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
  • Withdrawal methods details
  • Local bank transfers
  • Crypto
  • PayPal
  • Payoneer
  • Multiplier Wallet (Coming soon)

Was this helpful?

Export as PDF
  1. Payment

Withdrawal methods available for your workforce

What are the withdrawal methods available for your workforce on Multiplier?

Multiplier offers a range of withdrawal options tailored to different employment types. Here's an overview of the available methods:

Workforce Type
Available withdrawal methods on Multiplier

Contractor

Local Bank Transfers, Crypto, PayPal, Payoneer, Wallet (pre and post onboarding)

Employer of Record (EOR)

Local Bank Transfers, Crypto, Wallet (pre and post onboarding)

Global Payroll (GP) - Company Onboarding

Local Bank Transfers

Withdrawal methods details

Local bank transfers

Contractors can seamlessly receive payments into their local bank accounts provided to Multiplier during every pay period.

Crypto

Contractors will receive a payment link instead of a direct bank transfer. They can choose to accept payments in any supported cryptocurrency. The amount can then be transferred to their crypto wallet based on the exchange rate on the transfer day after deducting applicable platform service fees.

PayPal

Multiplier supports PayPal wallets. Contractors must provide the email address associated with their PayPal wallet to receive payments. Once the client makes the payment, the approved invoice amount will be credited to their PayPal wallet.

Payoneer

Contractors can provide the email associated with their Payoneer account to receive payments securely and conveniently.

Multiplier Wallet (Coming soon)

The Multiplier Wallet allows contractors to sign up for a digital wallet to hold funds. Contractors can keep funds in their wallets and withdraw later, providing flexibility in managing their payments.

PreviousAdd or revise only the additional pay for an employeeNextPayroll

Last updated 1 month ago

Was this helpful?