Yuno, a global payment orchestration company, has just announced the launch of Payout, a solution created to simplify global payment flows for merchants. With this feature, the platform begins to manage both received transactions (pay-ins) and sent transactions (pay-outs), allowing all financial processes to be administered 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 through a single API integration. "Now, merchants in Brazil, for example, can pay suppliers from other countries quickly, while European companies can do the same with clients in Latin America and Asia," explains Walter Campos, general manager of Yuno here in the country. This integration eliminates the need to internally manage multiple transaction methods, reducing costs, increasing efficiency, freeing up resources for 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 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 handles all onboarding and offboarding 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.
The Payout is aligned with Yuno's vision of becoming the leading global payment orchestration platform, offering unified solutions for all financial needs. At the beginning of 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.
