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New FlexCommissions payout feature is available now in North America for e-commerce payment partners
NEW YORK, 11th of October 2023 – Worldline (Euronext: WLN), a global leader in payment services, today announced the launch of FlexCommissions, a new flexible payout feature for its e-commerce solution that increases cash flow for partners across North America. Instead of being tied to the standard monthly/30-day payout period, Worldline FlexCommissions provides software and independent sales organization partners with the opportunity to choose the frequency at which they receive their revenue-sharing profits. The new payout feature is available for Worldline’s revenue-sharing program partners with merchants processing on the North American e-commerce solution.
The ability to receive fast and increased access to funds allows software vendors more agility to manage business expenses and invest the profits back into their business for further growth. FlexCommissions also enables tailored allocation with the option to divide the frequency and distribution of payouts based on factors like region, industry, or department – for example, a government software provider choosing to receive payouts for specific municipalities at a custom time.
“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,” said Anthony Chalhoub, Managing Director, North America. "Seeing the success in our pilots led us to roll out the feature capability for all our partners, allowing them to make better financial predictions, and improve budgeting and decision-making.”
Many processors offer revenue sharing but have processing minimums or specific product platform and feature usage requirements to qualify. Both FlexCommissions and Worldline’s standard revenue sharing requires no minimums. FlexCommissions is also competitively priced with a transparent flat monthly fee, often making the offering more affordable for partners than the common use of percentage-based fees for features from other payment processors.
“Whether in the bootstrapping phase or an established software business, increased cash flow and access to funds can play a significant role in supporting growth,” said Anthony Chalhoub. “FlexCommissions provides a mechanism to our partners to access much-needed funds significantly sooner than the industry standard with no minimum threshold, including specific segments of their merchants for strategic purposes, making it unique in the market.”
FlexCommissions is available in North America on the Worldline e-commerce solution. Current and new partners interested in FlexCommissions can find more information here or by contacting email@example.com.