Payaut
Payaut is a comprehensive payment solution tailored for online platforms and marketplaces. It offers a multi-PSP setup, allowing businesses to accept payments from their preferred PSPs and choose from over 100 payment methods. Payaut’s unique features include the ability to split transactions into the platform’s commission and the seller fee, automatic reconciliation of multiple incoming payment flows into a single payout, and balance management for fund transfers. It also optimizes the KYC verification process for individual and business sellers in line with the latest AML & CTF Standards. With flexible and fast payouts, seller invoicing, and multicurrency support, Payaut simplifies the payment process, making it a reliable choice for businesses worldwide.
- Year Founded: Payaut was founded in 2019.
- CEO: The CEO of Payaut is Ernst Van Niekerk.
- Headquarters: Payaut is headquartered in Amsterdam, Noord-Holland, The Netherlands.
Why choose Payaut?
- Multi-PSP Setup: Payaut allows businesses to accept payments from the PSPs of their choice, offering the ability to choose from 100+ payment methods and expand globally.
- Split Payments: Payaut can split every transaction into the platform’s commission and the seller fee according to your needs.
- Auto Reconciliation: Multiple incoming payment flows will be reconciled into a single payout to the seller or the platform.
- Balance Management: Payaut allows transfer of funds in the Payaut environment between the marketplace and sellers accounts balance to charge for corrections or monthly fees.
- Hosted Onboarding: Payaut optimizes the KYC verification process for individual and business sellers according to the latest AML & CTF Standards.
- Flexible & Fast Payouts: Payaut allows you to automatically trigger payouts daily, weekly or monthly once funds are reconciled, or stay in control and trigger payouts yourself with their API.
- Seller Invoicing: Payaut has an invoice module that automatically generates the invoices for your sellers, offering insights in their generated revenues and commission costs.
- Multicurrency: Payaut allows you to accept payments and trigger payouts in different currencies according to your needs.