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Mirakl PayoutMirakl

Mirakl Payout is a global pay-out solution for marketplaces, simplifying seller onboarding, payments, and reconciliation while maintaining existing pay-in provider relationships.

Vendor

Vendor

Mirakl

Company Website

Company Website

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Product details

Mirakl Payout is a comprehensive payment solution tailored for marketplace operators. It streamlines the process of onboarding sellers, managing payouts, and reconciling financial data. The platform is designed to work seamlessly with existing payment service provider (PSP) relationships, enabling faster marketplace launches and more efficient payment workflows. Mirakl Payout addresses the complexities of international transactions, offering multi-currency support and compliance with global financial regulations.

Key Features

Streamlined Seller Onboarding Simplifies the process of adding new sellers to the marketplace

  • Automated KYC (Know Your Customer) procedures
  • Integrated regulated escrow services
  • Simplified currency exchange management

Efficient Payment Processing Enables fast and flexible payments to sellers

  • Support for multiple currencies
  • Customizable payment frequency
  • Diverse funding instrument options

Data Reconciliation Simplifies financial data management and compliance

  • Automated reconciliation between first-party and third-party funds
  • Organized payment data storage
  • Compliance with regional financial regulations

Secure Payment Infrastructure Ensures reliable and compliant seller payments worldwide

  • Segregated accounts for seller funds
  • Compliance with MTL and PSD2 regulations
  • Global payment processing capabilities

Benefits

Accelerated Marketplace Growth Facilitates faster expansion and seller acquisition

  • Reduced administrative burden for onboarding
  • Attractive payment terms for sellers
  • Support for international sellers and transactions

Improved Operational Efficiency Streamlines payment-related workflows

  • Centralized management of pay-out processes
  • Simplified integration with existing systems
  • Time and resource savings in administrative tasks

Enhanced Financial Control Provides better oversight and management of marketplace finances

  • Improved data organization and accessibility
  • Easier compliance with financial regulations
  • Simplified reconciliation of complex payment flows

Global Expansion Support Facilitates international growth of marketplaces

  • Multi-currency support for cross-border transactions
  • Compliance with international financial regulations
  • Frictionless onboarding for international sellers