Hoscoo Payouts

Instant
Open Banking Payouts

Issue secure payouts to a bank account in seconds by leveraging the direct connectivity of Open Banking.

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Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
Hoscoo is trusted by Light & Wonder
How it Works

Real-Time Technology

Proprietary Open Banking technology combined with real-time payment rails enables the delivery of safe and seamless payouts directly to the consumer’s bank account, driving user satisfaction and enhancing loyalty.

Benefits

Improve satisfaction and drive loyalty

Improve the user experience and drive consumer loyalty with payouts that balance risk with reward.

Provide consumers with instant funds anytime

Refunds, withdrawals, disbursements, or payouts are sent to the receiving account in seconds (24/7/365).

Hoscoo icon in the center surrounded by icons representing bank, processing, and payments connected by lines.

Improve consumer loyalty

According to research by Hoscoo, 80% of consumers would repeat transactions with merchants that offer instant payouts.

Phone with message stating: funds received surrounded by two lightning bolts.

Build payment certainty

Bank-grade data ensures accuracy of account ownership and eliminates misrouting risk, reduces fraud, and helps maintain compliance.

Hoscoo logo with 5 stars below it.

Drive additional revenue via recognition

Payouts use the same simple flow as pay-ins, no manual data input necessary.

Phone depicting funds received with dollar bills flowing toward it.

Protect consumer data

Bank connectors safely tokenize sensitive account credentials, preventing fraud and data theft.

Steps to receive payout: select bank, select account, confirm payment, and funds received.
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Harley Butler

CMO at Shipt

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Harley Butler

CMO at Shipt

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Harley Butler

CMO at Shipt

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Harley Butler

CMO at Shipt

Features

Settlement Time

Optimize working capital with same-day settlement options.

Smart Routing

Automatically route users to the most efficient connection method.

Meet Compliance

Utilize Open Banking Data to maintain compliance.

Our Impact

$0
Total Payments Value
0
Connected Banks
0
Consumer Reach
0
Merchants

Get started with Hoscoo

Contact our payment experts to learn more about what you can build using our Open Banking platform.

Relevant pages and resources

Payments
Pay by Bank
Open Banking
A Business Guide to ACH Transfer Limits & Workarounds
Open Banking
Pay by Bank
Payments
Hoscoo Hot Seat Series - Ep.01 - Intro to Open Banking
Open Banking
eCommerce
Payments
What Is ACH Fraud and How Can Your Business Prevent It?