Inside DAC7: The EU’s Newest Tax Directive & Its Implementation Status [March 2023]
The EU’s newest tax directive, DAC7, which applies as of 1 January 2023, imposes new obligations on online marketplaces that have sellers based in the EU.
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Pay your global suppliers faster, with the payout methods and currencies they prefer. Collect tax information, calculate withholding for suppliers around the world, and manages bulk payouts in 130+ currencies.
The hardest part of your accounts payable process just became the easiest with Trolley.
"Trolley reduced our overhead for Accounts Payable by 90% by automating payouts, collecting tax details, and handling currency conversions on the fly."
Kain Jones, CEO –
Our Benefits
Payout to 1 or 1,000 suppliers in 1 click
Trolley's mass payouts tool makes it easy to pay suppliers as easily as sending an email. Scale up your accounts payable with your business, no matter your size.
Automate tax compliance for suppliers
Automatically collect tax forms and withhold the correct amount of taxes based on every supplier's country of residence. We keep all your records and withholding levels up to date so end-of-year filing is a snap.
Pay more suppliers faster
Keep your suppliers happier by paying them in their own currency, faster and more conveniently than via bank transfer or money order. Happy suppliers stay with you longer, improving your bottom-line.
The worst part of paying global suppliers is tax compliance
The United States has treaties controlling how much tax needs to be withheld in dozens of different currencies to scores of different countries all over the world. Keeping up to date on the current policies and finding a fast, reliable way to send money every month or every quarter takes needless hours. Speed up your payouts with Trolley.
What makes Trolley better?
Multi-Channel
No more need to juggle multiple bank accounts, currencies, FX and payment method
Multiple Currencies
Pick and currency, and currency. We got it!
Worldwide Coverage
One platform. Global reach. Access new markets as you scale your business.
Payment Options
More payment options for your recipients
Plug and Play
Use your own Paypal wallet for a simplified and integrated experience
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