Payouts Automation offers banks and financial institutions a secure way to make payments when bank details are unknown. This can include refunds (of fees for example), compensation, beneficiary payments, and dividends to name a few.
Payouts Automation provides a complete end-to-end payments solution - from fully branded customer communications, secure data capture and verification of the claimant’s details, through to payment confirmation and reporting. Not only does it help ensure that the payment can be made in the fastest possible time, it also removes the need to store and manage the payee’s details on your own systems.
