A Yuno, a global payments orchestration company, has just announced the launch of Payout, a solution created to simplify the flow of global payments for merchants. With this functionality, the platform now manages both received (pay-ins) and sent (pay-outs) transactions, allowing all financial processes to be managed and optimized through an integrated and easy-to-use interface.
Payout enables companies to quickly transfer funds to suppliers and customers worldwide by connecting to a wide network of payment providers in a single API integration. “Now, merchants in Brazil, for example, can pay suppliers in other countries quickly, while European companies can do the same with customers in Latin America and Asia,” explains Walter Campos, Yuno’s general manager here in the country. This integration eliminates the need to internally manage multiple transaction methods, reducing costs, increasing efficiency, freeing up resources from technical teams, and allowing retailers to quickly expand their presence in different regions.
Payout is a paradigm shift for companies operating in multiple locations. “We always strive to simplify payment processes, and this new feature broadens our vision by addressing global transfers. We are excited about the positive impact this will have on merchants worldwide,” explains Walter Campos.
James Stack, Yuno’s head of products, states that one of the biggest challenges for merchants has been the complexity of integrating multiple payment providers, each with different requirements and API standards. ‘With Payout, we solve this by offering a single integration that takes care of all input and output needs. This solution provides operational efficiency, cost savings, and, above all, simplicity, allowing retailers to focus on growing their businesses instead of managing transactions,’ notes the executive.
Payout is aligned with Yuno’s vision to become the leading global payment orchestration platform, offering unified solutions for all financial needs. In early 2024, the company secured $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, the Middle East, and Africa.
