LogoLogo
  • Home
  • HR and Employer Hub
  • Employee and Member Hub
  • What's new in Multiplier
  • Home
  • Account management
    • Create a Multiplier account as an Employer
    • Roles and permissions of admins
      • Super Admin - Role and permissions
      • Payroll Admin - Roles and permissions
      • Billing Admin - Roles and permissions
      • HR Admin - Roles and permissions
    • Assign, edit, or remove admin roles for your employees
    • Organization departments
      • Create departments for your organization on Multiplier
      • Add employees to a department in your organization
      • Move employees from one department to another
      • Edit or delete a department from your organization
    • Set up Okta SSO on your Multiplier account
  • Employer of record (EOR)
    • EOR Onboarding
      • Onboard an EOR Employee on Multiplier
    • Severance Payment accrual for EOR employees
    • Manage employee timesheet
      • Approve or request changes to an employee's timesheet
    • View your employees' payslips
  • Contractor Solutions
    • Contractor onboarding
      • Onboard a Contractor on Multiplier
      • Onboard contractors in bulk on Multiplier
  • Manage contractor timesheet
    • Approve or request changes to a contractor’s timesheet
  • Manage contractor invoices
    • Enable automatic invoices for contractors
    • Approve or reject contractor invoices
    • Upload contractor invoices in bulk on Multiplier
    • Raise invoices from approved timesheets for pay-as-you-go contractors
    • Approve timesheets and raise invoices for pay-as-you-go contractors
  • Manage contractor payments
    • Set up ACH Auto Debit for contractors
    • FAQs - Contractor payments
  • Contractor payment reports
    • Access contractor payment reports as an admin
  • Agent of record (AOR)
    • Onboard a contractor on Multiplier via AOR
    • Onboard AOR contractors in bulk on Multiplier
    • FAQs - Agent of Record (AOR)
  • Immigration support
    • Visa support
      • Initiate visa process during onboarding
      • FAQs - Visa
  • Global payroll
    • Multiplier's Global payroll offering
    • Fund your payroll via Multiplier
    • Onboarding
      • Onboard a global payroll employee on Multiplier
    • Payroll cut-off dates at Multiplier
    • Reports
      • Global payroll reports available on Multiplier
    • FAQs - Global Payroll
    • Publish payslips
      • Approve payroll reports and publish payslips for employees
  • Integration support
    • HRIS Integration
      • Integrate BambooHR with Multiplier
      • Integrate HiBob with Multiplier
      • Integrate Zoho People with Multiplier
      • Multiplier’s integration with Workday Via API
      • Integrate Personio with Multiplier
  • Offboarding
    • Offboard an employee or contractor who resigned
    • Offboard an employee or contractor who is terminated
    • Reschedule offboarding
    • Cancel offboarding
    • Countries eligible for member-initiated resignation
  • IT Asset Support
    • Check IT asset availability by country
    • Equip employees with IT assets
    • Request IT assets while onboarding
  • Employee benefit
    • Multiplier’s Insurance premium calculation
    • Insurance FAQs for HRs and Employers
    • Set up country-specific employee benefits with Multiplier
  • Payment
    • Pay your employees and contractors
    • Supported Payment methods on Multiplier
    • ACH Direct Debit
      • Set up ACH Direct Debit
      • FAQs - ACH direct debit setup and payments
      • ACH Direct Debit payment workflow
      • Disable ACH Direct Debit
    • SEPA Direct Debit
      • SEPA supported countries
    • Multiplier’s payment process for contractors
    • Processing fees on bank transfers
    • FAQs - Multiplier's invoicing process
    • 13th and 14th Month Pay
    • Revise salaries
      • Revise salaries of employees
      • Add or revise only the additional pay for an employee
    • Withdrawal methods available for your workforce
    • Payroll
      • View payroll input details for upcoming and past payroll cycle
      • FAQ - Payroll
    • Pay supplements
      • Add pay supplements for your employees
    • Additional compensation
      • Add additional compensation while onboarding an employee
      • Types of fixed allowances available on Multiplier
      • Types of variable allowances available on Multiplier
      • Billing frequency and pay schedule in additional compensation
  • Compliance
    • Wet ink signatures
    • Job codes in Italy an employer should know
LogoLogo

Policies

  • Privacy Policy

Social Channels

  • Linkedin
  • Youtube

© Copyright Multiplier 2025 — All rights reserved

On this page
  • Processing fee
  • Make payments on the platform

Was this helpful?

Export as PDF
  1. Payment

Processing fees on bank transfers

What is processing fees on bank transfers done via Multiplier

PreviousMultiplier’s payment process for contractorsNextFAQs - Multiplier's invoicing process

Last updated 1 month ago

Was this helpful?

We have built a comprehensive global payment infrastructure at Multiplier to make international money movement easier for you. In other words, you can quickly and conveniently send money in your preferred currency without worrying about how and when your workforce will be paid. Thanks to our partner banks, payment partner integrations, and our in-house team that is relentlessly working towards streamlining payments for our valued customers.

Processing fee

When Multiplier uses payment partners such as banks and wallets for faster processing of payments, we incur cross-border payment charges for collections and disbursements.

To continue providing our customers with top-notch payment services, Multiplier charges a nominal amount of $5 as a processing fee to ensure seamless payouts to their global workforce.

How does Multiplier streamline payments for customers:

  1. Immediate and automated generation of invoices on the dashboard

  2. Faster reconciliation of payments resulting in faster payment confirmation

  3. Real-time status tracking of invoices from the ‘Invoice payments’ module

Make payments on the platform

Today, making payments via the platform is quick and simple. You can log in to Multiplier, navigate to ‘Invoice payments’, select the relevant invoices, and proceed with the payment. Refer to this for a step-by-step guide on how to initiate payments on Multiplier.

document