Send Payments
Send money anywhere — fast, simple, and built for global business.
9 articles
Types
Explore all the ways you can pay and the currencies you can use.
What currencies can I make payments in?You can make payments in over 40 global currencies directly from your Payments tab. Most currencies are available instantly, while a few can be enabled on request.
How To
Your playbook for sending, tracking, and managing payments seamlessly.
How to set up and manage payeesBefore you can send money through Loop, you’ll need to add the recipient as a payee. Once a payee is added, their information is securely saved — making future payments…
How to send a wire transferYou can send wire transfers by adding your recipient as a payee and using Send Payments. Loop automatically selects the best available network — whether it’s ACH, Wire, or Faster Payments…
How to send payments internationallySend international payments in just a few steps. Add your recipient as payee, choose your funding source, and Loop automatically selects the fastest, most cost-effective network — like SWIFT, ACH,…
How to set up payment approval workflowsMake faster and more secure payments with configurable approval workflows in Loop. Set clear roles for creators and approvers to ensure every payment is reviewed before it’s sent — giving your business…
How to troubleshoot a failed paymentIf a payment fails, don’t worry — this can happen for a few common reasons, such as incorrect details or insufficient funds. Loop’s dedicated support team is here to help…
FAQs
Your top payment questions — answered right here.
What is the difference between a Local vs Wire transfer?Local transfers (ACH, EFT, SEPA) move money through domestic banking networks — simple, secure, and free. Wire transfers send funds through international or interbank systems — faster for cross-border payments,…
How long do payments take to complete?Most payments sent from your Loop account complete within 1–3 business days, depending on the payment method, currency, and destination. Some transfers — like internal Loop payments — complete instantly.