Worldline launches flexible commissions payout in North America
By Delisha Fernandes
Worldline, a global payment services provider, has announced the launch of FlexCommissions, a flexible payout feature for its e-commerce solution that increases cash flow for partners across North America.
“We built FlexCommissions based on requests from several of our key partners who were looking to receive more frequent payouts than the standard industry revenue sharing timing so that they could better control cash flow and operationalize their payment profits sooner,” said Anthony Chalhoub, Managing Director, North America. “Seeing the success in our pilots led us to roll out the feature capability for all our partners, allowing them to make better financial predictions, and improve budgeting and decision-making.”
Anthony Chalhoub added, “Whether in the bootstrapping phase or an established software business, increased cash flow and access to funds can play a significant role in supporting growth. FlexCommissions provides a mechanism to our partners to access much needed funds significantly sooner than the industry standard with no minimum threshold, including specific segments of their merchants for strategic purposes, making it unique in the market.”
Worldline FlexCommissions provides software and independent sales organization partners with the opportunity to choose the frequency at which they receive their revenue-sharing profits. The new payout feature is available for Worldline’s revenue-sharing program partners with merchants processing on the North American e-commerce solution. The ability to receive fast and increased access to funds allows software vendors more agility to manage business expenses and invest the profits back into their business for further growth.
Many processors offer revenue sharing but have processing minimums or specific product platform and feature usage requirements to qualify. Both FlexCommissions and Worldline’s standard revenue sharing requires no minimums. FlexCommissions is also competitively priced with a transparent flat monthly fee, often making the offering more affordable for partners than the common use of percentage-based fees for features from other payment processors.
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December 08, 2023