Paysafe and Jaris Team on Instant Payouts for Small Businesses

Core Insights - Jaris has expanded its partnership with Paysafe to enhance its embedded finance offerings for small- to medium-sized businesses (SMBs) in the U.S. [1][2] - The collaboration allows Jaris' instant payouts solution to be integrated into Paysafe's payment ecosystem, providing SMBs with immediate access to funds from processed card transactions [3][7] Group 1: Partnership and Offerings - The partnership enables Jaris to offer a unified suite of financial tools, including growth capital and instant funding, to Paysafe's merchant network [2][3] - Jaris' financial solution provides near-real-time processing and is accessible 24/7, allowing for instant payouts and loans approved within one business day [3] Group 2: Market Context and Challenges - Cash flow has become a critical concern for many SMBs, affecting their daily operations and long-term viability [7] - Late payments create operational strain, leading businesses to delay payroll or vendor payments, which can erode trust with suppliers and employees [8] - Many SMBs still rely on traditional payment methods like paper checks, which slow down settlement and complicate financial forecasting [9]