Reap Global alternative for paying users from stablecoins
Reap's Payments module pays over SWIFT and bank rails, funded per user or from a balance. A Reap Global alternative pays users local money to bank or mobile money from a USDT or USDC partner wallet. Keep Reap for cards.
When to stay with Reap
You run a card programme on Reap
Reap is a Visa Principal Member running stablecoin card programmes, with card issuing live in Hong Kong and Mexico, and its payouts sit on the same integration. Unigox issues no cards.
Your clients pay suppliers abroad by SWIFT
Reap sells payouts to cross-border B2B platforms whose clients pay international suppliers, over SWIFT or local bank rails, with USD SWIFT into Asia. The Unigox Payments API pays into local accounts: the customer's own bank or mobile money account, or on supported routes another person's or business's account. Each such quote states the relationship and purpose.
You fund payouts in fiat
Reap lets a payout draw on a fiat deposit sent over local rails instead of stablecoins. On Unigox, each payout draws on the USDT or USDC you hold in the partner wallet.
Reap Global vs Unigox: one payout to a user's local account
| Topic | Reap Global | Unigox |
|---|---|---|
| Paid to | A recipient's bank account, by SWIFT or over local rails such as SEPA, FPS, ACH, SPEI, PIX and UAEFTS. Reap's Payments page describes every payout as landing in a bank account and names no mobile money destination. | The customer's own bank or mobile money account or, on supported routes, the account of a registered recipient: another person or a business. |
| Who sends the local money | Reap converts the stablecoins, picks the rail and makes the payout itself, with compliance screening in the same flow. | A payment business connected to Unigox or an individual P2P merchant makes the local payment; a quote can be limited to payment businesses only. |
| Stablecoin before the payout | Each end user gets dedicated blockchain wallets at Reap, funded with USDC or USDT on Ethereum, Polygon, Solana or Tron. A transfer within Reap or an automatic top-up from your Reap balance can also fund a payment. | Stays in your partner wallet, which your server signs out of, until you sign each order into on-chain escrow. A funded payout that stops waits in escrow until your server signs its refund back to that wallet. |
| Pricing | API payouts are priced in a proposal from Reap's sales team. Manual payments through Reap Bill Pay cost 0.5% on bank transfers (varying with volume), a 25 USD cross-border fee, 0 to 5 USD per local payment and a variable FX rate. | Set per currency and payment method. Every quote lists the rate, the Unigox fee, your own fee and the total; an order that does not complete costs nothing. |
| Status tracking | Reap aims to start a funded payout the same day in the UTC+8 banking timezone, once it passes compliance review. Crediting time depends on the corridor. A webhook fires at each stage from Draft to Payout Completed. An approval flag holds a payment at a locked FX quote. | Signed webhooks report order status, refunds and customer identity checks. |
| Getting access | A scoping call on corridors, volumes and funding model, then API credentials, IP whitelisting and a sandbox with simulation endpoints. The Payments documents are shared on request. | A call to agree markets, then KYB. API credentials follow approval, for a sandbox with the same endpoints as production and a Postman collection. |
| Regulation | Hong Kong remittances run through Reap (Remit) Limited, a Money Services Operator under the Hong Kong Customs and Excise Department; a Mexican entity is a CNBV-registered money transmitter. Reap is part of Payward. | 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 user payouts from Reap to Unigox
Say how your users get paid
Tell us the payout markets and whether your users are paid to banks or mobile money, then send the company documents for KYB. Reap's onboarding does not carry over.
Replace the Reap payment call
Where your code created a Reap payment against a user's dedicated wallet, request a Unigox quote, create the order and sign its USDT or USDC into escrow. Users checked with Sumsub or Persona can reuse an eligible check.
Top up the partner wallet and go live
Test a completed payout and a refunded one in the sandbox, then move to the production key and hold your payout float as USDT or USDC in the partner wallet.
Reap Global alternatives: questions
What is Reap Global, and when does Unigox replace it?
Reap is a Hong Kong company, part of Payward, that issues stablecoin cards and, through its Payments module, converts USDC or USDT and pays out over SWIFT and bank rails. Unigox replaces it for a crypto app paying its own users when some of them want the money on a mobile money account. It also fits where no connected payment business covers a route and a P2P merchant should make the local payment. Card programmes stay on Reap.
How Payments API payouts workCan Reap Payments send money to mobile money wallets?
Reap's Payments page describes payouts into bank accounts, over SWIFT and local rails such as SEPA, FPS, ACH, SPEI and PIX, and names no mobile money destination. The Unigox Payments API pays to the customer's own bank account or mobile money account.
What does Reap charge for payouts through its API?
Reap quotes API payouts in a custom proposal; only its manual Bill Pay payouts have public prices. On Unigox each quote shows the fee for that order next to the rate before you create it.
Tell us how your users get paid
Send us the payout markets, the share going to mobile money and your monthly payout volume in USDT or USDC. We confirm what the Payments API covers before you build.
Reap Global 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.