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End-to-end AP disbursements

within single platform

Smith remarked that Payouts Network's primary differenti-
ators are its robust rules engine and an end-to-end platform
that combines originator interface and recipient interfaces.
These factors are critical in emergency situations that re-
quire same-day funding, he added. He also acknowledged
the importance of complying with GDPR and KYC require-
ments while constantly navigating Visa, Mastercard and
American Express card brand rules and regulations.
ayouts Network Inc., a next-generation pay- Secure, real-time payouts
ments provider, enhanced Instant Payouts,
an end-to-end platform designed to expedite Smith believes Instant Payouts makes originating, review-
P employee, consumer and business-to-business ing and approving payouts simple and cost-effective. The
payments directly to bank and credit accounts. By combin- solution's console is ready to use out of the box and includes
customizable role-based access and disbursement controls;
ing real-time payments origination, approval and issuance
capabilities within a single service platform, the solution participating merchants can use it to get employees, cus-
tomers and vendors paid quickly and accurately without
can reduce transactional costs and mitigate fraud while
adding flexibility, speed, security and control to payouts, needing an intermediary account or mobile app; and recipi-
ents can simply enter their card number to instantly claim
according to company representatives.
their funds, he pointed out.
"Payouts Network helps all sizes and types of businesses
streamline their payment processes," said Keith Smith, Payouts Network is continuously upgraded in response to
PCI DSS guidelines, Smith noted, and has a PCI-compliant
founder and CEO of Payouts Network. "Whether you are
paying employees on a regular basis or sending a one- network and bank-grade security that employs secure card
tokenization and vault storage. All Instant Payouts deliver
time disbursement, the end-to-end platform can help you
deliver faster payments with lower implementation costs." instant funding and verify identity to ensure that only in-
tended recipients can receive the funds, which Smith said
Smith noted that numerous organizations use legacy pay-
out methods such as ACH, wire transfers and gift cards. include real-time tracking, reporting, auditing and issuance
limits and workflow approvals mitigate issuance fraud.
These traditional payment methods are slower and more
error prone than modern tech-driven payment methods, he Smith proposed that business owners can use Instant Pay-
said. Partnering with Payouts Network enables companies
to leverage Visa, Mastercard and American Express credit outs for myriad applications and deployments. He cited a
range of use cases, including restaurant tip payouts, insur-
and debit card rails to facilitate faster payments within a
single next-generation platform, he added. ance claims, hourly and 1099 worker compensation, per
diem payouts, customer service payouts, rebates, govern-
Brandable, customizable platform ment payouts, security deposit returns, merchant cash ad-
vance, employee rewards and reimbursements, consumer
"Why invest years and billions of dollars to build a pay- lending and more.
outs network, when you can leverage our infrastructure
and serverless platform?" Smith said. "At Payouts Network, "Whether you are issuing one payout per month, one pay-
we don't have to deal with legacy processes; companies can out per week or one payout per day, you need the velocity
save time and money instantly by accessing our platform." to reduce risk of fraud or potential for someone to game the
system," Smith said.
Instant Payouts offers value-added resellers (VARs) a
simple, efficient and secure method for AP disbursement,
Smith noted. He suggested that the solution would benefit
VARs and established businesses that use legacy payment Company: Payouts Networks Inc.
methods such as checks, gift cards and prepaid cards. In
addition to accelerating payouts, user benefits include Product: Instant Payouts
bank-grade security, real-time tracking and brand recogni-
tion with white label services, he said, adding that busi- Website: www.payoutsnetwork.com
nesses can be up and running in a week, as opposed to Contact: info@payoutnetworks.com
spending a year or 18 months building their own in-house
payouts network.
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