MassPayout was developed by Tern as a modern payout solution leveraging the latest tech including Real Time Payments and Push to Card. The entire solution can be branded for corporate clients or white labeled, empowering vendors, partners and agents several options on how to get paid while streamlining workloads.
The MassPayout platform is an easy-to-use and efficient system to manage payouts with streamlined, automated onboarding, batch uploading, payee registrations and multiple payment options:
prepaid cards – issued and mailed to payees across the globe
push to card – instant payout to payee debit cards
cross-border bank transfers – pay directly into banks at over 35 countries around the globe
real time payments – fund are settled instantly into payees bank account.
domestic bank transfers (ACH) – get paid directly into bank accounts
Cash Pick-up – choose over 100,000 cash pickup locations throughout North America
Checks – can be automatically printed and mailed directly to payee’s home or business