New feature release | 2025 May

Change your payout currency as a contractor

Multiplier's latest feature empowers contractors and Agent of Record (AOR) contractors to withdraw funds in their preferred currency, enhancing flexibility and efficiency in global payments. This update allows for seamless transactions in over 120 currencies, ensuring that contractors receive payments in alignment with their local financial systems. By accommodating multiple currencies, Multiplier simplifies the payment process, reduces conversion fees, and supports compliance with local regulations, making it easier for businesses to manage a diverse, international workforce.

Key Benefits:

• Flexible Currency Options: Contractors can choose to be paid in USD, EUR, or their local currency, depending on their country of residence and banking regulations.

• Streamlined Payments: Employers can process payments in their preferred billing currency, with Multiplier handling the conversion and ensuring timely disbursement to contractors.

• Compliance Assurance: By facilitating payments in accordance with local labor laws and tax regulations, Multiplier helps mitigate compliance risks associated with international contractor engagements.

Learn how to change your payout currency as a contractor on Multiplier

Faster COR onboarding experience

We’ve enhanced our COR (Contractor of Record) onboarding workflow to make it quicker, smoother, and more intuitive than ever before.

Enhancements:

• No Order Form step required

• No internal signatory needed in select cases

• You no longer need to add the contractor’s address and phone number during onboarding

• Standardized job description support for COR onboarding

Key benefits:

• Faster contract generation: Generate an Independent Contractor Agreement in under 5 minutes with the new description of work field.

Streamlined, self-serve onboarding: Just enter a few essential job and payment details, and you're done. No dependencies. No delays. No bottlenecks.

Learn how to onboard a COR contractor on Multiplier.