Show IH: Launching our B2B payments platform - Routable
Show IH: Launching our B2B payments platform - Routable
Hey IH 👋
I'm one of the creators of https://routable.com, and I’m very excited to be posting here for the first time.
Special thanks to @sheminusminus for teaching me about IH ❤️
For the past year or so we’ve been laying low, working with and listening to our beta customers. This week marks the first time we’ve shared our platform with the world.
In short, Routable is a simple way for companies to send B2B payments (e.g. bill payments and invoices).
We decided to build this product after my co-founder and I built payment systems in-house at the companies we previously worked at. After conducting 300+ customer development interviews, we knew that this was a pain point for companies small and large.
If you want to know how it all works, I’m happy to show a demo -- just give me a shout!
#show #product-feedback-request
Looks interesting. Is this something like paymentrails.com ? Or you don't handle the actual money transfer side?
@virgil similar indeed! We also do the transfers 👍
You don't support EU companies or wire transfers? I only see ACH wire domestic.
Not yet. Right now supporting US companies only. Will be launching wire transfer in a couple of months 😊
Ok. We're integrating PaymentRails now and we will send customers to them(our customers look for ways to do payouts to their partners).
The problem with their service is that don't seem to generate invoices and also charge a monthly fee on top of the transaction fees.
However, we need worldwide coverage not just US.
@virgil we got the invoices covered, and will be able to do checks as well to ACH.
want to email me - omri@routable.com - and I can follow up as we launch our cross-border payments?