Outbound Payments explained

Outbound Payments feature from AndDone empowers merchants to send money to vendors—such as agents, wholesalers, and partners—quickly and efficiently. Whether managing commissions, disbursements, or accounts payable, you can handle all your outgoing payments directly through the AndDone platform, using either the intuitive merchant portal or a robust API.

This feature enables you to issue payments via physical check to any third party, automating or managing payouts with ease. Create customized remittance and payment templates, have checks printed and mailed the same day, and track payment status every step of the way. Outbound Payments eliminates administrative burdens, saves time, and ensures every transaction remains accurate and hassle free.

Key Features

1. Flexible Payment Methods
Send physical checks to any vendor for a flat fee of $1.50 per printed check. This straightforward pricing ensures transparent costs on every transaction.

2. Same-Day Check Processing
All checks are generated and written the same day. Each payment is shipped via USPS Priority Mail that evening, ensuring rapid delivery and reliable payment cycles for your vendors.

3. Enhanced Remittance Details
You can include detailed remittance information with each payment, providing transparency and clarity to your vendors and partners. This streamlines reconciliation and reduces back-and-forth communications.

4. Check Remittance Templates
For recurring payments or payouts, simply create and save custom payment templates. This feature allows you to standardize and automate disbursements, minimizing manual data entry and the risk of errors.

5. Real-Time Check Status Tracking
Monitor the status of every check through the following phases:

• Pending: Check is waiting to be printed.
• Printed: Check is printed and waiting to be mailed.
• Mailed: Check has been sent to the vendor.
• Cancelled: Check was cancelled before being mailed.

All check statuses are visible within your payments platform, enabling up-to-date oversight and accurate recordkeeping.

6. Vendor Management Tools
Easily set up and manage multiple vendors from a single interface. Outbound Payments helps you stay organized, regardless of the number of partners or payment recipients.

7. Seamless Bank Account Integration
Designate your preferred bank accounts for payment processing and streamline your payout workflows according to your company’s operational needs.

Experience the ease and reliability of AndDone’s Outbound Payments for all your vendor payout needs. Eliminate manual tasks, minimize risk, and keep your business running smoothly with a solution designed for efficiency and transparency.

If you need assistance or have any further questions, please click here to contact our support team.