A Yuno, global payment orchestration company, has just announced the launch of Payout, solution created to simplify the flow of global payments for merchants. With this functionality, the platform starts to manage both received transactions (pay-ins) and sent transactions (pay-outs), allowing all financial processes to be managed and optimized through an integrated and user-friendly interface
Payout enables companies to quickly transfer funds to suppliers and customers worldwide, connecting to a wide network of payment providers in a single API integration. "Now, merchants of Brazil, for example, they can pay suppliers from other countries quickly, while European companies manage to do the same with clients in Latin America and Asia, explain Walter Campos, general manager of Yuno here in the country. This integration eliminates the need to internally manage various transaction methods, reducing costs, increasing efficiency, releasing resources from technical teams and allowing retailers to quickly expand their presence in different regions
The Payout is a paradigm shift for companies operating in multiple locations. "We always seek to simplify payment processes and this new feature broadens our perspective by addressing global transfers". We are excited about the positive impact this will have on merchants around the world, explain Walter Campos
Already James Stack, head of products at Yuno, claims that one of the biggest challenges for merchants has been the complexity of integrating various payment providers, each with different API requirements and standards. "With the Payout, we solve this by offering a single integration that takes care of all input and output needs. This solution provides operational efficiency, cost economy and, перш за все, simplicity, allowing retailers to focus on growing their businesses instead of managing transactions, score the executive
The Payout is aligned with Yuno's vision of becoming the leading global payment orchestration platform, offering unified solutions for all financial needs. In early 2024, the company secured US$ 25 million in a Series A funding round led by DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees, to expand its operations in Europe, Asia, Middle East and Africa
