VoltPay supports multiple payout methods. Contractors choose their preference; VoltPay routes optimally.
Available Methods
Section titled “Available Methods”Bank Wire (SWIFT)
Section titled “Bank Wire (SWIFT)”- Speed: 2-5 business days
- Cost: Higher (included in your per-seat fee)
- Availability: Worldwide
- Best for: Countries without local offramp coverage
Stablecoin Rails (USDC)
Section titled “Stablecoin Rails (USDC)”- Speed: Minutes to hours
- Cost: Lowest
- Availability: Most countries
- How it works: USD converts to USDC, routes to the destination country, then converts to local fiat. The contractor receives local currency in a bank account. No crypto wallet is required.
ACH (US contractors)
Section titled “ACH (US contractors)”- Speed: 1-2 business days
- Cost: Lowest for US payments
- Availability: United States
- Best for: Contractors with a US bank account
Local payment methods
Section titled “Local payment methods”- Speed: Same day to 2 business days
- Cost: Low
- Availability: Varies by country (local bank transfers and domestic rails)
- Best for: Contractors who want their local currency straight from a domestic rail
Payoneer
Section titled “Payoneer”- Speed: 1-3 business days
- Cost: Moderate
- Availability: 200+ countries
- Best for: Contractors who already have Payoneer accounts
PayPal
Section titled “PayPal”- Speed: Near-instant to PayPal balance
- Cost: Moderate
- Availability: 200+ countries
- Best for: Small payments, contractors who prefer PayPal
How Contractors Choose
Section titled “How Contractors Choose”During onboarding, contractors select their preferred method in the contractor portal. They can change it anytime. The change applies to the next payment.
How VoltPay Selects the Route
Section titled “How VoltPay Selects the Route”For each payment, VoltPay considers:
- Contractor’s stated preference (highest priority)
- Cost for this specific corridor
- Speed requirements
- Rail availability in the destination country