June/July 2022: SOC 2, multi-language tax form support, & API/widget URLs
In May 2022 alone, our engineers have delivered major product updates that drive Trolley toward our goal of creating the payouts platform for the internet economy.
The Payouts Platform for the Internet Economy
Screen recipients to maintain payout compliance
Trolley's robust set of controls and procedures makes it easier to play by the rules governing payments. The Trolley Platform helps you maintain compliance with government regulations, local payment regulations, and network rules.
Mitigate Risk & Fraud with Trolley's Compliance Tools
Watchlist Screening
International payments are complicated enough without having to also deal with additional compliance, Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) concerns. Trolley has a built-in compliance engine that screens individuals and entities against all the necessary global watchlists (such as OFAC, EU, OSFI, HMT …).
Our AML watchlist screening service leverages the most advanced AI and fuzzy matching logic to help secure your business from bad actors and ensure that every payment is checked for legitimacy and legality.
COMING SOON
Fraud Management
Trolley’s built-in fraud monitoring service leverages the latest in machine learning and big data to identify bad actors in your user-base before payments are sent out, saving you from potentially large fraud losses before they happen.
Using data points such as IP address, device fingerprints, geolocation data, email, payout account details, and many other proprietary risk rules, we can help identify potential fraudsters in real-time and disable user accounts for your review.
We allow you to leverage the confirmed bad user data from thousands of other online marketplaces, share economy platforms, affiliate platforms, and money transfer providers.
COMING SOON
ID Verification
Streamline your KYC and onboarding of contract workers and freelancers on your platform using our built-in automated eKYC and identity verification service, powered by AI.
Verify the authenticity of ID documents such as drivers licenses and passports, as well as validate name and address information against credit reporting agencies and other trusted data sources, covering 175+ countries.
Great tool for sending payments across the globe
We saved time using Payment Rails compared to our previous methods, and also solved challenges sending payments to more countries across the world (which was really important as our online lesson offerings scaled up to include students and teachers in more countries).
Jonah C.
Director
Big fan
Trolley enables our two-sided marketplace to pay freelancers in nearly every country in the world in just a few days with their local currency. It handles FX and all the headaches involved with taxes. Show me another platform that does that.
Sam W
CEO & Co-founder
Solved a lot of our issues
Centralized platform, full visibility on all that is happening, intuitive, different balances.
Alexandra S
Senior Associate - Finance
A true time saver
We have tried multiple payment offerings, the ability to quickly onboard all of our vendors, collect tax information and set them up for payments is the big differentiator for Trolley. We used to have to use a second system for tax reporting and now all of that is integrated into one platform. We also used the API and linked the system to our accounting platform. Now we simply initiatie payments right from our accounting system.
Peter A
Founder
Good platform for international payments
Collects all information required, including banking and tax information. Supports many international countries. Has decent conversion rates. Easy to integrate securely via email or iframe.
Byron H
CTO
Best of Class / One of a Kind
The tax form features and payout options. The Refersion integration and API.
Spencer M
Chief of Staff
Ready to get started?
Integrate, onboard, schedule, pay, communicate, and comply—all from the Trolley platform & API—with little effort required.
