Marketplace pay-out solution
Payaut is an automated pay-out solution for marketplaces taking care of seller KYC, split payments and pay-outs. Payaut gives platforms full flexibility in their choice of PSPs and alternative payment methods as well as PSD2 compliance. With Payaut receiving the settlement funds from the PSPs, the platform is out of the moneyflow and profits from full reconciliation of all incoming payment flows with a single, unified pay-out to the sellers and the platform itself..
Most marketplace solutions out there come from processing payment service providers and are not agnostic. As Payaut doesn´t process payments and only takes care of distributing the processed funds to the sellers and the marketplace, we enable marketplaces to work with any PSP of their choice. Usually a marketplace would have to use the same pay-in provider for the pay-outs to not be in the money flow but that means working with multiple PSPs becomes difficult. Additionally his sellers would have to pass a KYC process with every new provider. With Payaut the lock-in is eliminated and sellers have to go through one KYC process only as Payaut reconciles all incoming payment streams and then does a single, unified payout
Payaut´s core features, Seller KYC, split payments and pay-outs by an agnostic pay-out provider are innovation itself. We are not aware of any other marketplace pay-out solution that doesn´t process funds and really gives the choice and flexibility to a marketplace to use any PSP or alternative payment method they like
Please find below the link to the video testimonial/case study of our client Barqo, a dutch C2C boat rental platform that was among one of our first customers :https://www.youtube.com/watch?v=ZfOMtgFVNF4
‘Campspace is dependent on C2C e-commerce. Without it, we would simply not be able to exist. With the help of Payaut, we’re able to conduct business smoothly and improve the experience of both our bookers and hosts. In turn, this ensures our continued growth and ability to bring more people closer to nature, while promoting a type of tourism that is sustainable at its core. .’ Hugo van Donselaar, CEO Campspace
Camiel Kraan, CEO Convious: ‘We needed a solution that could be placed across all different facets of Convious, to further orchestrate, report and administer our payment flows. With Payaut, we found this solution’.
Www.payaut.com
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