In corporate banking, virtual payment solutions usually means a virtual card. A bank issues a single-use card number for one supplier and one amount, and the supplier charges it like any other card. That model only works when the supplier accepts cards. It also keeps every payment on card rails, which does little for a contractor, a partner, or a customer in a market your card program serves poorly.

EukaPay is the virtual payment solution we recommend for money that needs to move as stablecoins or crypto, in both directions. You send payouts to a wallet address, and you collect invoices and payment links from a wallet. EukaPay can settle incoming revenue to your bank account in USD, EUR, GBP, or CAD. EukaPay does not issue virtual cards. The table below also covers U.S. Bank Virtual Pay, Tipalti, and Airwallex. The three criteria are the rail that moves the money, what the other party has to set up, and how each payment is matched to your books.

A virtual card payment runs on the card networks, so the supplier's card acquirer can set what it costs them to accept. A bank transfer runs on local clearing or SWIFT. A stablecoin payment moves on-chain from one wallet to another. EukaPay payouts are not tied to banking hours or the banking calendar, which can matter when the other party is several time zones away.

Every rail asks something of the other party. A virtual card needs a supplier that takes card payments. A transfer needs a bank account the provider can reach. A EukaPay payout needs a crypto wallet address, and you set the asset and network for each payout, so different recipients can receive different assets.

A payment your team cannot match to an invoice creates month-end work. Each EukaPay payout has its own reference that you can look up. On the collection side, an invoice or a

payment link

ties each incoming payment to the request that produced it.

Refer to the websites for current information.

With EukaPay, the other party needs a crypto wallet address to be paid or to pay you. U.S. Bank Virtual Pay pays suppliers by virtual card, and its own FAQ says supplier participation is the primary determinant of program spend. Tipalti lists 50+ payment methods in 120 currencies, and Airwallex combines corporate cards with local and SWIFT transfers. For a supplier, contractor, or customer who holds stablecoins, EukaPay moves the payment wallet to wallet, with no card involved.

No. Card rails are one kind of virtual payment, and they suit a domestic supplier that already accepts cards. A payables platform suits a finance team paying invoices over bank rails in many currencies. Neither covers a counterparty who would rather be paid in stablecoins, or a customer who wants to pay from a wallet.

EukaPay covers both of those cases on one account. For outgoing money, you can send

crypto payouts

one at a time through the Payout API, or upload a recipient list as a CSV file in the dashboard. Our guide to the

best crypto payout API

covers what to require from that endpoint. For incoming money, invoices, payment links, checkout, and subscriptions are part of the

crypto payment gateway

. The

crypto invoicing guide

covers the billing side in more detail.

EukaPay runs the whole flow on one platform: instant crypto-to-fiat conversion at a locked exchange rate to remove your exposure to crypto price swings, support for most major cryptocurrencies like BTC, ETH, LTC, SOL, USDC, and USDT, and settlement in USD, EUR, GBP, and CAD to your bank account. A crypto payment confirms on-chain, so protection against chargebacks is a property of the payment method. EukaPay locks the exchange rate on every conversion by default, on pay-ins and on payouts.

The payout balance can be funded two ways: a transfer from your account's main balance, or a fiat deposit. Payouts go out in stablecoins such as USDC and USDT, with the asset and network chosen per payout. If your current virtual payment solution stops at the suppliers who take cards, open a EukaPay account for the rest of your counterparties.

Create a EukaPay account

to start the onboarding and business review. Your developer (or coding agent) can build against the staging environment and the

API documentation

, which covers invoices, subscriptions, payouts, balance transfer, and customers.

What are virtual payment solutions?

Virtual payment solutions are ways to send or receive business payments without cash, paper checks, or a physical card. Common types include virtual cards, payables platforms, and stablecoin or crypto payments through a provider like EukaPay.

Does EukaPay issue virtual cards?

No. EukaPay sends and collects stablecoin or crypto payments and can settle incoming revenue to your bank account. A business that needs virtual cards keeps a card program for that.

Can I pay suppliers in stablecoins with EukaPay?

Yes. You can send crypto payouts to a supplier's wallet one at a time through the Payout API, or upload a recipient list as a CSV file in the dashboard.

How do I fund the payout balance?

Two ways. Transfer from your account's main balance, or make a fiat deposit.

How is EukaPay priced?

Pricing is agreed with the EukaPay team during onboarding.

Can EukaPay settle payments to my bank account?

Yes. EukaPay can settle incoming payments to your own bank account in USD, EUR, GBP, or CAD, at a locked exchange rate.

Can I use EukaPay alongside a virtual card program?

Yes. You can keep card payments for suppliers that take cards and use EukaPay for counterparties who hold stablecoins or crypto.