Competitor Comparison

Compare Papaya's payment platform vs. Custom bank files

Transforming multiple custom banking files into payment execution is a manual, tedious work prone to errors. See how Papaya’s solution compares to working with spreadsheets.

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Canva
Wix
Toyota
Shopify

Capabilities

Flexible Payouts in 130+ currencies

Flexible Funding in 15+ currencies

Wallet Funding

Land-Date Setup

Split Payments in multiple currencies and/or multiple accounts

Recurring Payments

Mass Payments, up to 10K transactions at once

Support for statutory payments

Support for 3rd party vendor payments

Allows E-2-E automation of payment process for net salaries, authorities and 3rd parties 

Payments connector, converting payroll data in payment delivery

Payments are automatically and correctly classified according to type (salaries, tax, etc.)

Consolidation and standardization of multiple payroll files into one platform 

Requires manual data inputs, prone to errors 

Full Value Transfers

Payments API

Integrations with HRIS, VMS, Expense management systems and other platforms 

Advanced reporting and BI tools

Security & Compliance

Security Standards Certifications 

Role–based access to data  

Reduces risk for PII data breaches

Custom, role–based approval flow 

Preemptive transaction analysis to prevent delays

Real-time fraud monitoring

Audit trail, with easy access to information on all the actions done in the platform

Detailed transaction reporting

Reduces payroll fraud risk 

Capabilities

Flexible Payouts in 130+ currencies

Flexible Funding in 15+ currencies

Wallet Funding

Land-Date Setup

Split Payments in multiple currencies and/or multiple accounts

Recurring Payments

Mass Payments, up to 10K transactions at once

Support for statutory payments

Support for 3rd party vendor payments

Allows E-2-E automation of payment process for net salaries, authorities and 3rd parties 

Payments connector, converting payroll data in payment delivery

Payments are automatically and correctly classified according to type (salaries, tax, etc.)

Consolidation and standardization of multiple payroll files into one platform 

Requires manual data inputs, prone to errors 

Full Value Transfers

Payments API

Integrations with HRIS, VMS, Expense management systems and other platforms 

Advanced reporting and BI tools

Security & Compliance

Security Standards Certifications 

  • GDPR
  • SOC1 Type II
  • SOC2 Type II
  • ISO 27001
  • ISO 27701

Role–based access to data  

Reduces risk for PII data breaches

Custom, role–based approval flow 

Preemptive transaction analysis to prevent delays

Real-time fraud monitoring

Audit trail, with easy access to information on all the actions done in the platform

Detailed transaction reporting

Reduces payroll fraud risk 

Custom bank files

Capabilities

Flexible Payouts in 130+ currencies

Flexible Funding in 15+ currencies

Wallet Funding

Land-Date Setup

Split Payments in multiple currencies and/or multiple accounts

Recurring Payments

Mass Payments, up to 10K transactions at once

Support for statutory payments

Support for 3rd party vendor payments

Allows E-2-E automation of payment process for net salaries, authorities and 3rd parties 

Payments connector, converting payroll data in payment delivery

Payments are automatically and correctly classified according to type (salaries, tax, etc.)

Consolidation and standardization of multiple payroll files into one platform 

Requires manual data inputs, prone to errors 

Full Value Transfers

Payments API

Integrations with HRIS, VMS, Expense management systems and other platforms 

Advanced reporting and BI tools

Security & Compliance

Security Standards Certifications 

Role–based access to data  

Reduces risk for PII data breaches

Custom, role–based approval flow 

Preemptive transaction analysis to prevent delays

Real-time fraud monitoring

Audit trail, with easy access to information on all the actions done in the platform

Detailed transaction reporting

Reduces payroll fraud risk 

Boost productivity and performance

Papaya’s global payments technology thinks about everything. So you can focus on what matters--your business.

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