Automated vendor payouts.
Easily manage and pay out third party vendors globally in local currency.
A marketplace dedicated solution
Charge marketplace commission and apply fees to vendors without touching the funds.
Balance would take care of collections from the buyers and payouts to the vendors so the marketplace can remain out of the funds flow. We would charge the commission on behalf of the marketplace and transfer it to their Balance account.
Control over vendor payouts
Automatically settle every payment to its appropriate vendor account while you as a marketplace get complete transparency over the payout flow. Balance will automatically trigger payment to the vendor after the buyer has paid.
1-2 business days cycle
In a financed transaction, vendors will receive the funds to the bank account they’ve set in their account settings, within
1-2 business days.
A dedicated experience for B2B eCommerce businesses and marketplaces.
Accept any payment method, including ACH, wire trasfers, checks, and credit cards.
Reduce overhead with invoice reconciliation and settlement and A/R management.
Provide buyers with real-time net terms at checkout, seamlessly and risk-free.
Full KYC and buyer onboarding, with collections and payouts taken care of.