Payout creation
Learn about the different types of payout that you can create.
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 or 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.
Updated about 2 months ago
Learn about closed-loop, open-loop, or business account payouts.
You may also want to learn about and review your payout retry behaviour.