Worldline Introduces Flexible Commissions Payout in North America

Payment services provider Worldline has introduced a flexible payout feature that allows software and independent sales organization partners to choose the frequency at which they receive their revenue-sharing profits.

Called FlexCommissions, this feature allows partners to receive profits daily, weekly, monthly, or any other period that suits their business needs, Worldline said in a Thursday (Oct. 12) press release. This flexibility enables partners to access funds faster, allowing them to effectively manage expenses and reinvest profits.

The feature is now available for Worldline’s revenue-sharing partners with merchants processing on the North American eCommerce solution, according to the release.

An additional advantage of FlexCommissions is its ability to allocate payouts based on specific factors such as region, industry or department, the release said. For instance, a government software provider can choose to receive payouts for specific municipalities at a custom time.

Anthony Chalhoub, managing director of Worldline North America, said in the release: “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. Seeing the success in our pilots led us to roll out the feature for all our partners, allowing them to make better financial predictions, and improve budgeting and decision-making.”

Unlike many processors that impose revenue sharing with minimum requirements or specific product platform and feature usage, both FlexCommissions and Worldline’s standard revenue sharing have no minimums, according to the press release.

Furthermore, FlexCommissions is competitively priced with a transparent flat monthly fee, making it more affordable for partners compared to similar features offered by other payment processors that rely on percentage-based fees, the release said.

In another recent addition, Worldline debuted a consultancy service for eCommerce clients in September. This service is designed to help these clients optimize existing operations and identify new markets where cross-border transactions and revenues are rising rapidly.

Two months earlier, in July, the firm launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. This new Mobility Payments Suite aims to remove the friction that can be an obstacle to consumer adoption of public transport.