EML launches a simple digital payout platform

By Edlyn Cardoza

EML Payments’ Seamless platform offers a timely solution to companies grappling with complex or outdated payout processes favouring a simple, secure, and instant alternative. Seamless’ payout choices enhance the customer experience with instant refunds or disbursements. Companies can outsource payment choices through a single administrative and consumer portal, removing the costs associated with checks and avoiding collecting bank or consumer card information.

The Seamless platform enables payout transformation with the flip of a switch, custom branded and live in just weeks. Making a payment is as simple as sharing an email and an amount. From there, consumers or SMEs onboard themselves and manage their preferences. Sectors benefitting from the secure, cost-saving and revenue-generating benefits include merchandise exchanges, home rentals, transportation, utilities (telecom, gas and electric), e-gaming, Payment Service Providers (PSP), resellers, insurance, FinTech, lending and more.

EML Seamless’ Key Benefits

• Delights customers by giving them control of their payment – an accurate one-size-fits-all approach.
• Establishes trust by radically accelerating payout and creating a positive brand interaction.
• Digital-age disbursement solutions (B2B).
• Back office payment transformation (B2B).

”The EML Seamless platform is North America’s long overdue payout-in-a-box alternative, giving consumers or SMEs multiple options to receive their funds – effortlessly. EML Seamless aims to disrupt B2C payments the same way Venmo disrupted P2P,” commented Ailie Kofoid, CEO Americas at EML.

Recently, IBS Intelligence reported that EML Payments would power CoinJar’s new CoinJar Card with Mastercard. The fully-featured debit card allows customers to make purchases by instantly converting cryptocurrencies into fiat currency, everywhere Mastercard is accepted. CoinJar partnered with EML to provide customers with seamless and lightning-fast transactions, no matter where in the world CoinJar Card is used.