- The partnership offers seamless cross-border payments for businesses needing to pay freelancers
- moneycorp’s API technology integrates with Shortlist’s platform for domestic and international payment processing
- 36% of Americans engage in some form of gig work, resulting in a greater need for cross-border payment processing
PROVIDENCE, R.I. (BUSINESS WIRE) – moneycorp Americas, a leading provider of global payments and risk management solutions, today announced their partnership with Shortlist to ease cross-border payments for companies with an external workforce. Shortlist, a top platform for managing and engaging freelancer workers, will integrate moneycorp’s API technology to facilitate both domestic and international payments for businesses.
The solution will be available to Shortlist’s customers who need to pay freelancers & contractors operating in over 180 countries. Businesses will be able to pay freelancers & contractors in their local currencies faster, more efficiently and more cost effectively. Additionally, moneycorp’s beneficiary validation micro service enables Shortlist to embed API services within their platform to validate banking details while reducing errors and saving time and money.
“We are excited to announce this partnership and continue to serve the growing gig economy in North America, said Bob Dowd, CEO North America. “This partnership strengthens moneycorp’s strategic goal to continue to serve freelance businesses by making cross-border payments more accessible and easier to manage.”
The rise of the gig economy in North America has seen drastic increases since COVID-19. 36% of American adults currently conduct some form of gig work. Flexible work schedules, remote working and regulatory changes are causing more working professionals to turn to or consider freelance employment.
Joey Frasier, CEO of Shortlist added, “The rise of freelance/contract and remote work has created a greater need than ever before for workforce platforms such as ours. With innovative partners like moneycorp, we can better serve our customers by having more control and visibility into the payment lifecycle while simultaneously easing their primary pain points when it comes to international payments for freelance & contract workers.
The partnership solution is now available to Shortlist’s customers.
About moneycorp Americas
moneycorp Americas is a leading provider of global payments and currency risk management. We pride ourselves on delivering high touch service and customized products that put our customers’ business first. Our team of knowledgeable, seasoned professional create tailor-made solutions for seamless cross border payments and safeguarding FX risk exposure. Established in 1979, moneycorp serves global clients across North America, South America, Asia, Europe and Australia. Visit www.moneycorp.com/en-us/ to learn more.
Shortlist is a smart, user-friendly Freelance/Workforce Management System (F/WMS). Shortlist makes it easy for small and large companies to onboard, manage and pay external workers in over 200 countries with just a few clicks. Shortlist is a SaaS offering for the global gig economy, helping companies find and manage their complete external workforce by providing a single platform to source, on-board, manage, review/rate and pay their workers. For more information, visit www.shortlist.co.