Introducing Named Payouts in USD, EUR & GBP

Unrecognized or unexpected names on transactions can cause significant frustration for fintechs and their customers. Increased time needed for financial reconciliation, risks of non-compliance with auditing or regulatory standards, and potential negative impacts on brand reputation are all consequences of an unclear sender 

When sending payments on behalf of your customers, we want to make sure the recipient understands at a glance who the payment is coming from – rather than seeing your name, or ours.

With this in mind, Conduit’s has launched Named Payouts to improve the end-to-end third-party payment experience for you and your customers.

The challenges of unrecognized transactions

Companies that make large-scale payments face various problems when recipients cannot easily identify the source of the funds received. Here are the main challenges:

• Confusion and concern due to generic and unexpected transaction names
• Increase in support requests and operational costs
• Difficulty in financial reconciliation and increase in manual processes
• Elevated regulatory risk
• Negative impact on brand reputation

What are Named Payouts?

Named Payouts allow payments made by a company or platform to display the brand or business name as the sender on the recipient’s account. Instead of a generic identifier, bank code, or Conduit’s name, the beneficiary clearly sees who is sending the funds. This makes the transaction more transparent, trustworthy, and easy to recognize.

Payouts can be made near-instantly in USD, EUR & GBP – from the Conduit web app or via API.

What are the real benefits for your business?

The feature is especially useful for companies that make frequent payments, such as marketplaces, service platforms, or fintechs. By customizing the sender’s name, confusion is reduced and it also helps strengthen the brand in every financial interaction. Check out some benefits of the solution:

Strengthening brand trust

Payments that display the expected sender name eliminate doubts and uncertainties for recipients. This reduces support requests and reinforces brand credibility in every transaction.

First party-like experience

Users and recipients have a much better experience with your brand when they engage with your service end-to-end, without visibility into your partners.

Multiple Payment Rails

Pay-in and pay-out using a wide network of local and international payment rails, including SWIFT, SEPA Instant, stablecoins and more.

Faster Reconciliation 

With the correct payer name visible on the account statement, recipients can automatically identify and reconcile incoming funds, saving time and reducing manual effort in financial operations.

Traceability and regulatory compliance

The feature provides clear and auditable records for each payment, facilitating compliance with regulatory requirements such as AML (Anti-Money Laundering) controls and financial audits.

Competitive advantage in the market

Named Payouts deliver a level of professionalism in financial infrastructure that is usually available only to large institutions. This differentiates your business, especially in emerging or fast-growing markets.

Multi-Currency support

The feature is available for payments in USD, EUR, and GBP, covering most of the international payment needs of Conduit’s clients.

Conduit wants your cross-border payouts to speak your name

With Conduit, your international payments gain identity, transparency, and trust. The Named Payouts feature allows your brand to be present in every transaction, delivering a clearer and more professional experience for your recipients.The best part is that this feature is already available in the platform and works without any need for changes or additional integration.

It's time to turn your financial operations into a competitive advantage. Get to know Conduit and let your payments speak for your brand. Our speed, our network - your name. Click here to learn more!