More currencies, fewer problems.
Routable's international payments platform continues to grow! We've added the ability to send US dollars (USD), British pounds (GBP), or Euros (EUR) to any of our more than 200 Supported Countries and Territories via the SWIFT network. Of course, if the vendor's local currency is not one of those three but is supported by our platform, the vendor will continue to receive that currency as well. The Routable API will automatically detect what currency is expected by the vendor's receiving bank account, and the vendor will receive funds in that currency. You don't need to change anything in your Payable API requests to use this new feature!
International Payable Support for Mexican pesos and Chinese yuan added
We're excited to bring you two more ways to speed your payments around the world.
Onboarding International Vendors Just Got Easier!
Routable is excited to announce that our API now supports creation of PaymentMethods with a type
of international
. This means you can now fully integrate the onboarding process for your International Payments vendors in your applications as easily as you do for your domestic vendors. Of course, if you prefer to use Routable's hosted onboarding experience, branded with your company's logo and colors, that option remains available as well.
Accounts Receivable Automation: Solved
Now, receiving can be as good as giving.
Sharing SWIFT fees with your vendors
As Routable continues to enhance our International Payments offering, we have added the ability to share SWIFT network fees with your vendors. Specify a swift_charge_option
of sha
to share the fees, or pass our
to cover the entire fee yourself. The default behavior, our
, was previously the only available option, so unless you choose to use the new option, you won't need to change your code. You can use our fee calculator endpoint to see the impact of these options on your total charges.
Custom Check Stubs, Accounting Software Object listing, and Company Update support added
We've got a big update for you today with 3️⃣ awesome new API features to discuss! 🎉
Real-Time Payment Support added
Routable is excited to announce the launch of Real-Time Payment support, a new payment method available in the Routable API as well as the Routable Dashboard.
Support contacts associated with multiple companies
We now support creating two or more contact entries that use the same email address. This could be the case if (for example) your company does business with the same contractor at several companies 😁 .
See the allow_for_multiple_companies
parameter under the Create a Contact API documentation.
Support added for updating Payables
We're pleased to announce that we have deployed the ability to update Payables in the Routable API. You can now change payout dates, accounts, line items, and even payment types with a single API request.
Ditch the Emails with our new External Redirect onboarding flow
Since we introduced our Invite a Company workflow, one of the most common requests has been the ability to turn off the reliance on the invitation email and instead inject the Routable-provided onboarding experience directly into your application's own onboarding workflow. We're excited to say, we've heard you and that feature has launched today!