Cross-border payments are one of the hardest jobs you take on as a small business owner. Manual payment runs take hours. A single typo in a recipient’s name can hold up your vendor for days. Remitly Business is built to take that work — and risk — off your plate. 

Remitly Business is built on the same infrastructure that 9.6 million Remitly customers already trust to move money across borders. It’s designed for an owner running the books, not a corporate treasury team. More than 20,000 businesses already use the product. 

Today, Remitly is introducing two new features built to address the specific needs of small businesses like yours: Bulk Payments and Send by Link.

Bulk Payments Handle Payment Runs Faster
With Bulk Payments, you can pay multiple recipients in a single workflow — contractors, freelancers, suppliers, or international team members. Just select your recipients from a list, see delivery speed, fees, and totals for every payment in one view, and approve. If your business runs a monthly pay cycle, what used to take half a day could now take minutes. 

Send by Link Reduces Payment Errors

Incorrect recipient details — a misspelled name, a mismatched government ID, an outdated bank account number — are one of the leading causes of failed cross-border payments today. Collecting those details usually means asking a vendor or contractor to share sensitive banking information by email or other less secure channels — an awkward exchange most senders would rather avoid.

With Send by Link, you can initiate a payment using only your recipient’s email and phone number. Your recipient provides their payment details directly through a secure link, in their own time, so you never have to collect or see sensitive information.

“When you pay your mother, you trust her before you ever hit send. When you pay a contractor on the other side of the world, you’re either handing sensitive details to someone you barely know — or asking them to,” said Ankur Tiwari, VP, Product, Remitly. “We built Send by Link so that never has to happen.”

Now Generally Available in Canada

Small and medium-sized businesses in Canada can now use Remitly Business to pay contractors, suppliers, and global teams in over 100 countries — joining US and UK SMBs on the platform. 

Canadians have trusted Remitly to send money to loved ones around the world for more than a decade. In 2024, Remitly opened an office in the Vancouver area and joined Fintechs Canada to help shape policy on behalf of Canadian customers, alongside community partnerships with organizations like Websummit Vancouver, BC Tech, Latincouver, S.U.C.C.E.S.S., the Indo Pacific Foundation, Filipino BC, and Inter Toronto. The company has continued to expand its Canadian payment network, adding support for Interac e-Transfers, major Canadian bank accounts, and debit and credit cards. Most recently, Remitly received registration approval under Canada’s Retail Payment Activities Act (RPAA), making the company a regulated payment service provider in Canada and an advocate of advancing Canada’s payments infrastructure with access to open banking and real time payment rails.

Ready to try it?
Remitly Business is available now to customers in the US, UK, and Canada. Send by Link is generally available to US customers. Bulk Payments is rolling out now to select US customers, with general availability to follow.

If you’re new to Remitly Business in Canada, you can save $130 CAN across your first two transfers — $65 CAN off each  – on transfers of $200 CAN or more. Take advantage of this offer at Remitly.com or visit Remitly.com/Business to sign up.