Wallet-based funding
for global payouts
Modern PayEngine is the funding and execution layer behind global payroll, contractor payouts, and vendor payments. It centralizes how funds are held, converted, and released — giving finance teams more predictability across borders.
Instead of relying on multiple banks, variable foreign exchange (FX) timing, and opaque settlement flows, Modern PayEngine introduces a governed, wallet-based model designed for enterprise operations.
FX lock (defined)
FX lock means the conversion rate is set before payout release — so the delivered amount in the target currency is known ahead of execution.
Why timing matters
In many workflows, FX conversion happens late (after approvals or funding), which increases exposure to rate movement and settlement variability.
Wallet-based holding
Converted funds can be held in multi-currency wallets, reducing dependency on bank windows and improving treasury control.
Operational clarity
Clear conversion timing and wallet balances reduce exceptions, escalations, and manual reconciliation work.
Cost efficiency
Controlling FX timing and reducing unnecessary intermediaries can lower frictional costs and reduce working-capital buffers.
Governance over promises
Modern PayEngine does not promise a single “best rate.” It provides transparency, control, and auditability across FX and payout flows.