Introducing Payouts: Fintech Finix, the Solution for Payments.

Fintech company Finix has introduced Payouts, a standalone product line that enables businesses to efficiently send money at scale. Payouts uses a single developer-friendly API to facilitate fast and reliable money movement for a range of use cases, including B2B account payables, gig economy wages, insurance claims, tax refunds, sales commissions, and more. Finix will use Mastercard Send and Visa Direct to enable card-based payouts, allowing US businesses to quickly send money to bank accounts or eligible cards. The launch of Payouts demonstrates Finix’s commitment to meeting the evolving needs of businesses and expanding access to the financial system.