Omega and PayNearMe Now Support Payment Disbursements to Dealers, Vendors, and Customers
Send instant payouts to dealers, vendors, and customers directly from Omega—powered by PayNearMe.
Following the successful launch of our PayNearMe payment acceptance integration, we're excited to announce that Omega now supports payment disbursements through PayNearMe. Lenders and servicers can now send instant payouts to dealers, vendors, and customers directly from Omega Servicing—streamlining refunds, dealer buybacks, vendor payments, and customer rebates.
What's New?
The enhanced PayNearMe integration now enables:
- Dealer disbursements – Send payouts for dealer reserves, buybacks, and commissions
- Vendor disbursements – Pay vendors for services, repairs, and invoices
- Customer disbursements – Issue refunds, rebates, and overpayment returns
All disbursements are initiated directly within Omega and processed through PayNearMe's secure platform—with real-time tracking and automatic account reconciliation.
Key Benefits
- Instant payouts—eliminate check printing, mailing delays, and manual processing
- Real-time disbursement tracking within Omega
- Support for B2B (dealers, vendors) and B2C (customers) payments
- Seamless integration with existing PayNearMe payment acceptance
- Automatic account reconciliation—no manual batch files or reports
- Secure, compliant disbursements through PayNearMe's platform
- Reduce operational costs associated with paper checks and wire transfers
How It Works
- Initiate a disbursement from Omega Servicing (dealer, vendor, or customer payout)
- Select PayNearMe as the disbursement method
- Enter recipient details and payment amount
- PayNearMe processes the payout instantly
- Disbursement status updates in real time within Omega
- Recipient receives funds via their preferred method (bank account, debit card, or cash pickup)
- Transaction automatically reconciles in Omega
Use Cases
Dealer Disbursements:
- Dealer reserve payouts
- Dealer buybacks and repurchase agreements
- Commission and incentive payments
Vendor Disbursements:
- Repair and service vendor payments
- Third-party service provider invoices
- Inspection and appraisal fees
- Repossession and recovery vendor payments
Customer Disbursements:
- Overpayment refunds
- Insurance claim payouts
- Rebates and incentive payments
- Account closure settlements
Integration Features
- Native disbursement initiation within Omega Servicing
- Real-time status tracking and account updates
- Support for multiple recipient types (dealers, vendors, customers)
- Automatic reconciliation with Omega accounts
- Secure payment processing through PayNearMe
- Flexible payout methods for recipients (ACH, debit card, cash)
- Audit trail and compliance reporting
Why Add PayNearMe Disbursements?
- Faster payments improve dealer and vendor relationships
- Eliminate check printing, postage, and manual processing costs
- Reduce customer service inquiries about refund status
- Improve cash flow visibility with real-time tracking
- Scale disbursements without adding operational overhead
- Leverage existing PayNearMe integration for end-to-end payment workflows
Complete Payment Lifecycle in One Platform
With PayNearMe's expanded integration, Omega users now have a complete payment solution:
- Inbound payments: Accept cash, debit, credit, and ACH from borrowers
- Outbound disbursements: Send instant payouts to dealers, vendors, and customers
- Real-time visibility: Track all payment activity within Omega
- Seamless reconciliation: Automatic account updates with no manual processes
✅ Get Started
PayNearMe disbursements are available now for Omega Servicing clients with an active PayNearMe integration. Contact us to enable disbursement functionality and start sending instant payouts to dealers, vendors, and customers.
