Payout (Settlement)
In the context of merchant transactions, a payout refers to the transfer of funds from an acquiring entity to the designated merchant’s account. Payouts are a critical aspect of ensuring timely and secure financial transactions, enabling merchants to access their funds efficiently and effectively.
In the context of merchant transactions, a payout refers to the transfer of funds from an acquiring entity to the designated merchant’s account. Payouts are a critical aspect of ensuring timely and secure financial transactions, enabling merchants to access their funds efficiently and effectively.
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