Digitize and Simplify Complex Payouts

Multi-Party Payments

Transcard’s SMART Disburse solution automates the complexity of multi-party payments eliminating manual effort, reducing check volume, and accelerating payout timelines.
Deliver a faster, fully digital experience for payers and recipients.
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One check for four recipients?
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Still chasing signatures and reissuing payments?
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What’s your process when five people need to approve one payout?
Eliminate the delay and confusion of multi-party payments with automation, digital approvals, and faster payment delivery.
Eliminate the delay and confusion of multi-party payments with automation, digital approvals, and faster payment delivery.
WITHOUT AUTOMATION
Without automation, businesses are forced to:
  • Coordinate disbursements manually
  • Track allocation splits and signatures
  • Issue and reissue paper checks
  • Chase down approval errors
  • Manage a confusing, error-prone back-office
WITH AUTOMATION
Transcard streamlines every step—built for complexity, designed to move faster.
  • Dynamic allocation tools to split payments based on agreements
  • Instant, flexible payouts via ACH, RTP, virtual card, or check
  • Real-time reconciliation and audit trails
  • Full visibility for all parties involved
  • Modern, mobile friendly payment experience
Simplify Multi-Party Payments
Benefits for businesses and recipients
  • Replace paper checks with instant, trackable digital payments
  • Accelerate disbursement timelines and reduce administrative burden
  • Improve customer and vendor satisfaction with flexible, transparent workflows
  • Digitally review and confirm how payments are split (for appropriate use cases)
  • Choose preferred payment method and receive funds instantly
  • Eliminate delays from missing endorsements or returned checks
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Multi-Party Payment Models

Transcard’s SMART Disburse supports multiple endorsement and allocation structures to match the complexity of your payout scenario.
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Unified Endorsement
Joint approval
A single approval workflow for shared payments.
BEST FOR
Joint ownership claims (e.g., home or auto insurance with two owners)
BEST FOR
All required parties must approve before funds are released, ensuring alignment and reducing risk.
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Fixed Allocation
Structured and predefined
Predefined amounts sent to multiple recipients.
BEST FOR
Insurance payouts involving lienholders or structured reimbursements.
BEST FOR
After digital endorsement, funds are automatically split according to set amounts—for example, between homeowners, lienholders, and service providers.
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Dynamic Allocation
Flexible and real-time
Flexible fund distribution tailored in real time.
BEST FOR
Property management, real estate, and multi-tenant refunds.
BEST FOR
Recipients agree on how the payment should be split—like dividing a security deposit refund among tenants—ensuring fairness and transparency across all parties.
BEST FOR
Joint ownership claims (e.g., home or auto insurance with two owners)
BEST FOR
All required parties must approve before funds are released, ensuring alignment and reducing risk.
BEST FOR
Insurance payouts involving lienholders or structured reimbursements.
BEST FOR
After digital endorsement, funds are automatically split according to set amounts—for example, between homeowners, lienholders, and service providers.
BEST FOR
Property management, real estate, and multi-tenant refunds.
BEST FOR
Recipients agree on how the payment should be split—like dividing a security deposit refund among tenants—ensuring fairness and transparency across all parties.
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A single approval workflow for shared payments.
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Predefined amounts sent to multiple recipients.
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Flexible fund distribution tailored in real time.
Use cases

Simplicity Across Verticals and Use Case

Transcard’s multi-party payments solution is ideal for:
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Payouts requiring multiple endorsements
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Security deposit refunds
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Real estate settlements
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Supplier and service provider payouts
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Shared ownership distributions
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Claims payouts
Lienholder Payments-1
Lienholder payments

Ready to Simplify
Multi-Party Payments?

Talk to our team to see SMART Disburse in action.
Schedule a Demo