NOWPayments Launches Zero-Fee Crypto Payout System for Businesses

Crypto payment gateway NOWPayments has launched a new payout infrastructure that allows businesses to send mass cryptocurrency payments without incurring network or service fees. The system replaces traditional wallet-based transfers with instant, email-based transactions, a move the company says is intended to eliminate unnecessary costs and operational burdens for high-volume platforms.

Challenging Traditional Payout Models

According to a company announcement, the new system addresses the complexities associated with conventional crypto payouts, which require businesses to collect and validate wallet addresses, manage multiple blockchain networks, and absorb transaction fees. Instead, companies can now use an email address as the payout destination, automating the process for recipients.

"The market has spent years competing over who can charge less per payout," said NOWPayments CEO Kate Lifshits in the statement. "We are asking a more important question: why should businesses pay per payout at all?"

Targeting Operational Inefficiencies

The service is designed to mitigate what the company calls a major hidden operational cost for businesses that process a large number of payments. These include affiliate platforms, online marketplaces, gaming companies, and payroll providers.

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NOWPayments highlights several key benefits of the email-based system:

• Zero network fees and zero service fees for payouts.
• Under-one-second delivery times.
• Automated recipient onboarding and a reduction in failed transactions.
• Lowered costs for customer and payment support.

Potential Impact for High-Volume Businesses

The company argues that the economic impact is more significant than the technical changes. For businesses processing thousands of payouts, the new model could dramatically lower operational expenses and simplify financial workflows.

According to an analysis by NOWPayments, potential savings could range from thousands to hundreds of thousands of dollars annually, depending on the volume of transactions and the specific cryptocurrencies used. To help companies quantify this, the firm has also released a savings calculator on its website. "The future of crypto payouts is not wallet-to-wallet. It is person-to-person," Lifshits stated.