Orbipay Payouts by Alacriti is a digital disbursement solution that empowers businesses to initiate fast, secure, and cost-effective electronic payouts. It eliminates the inefficiencies of issuing paper checks by enabling direct ACH transfers—even when payee bank account information is not already on file. The platform supports a wide range of payout scenarios and is designed to enhance customer satisfaction while reducing operational costs.

Features

• Flexible Payout Scenarios:
  • Straight-Through: Direct payouts when full bank account information is available.
  • One-Off: Ad-hoc disbursements with payee enrollment via Payee Portal.
  • Recurring: Ongoing payouts with optional payee enrollment.
• Supported Use Cases:
  • Claims Payouts (insurance, healthcare)
  • Refunds and Rebates
  • Vendor Payments
  • Global Payouts (120+ countries, 200+ currencies via Visa Direct or international wire)
  • Loan Disbursements
  • Incentive and Stipend Payments
  • Settlement and Legal Payments
• Delivery Methods: ACH, Visa Direct, international wire
• Portals:
  • Payee Portal: Enrollment, bank info submission, payout history access
  • Payer Portal: Staff access to payee profiles, payout history, and upcoming disbursements
• Reporting: Access to historical and upcoming payout data
• Alerts & Notifications: Email and SMS updates for payout events
• Security & Compliance:
  • Built-in data privacy and protection
  • Secure handling of sensitive payee information

Benefits

• Reduce Costs: Eliminate paper check expenses and manual processing.
• Improve Payee Experience: Fast, digital access to funds enhances satisfaction.
• Adapt Quickly: Flexible payout models support changing business needs.
• Streamline Operations: Centralized portals and automation reduce administrative burden.
• Protect Sensitive Data: Secure infrastructure ensures compliance and privacy.
• Modernize Disbursements: Future-proof your payment operations with scalable digital solutions.