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Adyen rolls out PayOut service for international businesses

Monday 4 February 2013 00:55 CET | News

Netherlands-based global payment services company Adyen has released PayOut, an integrated service which automates the processing and reporting of electronic payouts for businesses in areas such as the gaming and gambling, travel and peer-to-peer sectors.

The newly launched functionality supports all major payment methods, including CFTs on credit cards, bank transfer, Skrill (Moneybookers), Neteller, PayPal, Click&Buy and IBAN payout. The company has also revealed that it has added 27 new preferred local payment methods, bringing the total number of supported payment methods to more than 200.

By automating the payout process, Adyen removes the need for businesses to operate independently through local banks in different countries. The service can be accessed via a PayOut management interface. PayOut enables businesses to manage the approval or decline of any incoming payout requirement.

Adyen supports all relevant sales channels, including online, mobile and POS, and can process over 200 different payment methods, 187 transaction currencies and 14 settlement currencies used across six continents. Adyen works with many global customers including SoundCloud, Getty Images, Benetton, KLM, PopCap Games, Greenpeace and Vodafone.
 


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Keywords: Adyen, online payments, payout, electronic payouts, Netherlands
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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