Payd x Borderless.xyz - Global Payments For The Gig Economy

Our partnership with Borderless brings us closer to making it easier for gig workers and entrepreneurs to navigate the global economy.

Payd x Borderless.xyz

At Payd, our mission has always been clear: to create a seamless financial experience for freelancers, gig workers, and online entrepreneurs in emerging markets. We want our users to focus on their work and creativity, not the headaches of international payments and financial management. That’s why we are thrilled to announce our partnership with Borderless.xyz, a platform redefining cross-border payments with unparalleled accessibility and efficiency.

This collaboration is a significant leap forward for the Payd ecosystem, combining our user-first tools with Borderless’ global payment infrastructure. Together, we’re building a world where earning globally and spending locally is no longer a challenge but a seamless reality.

About Payd

Payd is a platform designed for the future of work. We simplify global payments, enable spending in local currencies, and provide tools to help gig workers and entrepreneurs manage their finances better.

With tools like:

• Payd Wallet for holding multiple currencies, tracking income, and spending locally.
• Payd Links to accept payments from clients globally through short payment links.
• Payd Shops for online merchants and entrepreneurs looking to sell online with ease.
• Payd Experiences for event organizers to manage ticketing and payments.

We aim to empower users with the financial tools they need to thrive in the global economy.

About Borderless.xyz

Borderless.xyz is an innovative payment platform that connects users to global banking rails. By offering payment support in 50+ countries, virtual dollar accounts, and affordable transaction fees, Borderless is closing the gap in cross-border financial inclusion.

Their mission aligns perfectly with ours: to empower individuals and businesses in emerging markets with seamless access to global financial systems.

What This Partnership Brings to Payd Users

1. Expanded Global Reach

With Borderless’ infrastructure, Payd users can now send and receive payments across 50+ countries, unlocking new opportunities for gig workers to access clients and markets worldwide.

2. Virtual Dollar Accounts

Our users will soon be able to generate virtual dollar accounts to receive payments in USD from clients globally. These payments will seamlessly settle into Payd Wallets as stablecoins (e.g., cUSD) or local currencies, making global earnings instantly usable.

3. A Unified Payment Experience

All global payment functionalities will be accessible directly within the Payd Wallet, creating a one-stop shop for managing global earnings, local spending, and financial planning.

Why This Partnership Matters

The gig economy is worth over $1.5 trillion globally and is growing rapidly, especially in emerging markets like Africa and LATAM. However, barriers such as high transaction fees, delayed payments, and limited access to banking services continue to hold back gig workers and entrepreneurs.

This partnership addresses these challenges head-on by:

• Providing a cost-effective, fast, and scalable solution for global payments.
• Enabling financial inclusion for users in underserved markets.
• Strengthening Payd’s position as the go-to financial platform for gig workers.

The Future

At Payd, we believe the future of work is global, and the financial systems supporting it must be inclusive and efficient. Our partnership with Borderless brings us closer to that vision, making it easier than ever for gig workers and entrepreneurs to navigate the global economy.

We’re excited about this journey and can’t wait to share more updates as we continue to build.

Payd Twitter - x.com/paydhq Borderless.xyz Twitter - x.com/borderlessxyz