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