Introduction
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Payaut gives you the ability to control your balances and payouts. When an accountholder has a positive balance, and the accountholder is fully onboarded by payout (after the KYC checks), you can trigger a payout.
Payaut provides two possibilities to manage payouts: (1) Manually via the API and (2) Scheduled.
Manual payouts
Gives you the ability to manage the payout timing and the amount of the payouts yourself. It is possible to payout partial balances, at any date you would like. Manual payouts require an API integration.
Scheduled payouts
Scheduled payouts can be configured per division or per seller, and will trigger the payout according to a schedule. Scheduled payouts can be configured according to the following schedule.
With the payout scheduler, the full available balance at the point of time will be paid out.