ThePaymaster provides an online paymaster platform that digitises high‑value payment workflows, offering a flat 1% fee regardless of the number of recipients. It supports multi‑currency transfers (GBP, EUR, USD, 30+ currencies) and optional USDT conversion, with blockchain‑based Transaction NFTs delivering immutable, transparent records. The service integrates automated onboarding via Sumsub and is approved by HSBC and Revolut for secure, regulated paymaster operations.
Funding
Funding not disclosed
Founders
Product
Problem
High‑value payments such as private placements, real‑estate deals, or M&A transactions traditionally rely on manual paymaster processes that are slow, opaque, and costly, especially when multiple recipients are involved.
Solution
ThePaymaster digitises the paymaster function by providing an online platform that handles high‑value transactions in over 30 fiat and crypto currencies. Each payment is recorded as a patent‑pending Transaction NFT on a blockchain, delivering an immutable audit trail that users can monitor in real time through a dedicated portal. Automated identity verification via Sumsub streamlines onboarding while maintaining compliance with financial crime regulations. The service is backed by HSBC and Revolut, ensuring high‑capacity banking support, and offers a flat 1 % fee regardless of the number of beneficiaries, simplifying cost structures for large or recurring disbursements.
Target Audience
Primary customers are corporations, fund managers, and advisors handling large‑scale disbursements such as private placements, real‑estate transactions, mergers & acquisitions, commodities trading, and high‑value asset sales.
Features
- Blockchain‑based Transaction NFTs that create permanent, tamper‑proof records for every payment
- Real‑time Transaction Portal providing end‑to‑end visibility of payment status and routing
- Automated Sumsub verification for rapid, secure onboarding of payees
- Support for GBP, EUR, USD and 30+ additional currencies, with optional USDT conversion for recipients
- Integration with HSBC Business and Revolut for high‑capacity, regulated paymaster services
- Flat 1 % fee model that applies uniformly across any number of recipients