese e-commerce sellers and B2B exporters with multi-currency collection accounts and FX. It competes directly with Payful across cross-border e-commerce collection, B2B trade settlement, and card-issuing products.
- WorldFirst (Ant Group): WorldFirst, owned by Ant Group, is a cross-border payments platform serving e-commerce sellers, B2B exporters, and SMEs with multi-currency accounts and FX. It is a direct competitor to Payful in cross-border collection, FX, and B2B trade settlement, with stronger consumer brand recognition.
- dLocal: dLocal is a payments processor focused on emerging markets, providing local payment methods, collection, and payouts across Latin America, Africa, and Asia. It overlaps with Payful in cross-border payouts and emerging-market local collection corridors (e.g., Nigeria via Flutterwave).
Broad incumbents
- Stripe: Stripe is a global payments platform serving internet businesses with processing, FX, payouts, and Issuing APIs. While much larger and broader than Payful, Stripe overlaps in cross-border payouts, FX, and virtual card issuing via Stripe Issuing for similar SMB and platform customers.
- Adyen: Adyen is a global payments processor providing unified online, mobile, and in-person payment processing plus cross-border acquiring and FX for enterprises. It competes with Payful in cross-border payment processing for global e-commerce and platform sellers, with an enterprise-focused positioning.
Emerging players
- Brex: Brex is a corporate card and spend management platform with multi-currency cards and global payments for businesses. It is comparable to Payful Card as a multi-currency, virtual-card-issuing solution for cross-border business spend, although Brex is more US-centric.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Payful social profiles
Digital presencePayful compliance and trust
Trust signalCompliance4 records
Payful financial estimates
Financial estimateRevenue estimate
Valuation estimate
Payful leadership team
Management profileNumber of profiles
Profiles1 record
Payful subsidiaries and ownership
Company hierarchySubsidiaries5 records
Payful funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Payful M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Payful
What does Payful do?
Payful is a global cross-border payment platform providing integrated collection, payout, currency exchange, and virtual card services for cross-border e-commerce sellers and B2B foreign trade enterprises. It supports 30+ currencies across 100+ countries, offering T+0 settlement, real-time FX conversion, multi-currency accounts, and API integration. The platform is built on proprietary risk control technology and partnerships with global banks and blockchain payment networks.
Is Payful a public or private company?
Payful is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Payful founded?
Payful was founded in 2016.
Where is Payful based?
Payful is headquartered in Shanghai, China, in the Asia region.
How does Payful make money?
Four revenue lines are on record. Cross-border Payment Processing is the primary driver. The others are foreign Exchange Services, virtual Credit Card Services and API and Enterprise Integration Services.
Who are Payful's main competitors?
Direct peers on record are Wise (formerly TransferWise), Airwallex, Payoneer, PingPong, LianLian Global, WorldFirst (Ant Group) and dLocal. Broad incumbents are Stripe and Adyen. Brex is listed as an emerging player.
Does Payful have an API?
Yes. Payful provides end-to-end API technology solutions for seamless enterprise app integration and real-time functionality. The API covers global collections (managing up to 14 currency accounts in real-time), global payouts (fast, low-cost cross-border payments), currency exchange (auto-fetching live FX rates and exchange risk management), and virtual credit cards (automated multi-currency card creation and control). APIs are available through a sandbox access process: contact account manager, get sandbox access, then pass verification to launch. The API is positioned as providing deep customization based on industry characteristics and business needs with professional team support.
What industry is Payful in?
Payful's product category is Cross-Border Payment Processing. Its primary akta.pro industry code is CRAFALAF, Cross-border Payments & FX for E-commerce, with a secondary code of FSAMAIAJ, Cross-Border Payouts & Mass Disbursements (Pay-outs). Its NAICS code is 522320.