Yuno, the global payment orchestration company, has just announced the launch of Payout, a solution created to simplify global payment flows for merchants. With this functionality, the platform now manages both incoming (pay-ins) and outgoing (pay-outs) transactions, allowing all financial processes to be administered and optimized through an integrated and easy-to-use interface.
Payout enables companies to quickly transfer funds to suppliers and customers worldwide, connecting to a wide network of payment providers through a single API integration. ‘Now, merchants in Brazil, for example, can pay suppliers in other countries swiftly, while European companies can do the same with customers in Latin America and Asia,’ explains Walter Campos, general manager of Yuno in the country. This integration eliminates the need to internally manage multiple transaction methods, reducing costs, increasing efficiency, freeing up technical team resources, and allowing retailers to quickly expand their presence in different regions.
Payout is a paradigm shift for companies operating in multiple locations. ‘We have always sought to simplify payment processes, and this new feature expands our vision by addressing global transfers. We are excited about the positive impact this will have on merchants worldwide,’ explains Walter Campos.
Meanwhile, James Stack, head of products at Yuno, states 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 Payout, we solve this by offering a single integration that handles all incoming and outgoing needs. This solution provides operational efficiency, cost savings, and above all, simplicity, allowing retailers to focus on growing their businesses instead of managing transactions,’ the executive points out.
Payout aligns 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 $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.
