Payout creation

When you use the /v3/payouts endpoint, you can specify one of three values for the type parameter:

• payment_source
• external_account
• business_account

These correspond to the three types of payout below.

Payouts to an account that paid in

This is also known as a closed-loop payout. This type of payout is made back to a payment source. In other words, the account that the original pay-in came from.

Learn how to pay out to an account that paid in.

Payouts to an external account

This is also known as an open-loop payout. This type of payout is made to bank details, such as SCAN ir IBAN.

When you make a payout to an external account, it's important that you include certain user details to ensure the payout is legitimate.

Learn how to pay out to an external account.

Payouts to your business account

This type of payout is made to a business account of your choice. Speak to us to connect your business account to your merchant account.

Learn how to pay out to your business account.