CCBill Releases New Settlement Payout Options


CCBill Releases New Settlement Payout Options

TEMPE, Ariz.CCBill, an online payments-as-a-service platform leader, on Monday announced the release of new payout options for global merchants and affiliates. As the banking world and financial markets evolve, CCBill 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. CCBill said 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.” 

“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,” said Gary Jackson, managing vice president of sales for CCBill. “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, 2017
  • USD currency only
  • U.S. Based Banks only
  • Minimum Amount for Payout: $100 USD
  • No Maximum Amount for Payout
  • Special Introductory ACH Express Payout Offer: $15 per ACH Express payout 

SEPA Payout 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 EU bank. 

SEPA Payout 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 USD (before conversion to euros)
  • No Maximum Amount for Payout
  • Special Introductory SEPA Payout Offers: Through the end of July 2017, CCBill is offering a special introductory rate of $10 per SEPA payout.

CCBill merchants and affiliates who are interested in using either of these new convenient payout options can easily update their account from their secure account payout change system or by contacting their payout specialist at [email protected] to begin the process.