These updates focus on four things: expanding where you can send payments, making stablecoin transactions smoother, improving data reporting, and giving finance teams audit-grade visibility into card statements.
This period's highlight: We completely redesigned Reap Card statements. Your statements now provide a full audit trail of collateral movements, credit limit changes, and card-by-card transactions - built for reconciliation.
What's New at a Glance
New
1. Send Local Payments to US Recipients via ACH
Reap Pay now supports Automated Clearing House (ACH) payments to US-based recipients. As a local rail, ACH is cheaper than SWIFT for domestic USD payments within the United States.
Who this helps: Finance teams that pay US vendors, contractors, or partners regularly.
How to use it: Auto detected when selecting local rails for USD.
2. Reap Card Statements, Redesigned for Audit-Ready Reconciliation
Reconciling your card statements shouldn't require a support ticket or hours of manual work. Finance teams need to trace the connection between collateral deposits, credit limit changes, and spending — and now, we've made that much easier.
We've completely restructured Reap Card statements to give you audit-grade visibility into collateral movements, credit limit changes, and fund flows — all in one document. The new three-section format answers the question finance teams have been asking: "How did we get to this credit limit?"
Enhancements
1. Recipient Selection Is Now Faster
When you create a payment in Reap Pay, the recipient list shows only contacts you have previously paid — so finding the right contact takes less time.
2. Improved MXN Payments Process
MXN payments now require the correct Bank Code instead of SWIFT details, making it easier to set up and send payments to recipients in Mexico.
Who this helps: Teams sending payments to vendors or partners based in Mexico.
3. Smoother Stablecoin Payments
USDC is now the default option when creating a payment. The system automatically selects the correct payment method based on your account type, removing manual selection and improving user experience.
4. Stablecoin Payments Now Show Expected Completion Dates For Better Tracking
Stablecoin payments made over the weekend display the expected completion date so vendors or clients know when to expect their payment.
5. Users Are Now Notified When Stablecoin Payments Are Completed
Group owners and admins now receive a notification when a stablecoin payment is completed, reducing manual payment status checking.
6. Stay Informed When a Payment Is Under Review
Reap Pay sends email notifications when a transaction is under review, so approvers can stay on top of pending decisions.
7. Full Repayment Visibility, Including Fee Breakdown
The repayment drawer now accurately shows the full repayment amount alongside the fee breakdown. You'll now always see exactly what was repaid and what was charged.
8. Time Restrictions Disabled by Default
Card time restrictions are now turned off by default when creating a card, removing an unnecessary step from the card creation flow.
9. Faster Reap Direct Dashboard
The Reap Direct dashboard now loads 2–3 seconds faster with smoother navigation across the platform.
10. Scrollable Receipt Viewer
You can now scroll through full-length PNG and JPG receipts directly in the receipt viewer, making it easier to review uploads without downloading them.
11. Smarter Default Expiry for Virtual Cards
New virtual cards now default to a 3-year expiry, saving you a step during card creation.
Fixes
1. Physical Cards Now Appear Correctly in the Reap Mobile App
Physical cards are now visible in the Reap app as expected. Cardholders can view and manage their physical card from their mobile device without any issues.
2. Team Invitation Improvements
Team invitations are successfully sent even when an email address is entered with extra spaces. This update provides a smoother new team member onboarding experience.
3. Transaction Filters Respond as Expected
Clearing a card filter on the transactions page displays all transactions, giving admins and finance teams a complete, unfiltered view when they need it.
