Studytube wählt OPP für die Zahlungsabwicklung für 8.000 Bildungsanbieter und 500.000 Mitarbeitende

Studytube was founded in 2010. Hundreds of organisations and more than 500,000 employees use it for courses and training from some 8,000 providers, including external providers such as ICM and NCOI. Companies manage training, approvals and budgets in Studytube’s portal, and they expect to handle payments there too.

The partnership: B2B payments a learning platform does not have to run itself

Studytube sits between the companies that buy training and the trainers who deliver it. Handling the money between them itself would have made Studytube a payment service provider, a role that, with PSD2 in force, it did not want to take on.

So OPP took on that role. OPP and Studytube partnered to automate the payments between companies and trainers on the platform. With OPP’s multi-split payments, a company receives one invoice summary a month instead of a hundred separate invoices. OPP collects the company’s payment and splits it between the trainers and Studytube’s commission, so everyone is paid automatically.

The challenge: few providers focus on B2B, and none on splitting

Studytube’s payment flows are business to business: hundreds of companies paying thousands of training providers through one platform. Most payment service providers are built for consumers paying a webshop, not for companies paying many suppliers at once.

Companies typically buy courses from several providers at once. Studytube did not want them checking an invoice per training, and it wanted to deduct its own fee from each payment without manual work.

Our solution: one invoice summary, many payouts

For OPP, splitting a client’s payment into the trainer’s portion and the platform’s commission is everyday practice. Companies now receive an overview of all transactions each month, one invoice summary instead of 100 invoices from different trainers. When the company pays it, OPP’s multi-split pays the various trainers and pays Studytube its fee. Payments from trainers to Studytube run automatically through OPP as well.

“When formulating these requirements we immediately noticed that for Online Payment Platform, as a specialist in platform payments, this is everyday practice. They offer multi-split payments that automatically split the client’s payment to Studytube into the trainer’s portion and our commission.”

Sebastiaan Menheere, COO of Studytube

The impact: convenience for companies, and a payment flow that keeps working

Companies that train their staff through Studytube now deal with one invoice summary a month and pay it in one go. Trainers receive their share automatically, and Studytube’s fee is deducted without anyone at Studytube touching it. The set-up has stayed in use as the platform has grown.

Studytube has a team in Germany and activities in other European countries, and OPP supports platforms beyond the Netherlands too, so the two companies’ international ambitions line up.

What this means for you: why B2B platforms need split payments

If you run a platform where one customer buys from many suppliers, Studytube’s requirement is a common one: a single invoice for the buyer, an automatic payout for every supplier, and your own fee deducted along the way, without becoming a payment institution yourself.

That is what multi-split payments are for, and it is where OPP started.

Want to see how multi-split payments could work for your platform? Get in touch to learn more.