Payload Partners With Brokerage Engine to Automate Payments
June 6, 2023
Payload has partnered with back-office software solution provider Brokerage Engine to automate agent billing, earnest money deposits, agent commission payouts, and internal customer SaaS billing.
Payload offers software platforms a suite of developer APIs and toolkits allowing them to customize an embedded inbound and outbound payment experience from up-front customer enrollment through transaction processing and reporting.
Prior to integrating Payload, Brokerage Engine users managed payments using a mix of payment methods and processes such as bank direct ACH, separate card processing, manual checks and wires and cash. “Managing a decentralized payment landscape for more than 500 agents was time-consuming for our agents and administrative team,” said Brianne Alston, chief financial officer of Gibson Sotheby’s International Realty. “The convenience of Payload is very evident as it enables us to make charges remotely and electronic records for all transactions are easily accessible. We’ve launched the integration recently and have already seen a dramatic improvement of speed and productivity.”
Agent billing offers administrators the options to invoice for one-time or recurring fees, leverage autopay, accept all major payment methods and choose who pays the fees. Digital earnest money payments are securely requested from homebuyers via payment link or within Brokerage Engine. Commission payouts are processed the same day for delivery to agents.
“Behind every successful tech venture is a robust API that empowers its users to achieve greatness, and an awesome support team that stands ready to guide them every step of the way. That's why we love Payload”, noted Brian Zhang, chief technology officer at Brokerage Engine. "Brokerage Engine users can activate the integrations of their choice in-app and are activated in near real-time.”
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