Worldpay extends real-time payouts solution

Thursday 11 October 2018 00:52 CET | News

Worldpay has announced the launch of new dynamic payout solutions that provide ecommerce businesses with more choices to disburse funds to partners and customers.

The company’s payout solutions combine Worldpay Bankout solution, which currently delivers 154 direct bank disbursement destinations (up from 65), and Worldpay FastAccess - enabled by Visa Direct.

With these payout options, partners and customers will not have to wait for days to receive funds or refunds as they can obtain them via card in near real-time - through mobile wallet or directly to a local bank account.

Bankout is tailored to businesses that have to make a large number of global payments to - or on behalf of - their customers and suppliers. Payouts allow businesses to make card-based payouts in near-real time within a maximum of 30 minutes. Building on its launch in the US IN 2017, FastAccess is currently available to Worldpay customers in over 50 new markets across Europe and Asia.

For more information about Worldpay, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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Keywords: WorldPay, real-time payouts, real-time payments, ecommerce, Visa Direct
Countries: World