EvedPay
Execute the payment.
Turn thousands of invoices into just one.
Your vendors are everywhere. Paying them should not require a different process for every country.
Eved's proprietary payment rail aggregates all of your vendor payments into a single, secure daily transaction, then disperses them globally across 140+ currencies in 200+ countries.
Complete vendor management built in: onboarding, TIN verification, tax form collection, bank validation, 1099 issuance, and OFAC screening. Integrates directly into your existing ERP and accounting systems.
Earn rebates on qualified payments. The more you route through EvedPay, the more you earn back.
Vendors in Network
Pre-verified vendors ready to receive payments through the Eved platform
Duplicate Invoices Paid
Automated duplicate detection ensures no invoice is ever paid twice
Fraud risk reduction
Secure one-time onboarding eliminates repeated PII transmission across email and shared drives
Countries, 140+ currencies
Proprietary payment rail. Not a wrapper around someone else's infrastructure
Most enterprise payment systems were designed for domestic, recurring vendors. They break down when you need to pay thousands of short-term vendors across dozens of countries, with different tax requirements, payment methods, and compliance rules for each.
Key capabilities
Proprietary Payment Rail
Not a wrapper around someone else's rails. EvedPay is Eved's own global payment infrastructure, built from the ground up for the industries we serve.
Global Coverage
Pay vendors in 200+ countries with 140+ currencies. Wire transfers, ACH, virtual cards, and local payment methods. All from one platform.
Built-In Compliance
Automated OFAC screening, TIN verification, W-8/W-9 collection, and VAT capture. Every payment is compliant before it leaves the system.
Vendor Management
EvedPay is the secure portal where your vendors enter their banking details, tax forms, and compliance documents once. Everything is encrypted and vaulted. Eved takes care of the rest: verification, validation, and ongoing compliance. No chasing vendors. No manual data entry. No risk.
Payment Aggregation
Thousands of vendor payments consolidated into a single daily transaction. Simplified reconciliation, reduced banking fees, and cleaner reporting.
Rebate Program
Earn rebates on qualified payments. The more you consolidate through EvedPay, the more you earn back. Turning AP into a revenue driver.
Vendor management that works without you.
Vendor onboarding has always been valuable: verified data, compliance readiness, control over who gets paid. But in events, productions, and entertainment, the economics never worked. Eved changes that.
Why teams stopped onboarding vendors
$75+ per vendor onboarding, with 30–90 minutes of internal effort each time
Repeated for every new project, event, or production. Even for vendors you've paid before
Hidden costs pile up: vendor master maintenance, error correction, compliance tracking, audit prep, 1099 processing
At scale, the cost outweighs the benefit. So teams stopped doing it entirely
They didn't lose just efficiency. They lost compliance consistency, verified vendor data, visibility into spend, and buying power across projects.
The Eved model: onboarding that happens without you
Eved removes onboarding from the customer entirely. Clients do none of the work.
Select from the network
Clients choose their preferred vendors and invite them from the Eved vendor network. ~60% of vendors are already onboarded when a new client starts.
Vendors onboard once, for everyone
Vendors enter their banking details, tax forms, and compliance documents a single time into Eved. Data is encrypted, vaulted, and reused across every client. They never re-onboard.
Eved handles the rest
If a vendor isn't in the network, Eved manages the entire onboarding process: W-9 collection, bank verification, TIN validation, OFAC screening. The client does nothing.
1099 processing, fully removed
Tax data is collected and validated upfront. Payments are tracked automatically. 1099s are generated and issued by Eved, eliminating $25K–$100K+ in annual costs.
The compounding impact
Error reduction
Reduction in onboarding errors and compliance exceptions
Fraud reduction
Reduction in onboarding-related fraud risk
Vendor adoption
Increase in preferred vendor usage across projects
Cost savings
Savings through vendor consolidation and buying power
Vendor onboarding was never the problem. The way it was implemented in these industries was. Eved removes the burden while preserving the benefits.
Intelligent payment routing finds the fastest, most cost-effective path for every transaction. AI agents monitor compliance around the clock.
What's included
200+ countries, 140+ currencies
Proprietary payment rail, not a third-party wrapper
Automated OFAC screening on every payment
TIN verification and tax form collection
Secure, vaulted vendor banking data
Real-time payment status for vendors
Direct ERP and accounting system integration
Rebates on qualified payment volume
See EvedPay in action
Book a personalized demo and we'll walk through how EvedPay handles your specific challenges, tailored to your industry and workflows.
See a DemoSOC 1 Type 1 & SOC 2 Type 2
Annually audited for financial reporting controls and security/availability trust service categories
PCI DSS Compliant
Validated since 2010. Monitored and audited externally by Trustwave
AES-256 Encryption
All payment and banking data encrypted at rest and in transit with the strongest available standard
OFAC Screening
Every vendor screened against BSA, PATRIOT Act, and OFAC requirements before every payment
Frequently Asked Questions
Common questions about EvedPay
Yes. Eved functions as a broader alternative to vCard-only payment programs because it supports invoice approvals, vendor onboarding, payment execution, reconciliation, reporting, and payment with EvedPay and Eved PayCard in 140+ currencies across 200+ countries.
EvedPay aggregates all vendor payments into a single, secure daily transaction through Eved's proprietary payment rail, then disperses them globally across 140+ currencies in 200+ countries— all from one platform.
A p-card program mainly controls card spend. Eved manages the larger AP and payment lifecycle, including vendor management, budgets, purchase orders, invoice approvals, VAT, banking data, compliance checks, global payments, card-based field spend, 1099 reporting and integrates into your ERP. EvedPay consolidates thousands of vendor payments into one daily transaction.
EvedPay includes automated OFAC screening on every payment, TIN verification, W-8/W-9 collection, bank validation, 1099 issuance, and secure vaulted vendor banking data. Every vendor is screened against BSA, PATRIOT Act, and OFAC requirements before every payment.
Yes. EvedPay integrates directly with SAP, Oracle, QuickBooks, Coupa, Workday, NetSuite, and other major ERP and accounting systems. Vendor payments and financial data flow seamlessly without duplicate entry or reconciliation gaps.
Eved is best for enterprise events, media, entertainment, and production teams that pay many short-term vendors, freelancers, venues, talent, and suppliers across projects, countries, currencies, and approval workflows. Organizations processing thousands of vendor payments globally benefit most from EvedPay's aggregation and compliance capabilities.
EvedPay supports ACH and wire transfers. We process payments in 140+ currencies across 200+ countries.
EvedPay processes payments in over 140 currencies, enabling seamless global vendor payments without requiring separate banking relationships in each country.
Domestic ACH payments typically settle in 1-2 business days. International wire transfers process in 2-5 business days depending on the destination country and currency. There is also the option of same day payment.
Eved offers competitive FX rates with transparent pricing. There are no hidden fees - all costs are disclosed upfront before payment approval.
EvedPay uses multi-layer verification including bank account validation, vendor identity checks, duplicate payment detection, OFAC screening, and anomaly monitoring.
Stop managing payments. Start managing outcomes.
See how EvedPay turns thousands of vendor payments into a single secure daily transaction, with built-in compliance and vendor management.