Fortress Web3 Technologies and MassPay have introduced a new global pay-out capability spanning over 175 countries and 70+ currencies, including crypto. This means the partnership helps businesses execute pay-outs anywhere in the world via a single platform.

With the growth of gig and creator economies and seamless global ecommerce, it's crucial to have a pay-out solution that can adapt to the ever-changing demands of payees, as the companies see it. Fortress aims to make global payments simpler and more accessible through Web3 infrastructure, while eliminating the cost and compliance-related complexities. With the help of MassPay, they can provide Fortress clients with a wider range of payment options, allowing them to focus on building their business rather than worrying about financial logistics.

Managing global pay-outs used to be a complex and time-consuming task for organizations. With MassPay and Fortress, the challenges to successful pay-out operations can been removed. A single Know Your Business (KYB) process and a single API allow for the execution of both traditional financial transactions and new Web3 transactions.

The solution allows companies to: Issue local bank transfers, mobile web3 wallets, push-to-debit cards, push-to-prepaid cards, cryptocurrency , and cash pay-outs via combined capabilities; Effect pay-outs for millions of individuals in more than 240 markets and 50+ currencies with a single KYB process; Create digital wallets and access traditional financial transaction processes for payees through a single API; Use built-in compliance screening tools for transaction monitoring, IDV, and Wallet Screening. About the companies MassPay's global pay-out orchestration platform allows customers to facilitate pay-outs to individuals (B2C) and businesses (B2B) to over 175 countries and over 70 currencies worldwide. Frictionless cross-border pay-out orchestration is delivered via one API and the Know Your Business (KYB) process.

Fortress Blockchain Technologies is purpose-built to create financial, regulatory, and e-payments infrastructure for the rapidly emerging Web3 space. This includes embeddable NFT and crypto wallets, frictionless minting engines, encrypted vaults for non-public content, and financial services for payments, compliance, custody, and crypto liquidity. .