Xtrm Overview
Last updated: August 26, 2026
Xtrm is a secure, global, multi-currency payment platform. Businesses use it to automate and send payouts, rewards, and incentive payments to individuals or companies anywhere in the world — and recipients choose how they want to take their money out.
At a glance
Global payouts | Send money, prepaid Visa/Mastercards, or 1,000+ digital gift cards across 100+ countries. |
Smart wallet system | Keep separate personal and company wallets, with instant wallet-to-wallet transfers. |
Built-in compliance | Automatic global tax reporting (including 1099-K issuance) and regulatory compliance. |
Developer ready | Fully customizable white-label integration through the Xtrm API (XAPI). |
How it works
Fund your company wallet — by bank transfer/ACH, credit or debit card, or electronic invoice.
Send a payout — to one recipient or thousands, in the currency and method you choose.
The recipient chooses how to withdraw — bank deposit, prepaid card, or gift card.
Xtrm handles the paperwork — beneficiary onboarding, tax thresholds, and reporting happen automatically.
Core capabilities
Funding and transfers
Action | Supported options | Highlights |
|---|---|---|
Funding | ACH, wire, credit/debit card, invoice | 24/7 automated alerts when funds arrive |
Payouts | ACH, wire, RTP, virtual or plastic Visa, 1,000+ gift cards | Recipients choose their preferred method |
FX and currency | Multi-currency wallets | Preferred exchange rates without excessive bank fees |
Connected partner architecture
Xtrm tracks every payment beneficiary automatically under a master manager account. You never need to collect or store sensitive recipient bank details — Xtrm handles secure onboarding and account matching on your behalf.
Security and tax compliance
Tax management. Xtrm tracks payout thresholds as they accrue and generates the right regional tax documents, such as US 1099-K forms or their global equivalents.
Privacy and security. Bank-grade encryption protects both the sending business and the receiving beneficiary. See the Xtrm privacy policy for full details.