Reduce Payout Cost
Reduce cost, increase value and stickiness with Manifest payouts.
Scenario
In this example, we’ll discuss a music distributor called Triangle. Triangle wants reduce their payout costs, and their musicians would always prefer to get access to their money faster.
Strategy
Triangle creates an Enterprise in the Manifest dashboard.
Manifest assigns Triangle an account at our bank partner. Triangle is able to fund their account via wire or ACH.
Manifest Enterprise Dashboard
Triangle adds a Manifest payment option to their web app.
Triangle links to or embeds Connect so their artists can open a Manifest account, or link to their existing bank via ACH.
Triangle's creator web app lins to Connect
Triangle issues payouts to their artists using the Manifest API.
Manifest pays artists into Manifest accounts instantly, or their existing bank via ACH. Triangle can view all payouts in Manifest Dashboard or via the API.
Payouts are paid into creator accounts
Results
By adding a Manifest payment option to their platform, Triangle:
- Helped its artists find free business banking tailored for creators.
- Removed payment delays for its musicians.
- Reduced its payment costs — even for artists who still choose to use ACH.
Looking to reduce your payout cost?
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