TEMPE, Ariz. — CCBill announced today the release of new payout options for global merchants and affiliates.
The online “payments-as-a-service” platform said it is keeping ahead of changes by offering new payout options that will help streamline delivery, offer faster settlements and provide currencies for various regions.
New CCBill payout options include “ACH Express,” which moves payouts up three days to Friday, for same week delivery of funds to any U.S. bank account, and “SEPA Payouts” for Monday euro deposits, via the Single Euro Payments Areas (SEPA) network to European-based accounts.
These new, direct and up-to-date options are the perfect addition to the menu of reliable CCBill payout choices offered to their account base, according to Gary Jackson, managing vice president of sales for CCBill
“As one of the only remaining industry payment providers catering to both merchants and affiliates, ACH Express and SEPA Payouts are just our latest addition to provide automated, dependable and secure ways for the expanding network of CCBill account holders to receive their weekly settlements,” Jackson said.
“These new choices speed-up and localize CCBill payouts, putting funds in the hands of our merchants and their affiliates faster, which is right in line with the CCBill vision of flexibility and reliability in all aspects of our service.”
ACH Express offers weekly direct deposit to U.S. bank accounts three days earlier than the other CCBill payout methods, without the destination fees and hassle of wire transfers. Funds are transferred for receipt on the Friday, following when the CCBill weekly pay period ends.
ACH Express details include:
- Available for payouts starting July 28
- USD currency only
- U.S.-based banks only
- Minimum amount for payout: $100
- No maximum amount for payout
- Special intro ACH Express payout offer: $15 per ACH Express payout
SEPA Payouts provide a direct deposit of merchant and affiliate funds directly into their SEPA network bank account. SEPA Payouts help CCBill accounts avoid the recent banking network challenges with international wires, while saving on wire fees and the cost to convert U.S. dollars into euros through an E.U. bank.
SEPA Payouts details include:
- Available to any merchant or affiliate with a euro-denominated account at a bank in the SEPA network
- Minimum amount for payout: $50 (before conversion to euros)
- No maximum amount for payout
- Special intro SEPA Payout offer through the end of July: $10 per SEPA payout.
CCBill merchants and affiliates interested in using either of these payout options can update their account from their secure account payout change system or by contacting their payout specialist at payouts@ccbill.com to begin the process.