In the simplest terms, a Payout is a group of payment instructions. These are grouped payment instructions to be sent out to Payees. Payments are only created in the system when the Payout is instructed. Once instructed, payments are sent to Payees.
In the simplest terms, a Payout is a group of payment instructions. These are grouped payment instructions to be sent out to Payees. Payments are only created in the system when the Payout is instructed. Once instructed, payments are sent to Payees.