Rapyd alternative for local payouts from stablecoins
Unigox is a Rapyd alternative if your company holds USDT or USDC and pays customers in local currency, by bank or mobile money, or collects from them into stablecoins. Keep Rapyd for card acceptance, card payouts and issuing.
When to stay with Rapyd
You accept cards online or in store
Rapyd is a Visa and Mastercard acquirer with hosted checkout, payment links, virtual terminals and card machines, priced on Interchange++. The Unigox Payments API collects by bank transfer or mobile money.
You pay out from a fiat balance to cards or crypto wallets
Rapyd Disburse sends from your Rapyd Wallet, topped up through virtual accounts, pushes funds to Visa and Mastercard cards, and pays USDC or USDT to a recipient's wallet. Card issuing sits on the same wallet.
Your company is in the US, where Rapyd is FinCEN-registered
Unigox does not currently offer its services in the United States, and Rapyd's US company is registered with FinCEN as a money services business.
Rapyd Disburse and the Unigox Payments API
| Topic | Rapyd | Unigox |
|---|---|---|
| What it is | A platform to accept, send and hold funds: card acquiring online and in store, payouts, card issuing, and a multi-currency wallet with virtual accounts. | An API for local-currency payouts and collections by bank or mobile money, with your company's side settled in USDT or USDC. |
| Stablecoin payouts | The recipient gets USDC or USDT in their crypto wallet on Ethereum, BNB Smart Chain or Polygon, sent from a Rapyd Wallet balance such as USD. Rapyd says its stablecoin services run through regulated third-party partners. | The other direction: USDT or USDC leaves your partner wallet and the recipient gets local currency in their own bank or mobile money account. |
| Mobile money payouts | Its network page lists bank, card and stablecoin payouts for Kenya, Ghana, Uganda, Tanzania and Rwanda, where e-wallets appear as a way to pay in. Its payouts page names e-wallet payouts across Southeast Asia and Europe. | Bank or mobile money, paid by a payment business connected to Unigox or a P2P merchant. A quote can be limited to payment businesses. |
| Collecting from customers | Cards, local methods and stablecoins, settled to your Rapyd Wallet in fiat, in stablecoins or in both. | The customer pays by bank transfer or mobile money, and USDT or USDC is released to your partner wallet once that payment is confirmed. |
| Pricing | Standard processing rates for Chile, Colombia and Peru, and Interchange++ for cards elsewhere with Rapyd's acquirer fee quoted on request. The pricing page shows no payout fees. | Set per currency and payment method. A quote puts the Unigox fee and your own percentage fee beside the rate and the total. |
| Getting API keys | Sign up and build in the sandbox straight away, with a published OpenAPI specification and Postman collections. | Your company passes KYB first. API credentials and a sandbox that mirrors the production endpoints follow approval and setup. |
| Regulation | E-money institutions in Iceland (for the EEA) and the UK, a Major Payment Institution in Singapore, a money service operator in Hong Kong, a payment services licence in Israel and a FinCEN registration in the US. Elsewhere Rapyd works through network partners. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMove local payouts off Rapyd
Apply as a company
Send your company documents through unigox.com/business. Nothing from your Rapyd account carries over, and API credentials come after approval.
Rewrite the payout call
Where your code asks Rapyd for a payout, the Unigox flow is a quote, then an order, then a transfer your server signs. Build it in the sandbox first.
Top up in USDT or USDC
Fund the partner wallet and switch to the production key. Each customer goes through a Unigox identity check, which can reuse an eligible Sumsub or Persona check.
Rapyd API and pricing questions
Which Rapyd competitors pay local currency out of USDT or USDC?
Unigox is one: its Payments API takes USDT or USDC from your partner wallet and pays the customer's own bank or mobile money account. Rapyd can also hold stablecoins in its wallet and pay out local currency, by bank or card in the African countries its network page lists. Companies like Rapyd that we compare with Unigox on their own pages include Airwallex, Thunes, dLocal, Nium and Tazapay.
See all business comparisonsDoes the Rapyd API work like the Unigox Payments API?
Partly. Rapyd's API covers card acceptance, checkout, payouts and card issuing, and its sandbox opens when you sign up. The Unigox Payments API covers payouts and collections only: your server requests a quote, creates the order and signs the transfer, once your company has passed KYB.
How do Rapyd pricing and fees compare with Unigox?
Rapyd publishes standard processing rates for Chile, Colombia and Peru and Interchange++ for cards elsewhere, with its own acquirer fee quoted on request; its pricing page shows no payout fees. Every Unigox Payments API quote shows the Unigox fee, your own fee and the total before you create the order.
Is there an alternative to Rapyd for payouts only, with cards staying on Rapyd?
Yes. They are separate integrations, so card acceptance and card payouts can stay on Rapyd while your app sends stablecoin-funded payouts through Unigox. Your company, each customer and the partner wallet are set up from scratch with Unigox.
Check your Rapyd payout countries with us
Send us the countries where Rapyd Disburse pays your customers today and whether they get paid to a bank or a mobile money account. We answer with the ones the Payments API serves, per payment method, before your developers start on the payout call.
Rapyd and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.