Manage payouts for you and your merchant through the dashboard
Check your balance, set up your bank details, and set up the payout schedule all through the dashboard. Your merchants receive payouts of their processed payments to their bank accounts. Your platform received payouts of the collected fees. All payouts are net settlements by default but can be configured as gross settlements. Payouts are then made for the gross amount of the processed payments before any fees related to the transactions are applied.
Flexible payout and timing scheduling
Define the payout frequency for you and your merchants to suit your needs. Our platform will consolidate earnings and process fund transfers accordingly. There is a €0.15 fee per payout which you can find on the pricing page.
Schedule the payout intervals for your merchants directly through the platform
Flexibility in frequency
Adapt the payout schedule to align with your business cycle. Our system caters to your specific payout needs, consolidating earnings for timely fund transfers.
Personalised payout timelines
The default payout period is set to 7 days, yet we offer the flexibility to modify this to your preference, ensuring payouts sync with your financial planning.
Streamlined payout process
After the initial payout setup, subsequent disbursements will follow your customized schedule. Transfers are securely handled from Fung’s segregated account, with the option to effortlessly modify your chosen bank through our user-friendly dashboard.
Simplify large-scale disbursements
Streamline your financial operations with our mass payout feature. This tool is designed for businesses needing to distribute funds to multiple recipients, like merchants, affiliates, or other beneficiaries. Our dashboard makes initiating payouts in bulk straightforward, saving significant administrative time and greatly simplifying your payout process.
Payout all of your merchants with a single click of your button
Split payouts that can be tailored to any account structure
Take control of payment distribution with our payment routing feature. Customize how transactions are allocated to align with your business model. Easily split and direct payouts to various parties, facilitating swift and precise fund transfers between your users and your platform, even across borders.
Manage payout routing per merchant, account or account groups