i-payout – formally known as International Payout Systems, Inc. – provides global payment transmission and management services – a fair percentage of them are in the direct selling business.
The company provides payments in 45 local currencies, via eWallets, prepaid cards, bank transfers, paper checks, bank wires and more.
i-payout world-wide payment services free-up companies from the burden of payment administration which includes cultivating banking relationships, tracking regulatory changes and observing the tax implications relevant to your transactions. Ultimately, they are a software logistics company that simplifies global commerce.
Ted Nuyten had the honor to interview Shawn Moylan, Chief Compliance Officer.
What do you do?
We live in a heavily regulated world that continues to get more and more regulated. I’m responsible for ensuring that i-payout is abiding by the letter and the spirit of those