Yuno has introduced Payout, a new platform designed to centralise and streamline payins and payouts for businesses worldwide.

The solution simplifies the management of payins and payouts through a single application programming interface (API) integration, addressing the complexities and costs associated with handling multiple payment providers and methods across various regions.

Payout is the latest addition to Yuno’s comprehensive payment orchestration platform, enabling merchants to manage payment operations.

This centralisation is aimed at reducing integration time and costs, as well as scaling challenges and ongoing maintenance fees.

The platform allows businesses to receive customer payments and disburse funds to partners, suppliers or customers with ease, supporting a wide range of payment providers and methods, including local options.

It is specifically beneficial for marketplaces, gig economy platforms, subscription businesses, e-commerces, and cross-border platforms.

The solution simplifies multi-vendor and international payouts, reduces integration complexities, and lowers transaction costs.

Payout also facilitates seamless regional expansion and accelerates global growth for businesses.

By using Payout, businesses can configure their payment operations just like any other integration or payment provider and monitor transactions through an intuitive dashboard.

The solution also promises decreased ongoing costs and allows teams to focus on core business functions while Payout manages the payments seamlessly.

Founded in 2022, Yuno was created by a team with experience in payments and technology and offers a unified platform that streamlines payment processes from authorisation and fraud prevention to settlement and reconciliation.

In September this year, Yuno launched Monitors, a feature for real-time detection and resolution of payment anomalies, ensuring smooth transactions and protecting businesses from revenue loss during outages.