PAYMENT FIELD NOTES
Payout
A transfer from a provider balance to the seller’s configured bank or payout route. Creation, initiation and receipt can occur on different dates.
What it means
A transfer from a provider balance to the seller’s configured bank or payout route. Creation, initiation and receipt can occur on different dates.
A practical example
A transfer created on Friday and received by the bank on Monday has two distinct dates. Track receipt rather than treating the creation event as available bank cash.