Payyd

What is Payyd and what do they do?

Payyd operates as a backend orchestration layer connecting businesses to a network of regulated institutions and technology partners through standardised APIs. Rather than building and maintaining integrations with individual banks and payment providers one by one, businesses plug into Payyd once and route transactions across multiple partners through its infrastructure.

The platform grew out of a cross-border payment collection app for exporters in South Asia, and that product remains central to its offering. Exporters in Bangladesh, India, Indonesia, Malaysia, Nepal, Pakistan, the Philippines, Singapore, Thailand and Vietnam use Payyd to collect payments from buyers in the US, UK, Europe and Brazil directly on mobile, without needing to open separate bank accounts or digital wallets for each market they sell into.

Beyond exporter payments, Payyd has broadened into an orchestration layer for commerce applications, marketplaces, platforms and enterprises with cross-border operations. It combines modular, developer-first APIs with compliance-ready infrastructure, and its architecture is built for high-volume environments, with dynamic routing across providers intended to keep reliability steady as transaction volume scales.

Who is it for?

Payyd is built for businesses that collect or move money internationally and want to avoid managing several separate payment integrations. Its stated focus verticals include exporters of goods and services, e-commerce brands and marketplace sellers, SaaS companies adding alternative payment methods, digital goods sellers, and travel businesses such as online travel agencies and tour operators.

It also serves financial businesses directly: Payment Service Providers (PSPs), remittance companies and neobanks use Payyd's infrastructure to extend into new markets or payment methods without building the underlying provider connections themselves. Across these verticals, the common thread is recurring cross-border flow — collecting from international customers or paying out to overseas partners — where handling each market through a separate local provider would otherwise mean a new integration every time.

Why do businesses choose Payyd?

• Lower-cost alternative to wire transfers: positioned as a way to avoid the 5–8% many exporters lose to hidden fees and intermediary banks on international wires.
• Escrow pay support: buyers and sellers can agree terms upfront and hold funds securely against a contract until conditions are met.
• Built-in compliance documentation: exporters can generate a Foreign Inward Remittance Certificate (FIRC) and proof of payment directly through the platform instead of chasing paperwork from a bank.
• Intelligent routing: transactions move dynamically across Payyd's network of regulated partners to improve reliability and settlement speed.
• Modular APIs: developer-first integration lets platforms and marketplaces add cross-border collection and payout capability without managing multiple provider relationships individually.

Businesses using Corefy can simply obtain a MID from Payyd and connect it to Corefy's dashboard in a few clicks, without dealing with any integration work.

Is Payyd trustworthy?

Payyd's infrastructure is built to work with licensed institutions and regulated partners across the jurisdictions it operates in, with security and regulatory alignment positioned as core design principles of its orchestration layer. Its export payment collection service is available to exporters across ten markets in South Asia and Southeast Asia, handling collections from major buyer markets including the US, UK and Europe. The platform applies bank-level security to transactions and generates compliance documentation, such as FIRC certificates for Indian exporters, automatically as part of the payment flow.