Automated Payouts
Transform your customer experience with instant payouts.
Send money fast and conveniently using automated payouts instead of making the time-consuming and complicated manual payments through a bank account.
Neopay enables businesses to initiate a payout fast to either a bank account or card holders across Europe.
How does it work?
Manage and initiate payouts in just a few clicks on your own system
You can manage, initiate, and review a list of all your payouts simply by installing Neopay’s automated payouts to your own system via a gateway.
Payouts work with instant payments and can be initiated from your chosen e-money account at NEO Finance AB.
Make a group of separate payouts or bulk payments with single or double payment confirmation
Choose payouts or bulk payments to confirm multiple payments with one signature or a double signature, as needed.
Bulk payments allow you to make up to 100 payments at once with single or a double payment confirmation.
Easily select recipients and choose the number of payouts you want to initiate right on your system
- one payout or several separate payouts
- a group of several separate payouts at one time (for example, 1000 of them)
- bulk payments (for example, 10 x 100 payouts)
This is a convenient way to pay winnings or rewards, salaries, or other types of funds according to your business needs, sending different amounts to each individual or the same amount to a group of people.
Activation of the service
Simplify the time-consuming manual payout process by automating it with Neopay’s automated payout solution.
Automated payouts can be enabled for holders of an e-money account at NEO Finance AB only. To start using our automated payouts service, please open an e-money account first: GET STARTED.
If you are already using Neopay’s payment initiation service (PIS) and perhaps already have an e-money account at NEO Finance AB, contact us about activating the automated payouts service by simply filling out this contact form.
