Changelog

New updates and improvements to Parallax.

Send Money to Non-Parallax Users + MFA Announcement

New Features on Parallax:

Send Money to Non-Parallax Users: You can now invite non-Parallax users to join and send funds directly via email.

Send Account Details via Email: Easily share your Parallax account details with employers or clients for seamless fund transfers.

MFA Updates: We’ve enhanced security by migrating to email MFA by default and adding a cooldown timer for OTPs to prevent premature token expiry.

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Microdeposit Display Enhancement

We’re excited to announce a new feature that enhances your transaction experience with Parallax. Starting today, users will be able to see microdeposits directly in their transaction history when setting up their Parallax accounts for deposits.

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Unified Account Details & International ACH Support

Starting July 8th, we will support International ACH transfers, enabling you to receive payments from non-US registered accounts directly into your Parallax account! This enhancement is part of our commitment to facilitating seamless global freelancer payments, ensuring faster and more efficient transactions for our users worldwide.

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Parallax Sends: Receive and send money instantly within the platform!

We’re excited to introduce a new feature called Parallax Sends, which enables users to send money instantly within the platform—from one Parallax user to another.

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Introducing Parallax Thunder: Faster, Safer, and More Reliable

We are thrilled to announce the Official Release of Parallax Thunder! ⚡

This major upgrade brings faster, safer, and more reliable services to all users.

Whether you’re an existing user or new to Parallax, enjoy seamless transactions, enhanced security, and an overall improved experience. Upgrade today to take advantage of our new features and exclusive perks for remote workers. Join us as we revolutionize global payments for freelancers and remote workers!

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New Feature: Detailed Breakdown of Withdrawal Transactions

We're excited to introduce a new feature that enhances transparency for our users: the detailed breakdown of withdrawal transactions. This update allows you to see the different stages your withdrawal goes through, ensuring you are always informed about the status of your transactions.

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Upgrade to Parallax Thunder: What You Need to Know

As we continuously strive to improve our services at Parallax, we are thrilled to announce the  upgrade to our new and enhanced infrastructure, Parallax Thunder.

This upgrade is mandatory designed to provide our users with faster, safer, and more reliable services.

It’s crucial to complete this upgrade by May 31. Here’s everything you need to know about making the switch.

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Expanding Payment Options with Payoneer and Third-Party Payments

Payoneer payments are back on Parallax, and we're now accepting third-party payments from clients with enhanced speed and flexibility.

We've worked hard to ensure these updates meet your needs for diverse payment options, and we appreciate your patience during this process. For initial transactions with new clients, additional documentation will be required to ensure security and legitimacy.

Details on how to start receiving third-party payments from clients are found here.

Thank you for your ongoing support as we continue to expand our payment capabilities to serve you better!

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Enhanced Visibility on Your Transaction History

In our effort to improve transparency and user experience, we're rolling out a new feature that allows you to see the "Pending" status for deposits that have hit our system but are not yet fully paid out to you. This means you'll be able to see incoming funds earlier in the process, giving you a clear view of what to expect in your account.

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Earn With Our Referral Program!

We're thrilled to launch our new Referral Program, designed to make sharing the Parallax experience even more rewarding. Now, not only can you help your friends discover the speed and savings you get from Parallax, but you can also earn rewards for doing so.

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Payment Requests, Video Guides, and Transparent Fees

We're is happy to announce three major updates designed to enhance your experience:

Our new Payment Requests feature simplifies how you ask for payments from clients, directly sending them your bank details for easy deposits. We've revamped our support resources, making our FAQ more accessible and introducing engaging Video Guides to help you navigate our platform effortlessly.

Plus, we've improved fee transparency, showing live exchange rates and fees upfront, and even allowing you to compare our rates with Google's and see how much you save compared to services like Payoneer and PayPal. Check out these updates and streamline your financial transactions with Parallax!

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