> ## Documentation Index
> Fetch the complete documentation index at: https://docs.rampnow.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Vendor & Contractor Payments

> Use Rampnow to pay global vendors, suppliers and contractors through a crypto-funded payout infrastructure.

Rampnow enables businesses to **pay vendors across the world using crypto as the funding source**.\
Instead of dealing with slow, complex and expensive international bank transfers, simply send crypto to Rampnow and we handle the **FX conversion + payout execution**.

This is ideal for companies that operate globally and settle invoices or service fees for vendors based in Europe, India, Southeast Asia, Africa and other regions.

<Note>
  This use case mirrors a corporate treasury workflow:\
  **You fund in crypto → Rampnow converts → Vendor receives fiat in their local bank account.**
</Note>

## Why Use Rampnow for Vendor Payments?

<div style={{display: 'grid', gridTemplateColumns: '1fr 1fr', gap: '1rem'}}>
  <Card title="Global Coverage" icon="globe">
    Pay suppliers in EUR, GBP, USD, INR, PHP, IDR and more
  </Card>

  <Card title="Seamless Crypto Funding" icon="coins">
    Fund payments with USDC, USDT.
  </Card>

  <Card title="Automated FX Routing" icon="shuffle">
    Best execution routing across liquidity partners
  </Card>
</div>

# Typical Vendor Payment Workflow

<Steps>
  <Step title="1. Add Vendor as Beneficiary" icon="user-plus">
    Create a vendor record with:

    * Business or individual name
    * Country
    * Bank details (IBAN, UPI, local rails, e-wallet)
    * Currency (EUR)
    * Chain (fiat)
    * Invoice or reference metadata
  </Step>

  <Step title="2. Fund the Payment Using Crypto" icon="coins">
    You send crypto to a Rampnow deposit address. Supported crypto:

    * USDC (Solana,Ethereum, Base, Arbitrum, Polygon…)
    * USDT (Solana,Ethereum, Arbitrum, Polygon…)

    <Check>Funds are credited after blockchain confirmations.</Check>
  </Step>

  <Step title="3. FX Conversion" icon="money-bill-transfer">
    Rampnow converts your crypto to local fiat through the Liquidity Engine:

    * Multi-source liquidity aggregation
    * Smart routing
    * Minimized slippage
    * Corridor-specific pricing
  </Step>

  <Step title="4. Execute Payout to Vendor" icon="paper-plane">
    Funds are delivered through local payout rails:

    * **SEPA (EUR)**
    * **FPS (GBP)**
    * **ACH, SWIFT (USD)**
    * **IMPS(INR)**
    * **Local bank rails (IDR, PHP)**

    <Note>Batch vendor payments supported.</Note>
  </Step>

  <Step title="5. Settlement + Reconciliation" icon="file-invoice">
    You receive:

    * Payout confirmation
    * FX breakdown
    * Crypto → Fiat conversion report
    * Vendor reference mapping
    * Successful / failed event notifications (via webhooks)
    * Partner Fee breakdown
  </Step>
</Steps>

# Supported Fiat Corridors

<div style={{display: 'grid', gridTemplateColumns: '1fr 1fr 1fr', gap: '1rem'}}>
  <Card title="EUR – Europe" icon="euro-sign">
    Local SEPA payout\
    Instant or Next-Day settlement
  </Card>

  <Card title="INR – India" icon="indian-rupee-sign">
    IMPS for vendor payments\
    Instant or Same-Day
  </Card>

  <Card title="PHP – Philippines" icon="peso-sign">
    Domestic Bank payouts + e-wallets
  </Card>

  <Card title="IDR – Indonesia" icon="money-bill-wave">
    Domestic bank payouts
  </Card>

  <Card title="GBP – UK" icon="sterling-sign">
    FPS payout rail
  </Card>

  <Card title="USD – Selected Markets" icon="dollar-sign">
    ACH, SWIFT corridor payouts
  </Card>
</div>

## When to Use Vendor Payments

Use this module when you want to:

* Pay suppliers or contractors using crypto-funded payouts
* Settle invoices across multiple countries
* Replace costly SWIFT transfers
* Automate recurring vendor payments
* Combine crypto revenue + fiat operating expenses
* Build a B2B payment product or treasury automation system

Vendor payments can be combined with Offramp, Swap and Bridge flows to build advanced treasury pipelines.

## Related Pages

<div style={{display: 'grid', gridTemplateColumns: '1fr 1fr', gap: '1rem'}}>
  <Card href="/quickstart/make-payments/payout-API" title="Payout API" icon="code">
    Send single or batch payouts using the API
  </Card>

  <Card href="/quickstart/make-payments/FX-routing" title="FX Routing" icon="shuffle">
    Learn how crypto → fiat routing and conversion works
  </Card>

  <Card href="/quickstart/make-payments/Reporting-and-settlement" title="Settlement" icon="file-lines">
    Reporting, reconciliation and settlement details
  </Card>

  <Card href="/quickstart/make-payments/global-payroll-usecase" title="Global Payroll" icon="users">
    Pay employees globally with a crypto-funded payroll
  </Card>
</div>