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. Individuals are able to choose their preferred payout methods in the form of:
Web & Mobile Applications
The critical aspects of any payment system are the onboarding of users and funds and the tracking of funds flows. MassPayout takes the complexity out of launching payout applications by providing a tool-set that can be easily customized to meet our clients needs. Our responsive user design can be launched with your branded experience quickly and in a secure environment.
Many organizations already have portals and platforms they leverage as a part of their core business. The MassPayout API can be used to seamlessly integrate an automated payout process into these existing systems.
MassPayout provides a best-in-class payment experience that fosters strong relationships. By automating your supplier onboarding and payout process within a branded environment, you ensure your brand is always front and center with every interaction. Your suppliers benefit from a rich choice of payment methods both domestically and abroad. Your suppliers also receive proactive payment status email communications and online portal access ensure suppliers are always in the loop.
Tern is eager to revolutionize the way the payout industry is conducted by giving power to the payee to choose exactly how they get paid. To take advantage of our full stack solution contact us and we would be happy to have a call with you to see how we can meet your business’s needs!