Most cross-border payment problems for project-based teams come down to the same set of friction points: invoicing in the wrong currency, waiting days for wires to clear, paying out to multiple contributors across multiple countries from a single domestic bank account, and reconciling it all manually at the end of the month.
Petl Pay was built to remove that friction at the project level. Here is exactly how it works.
USD and EUR account details for invoicing
When you create a project in Petl Pay, you can generate USD and EUR routing details directly within the platform. These are account details you share with your client on an invoice, allowing them to pay in USD or EUR through a standard bank transfer. No personal accounts, no consumer payment apps, no explaining why your US client needs to wire money somewhere unexpected.
The payment lands in your Petl Pay workspace, tied to the project it belongs to.
Open banking across the UK and EU
For teams paying contributors in the UK or Europe, Petl Pay routes via open banking. This means bank-to-bank transfers that settle instantly or near-instantly, without card network fees or intermediary steps. The cost is £0.30 plus 0.5% per transaction, passed through at cost with no markup on Solo and Business plans.
Open banking is the fastest and cheapest way to move money between UK and EU bank accounts. Most teams using Petl Pay for UK and European contributors do not use any other payment method for domestic settlement.
Local rails into South Africa and LatAm
For teams paying contributors in South Africa, or across Latin America including Argentina, Brazil, Chile, and Colombia, Petl Pay routes via local fiat rails. On-ramps and off-ramps typically complete within minutes. This removes the SWIFT overhead entirely for these corridors and brings settlement times down from days to minutes.
USDC wallets for near-instant cross-border settlement
Any contributor on the Petl Pay platform can activate a USDC stablecoin wallet. This enables near-instant cross-border settlement across any corridor, at a cross-border off-ramp fee of approximately 0.5 to 1% when converting back to local fiat. No SWIFT fees. No intermediary delays. No waiting for correspondent banks to process.
For teams where contributors are spread across multiple countries and no single rail covers everyone, USDC becomes the common layer that connects them all.
How it fits together in practice
A UK agency invoices a US client in USD. The client pays via bank transfer into the agency's USD account details in Petl Pay. The agency's UK-based team lead gets paid instantly via open banking. A designer in Cape Town receives payment via local rails in ZAR within minutes. A freelance developer in Brazil gets settled in USDC and converts to BRL at roughly 1%. The whole flow is tracked at the project level, with a single audit trail.
That is one payment received, four contributors paid, three countries, three different rails, no spreadsheet, no manual reconciliation.
Pricing
Plans start from $10/month for solopreneurs and micro-agencies and include acces sto USD/EUR account details, stablecoin wallets, and near-instant bank to bank transfers between UK and EU bank accounts, embedded directly into your projects and invoices. The Business plan at $149/month covers teams with up to 20 active payees, multi-party payment distribution, and full audit and reconciliation tooling. A free tier is available for testing workflows.
Full pricing detail, active payee limits, and volume-based options are on the Petl Pay pricing page.
About Petl Pay
Petl Pay is a payment orchestration platform for project-based teams. One invoice in, every contributor paid out, across fiat, open banking, and stablecoin. petlpay.com
Cross-Border Payments | Open Banking | USDC | USD EUR Invoicing | Contractor Payments | Multi-Party Payments | Petl Pay | Future of Work
