PayQuicker, a global payments technology provider, has launched a new feature Payouts OS. Payouts OS combines PayQuicker’s reliable technology into the market as a payouts-as-a-service platform, catering to the demands of gig economy workers and SMEs in a variety of industries such as insurance, marketplace, clinical trials, gambling, and others.
Payouts OS offers seamless integration with a unified REST API that connects to numerous banks and global payment gateways to intelligently establish and streamline clients’ payouts to businesses and consumers worldwide.
Charles Rosenblatt, President of PayQuicker, stated, “PayQuicker is thrilled to launch its Payouts OS product, the first payment orchestration platform for payouts that is truly global. By partnering with best-in-class providers, Payouts OS allows our partners to connect to payees around the world through a single API, offering competitive pricing and embedding a streamlined payouts experience into their own brand. PayQuicker has served more than 300 customers with its legacy product, and we look forward to making our payouts technology available to a wider variety of industries.”
Payouts OS fulfills the demands of businesses utilizing the rising global gig economy, an estimated 78 million people, and the underbanked, who are unable to receive wages through traditional bank accounts, by enabling quick payouts by any means of their payees’ choosing. Payouts OS provides multiple payout alternatives while adhering to the company’s customer experience and brand, ranging from virtual cards to bank transfers to crypto and global e-Wallets.
PayQuicker’s API as of now connects to over ten payout partners, allowing payouts in over 200 countries and territories in over 40 currencies. PPS, an Edenred company, Barclays, Corpay’s Cross-Border business, Convera, and NIUM are among the existing partners. PayQuicker also announced a relationship with Mastercard earlier this year to supply branded virtual and real cards through a single point of integration.