Withdrawal Schedule (R)

The Withdrawal Schedule page contains editable information about a specific scheduled withdrawal from a merchant account or group.

Navigate to the Withdrawal Schedule page by following the steps below:

Step 1: Click on Merchants in the Management category in the left hand navigation panel.
Step 2: Click on a specific merchant in the merchants table to open the Merchant Profile page.
Step 3: Scroll down to the Withdrawal Schedule tab in the Merchant Account Overview section of the Merchant Profile page.
Step 4: Click on the specific withdrawal located in the Withdrawal Schedule table to open the Withdrawal Schedule page.

Note: To learn more about withdrawal schedules, see How to Schedule a Withdrawal in the Portal.

Partial view of the Withdrawal Schedule page, including the Withdrawal Schedule Details.

Withdrawal Schedule Features

Click here to view the features of the Withdrawal Schedule page.

Withdrawal Schedule Details

The Withdrawal Schedule details section contains the following editable information about the withdrawal:

Withdrawal Schedule Details Field Name	Description
ID	The Payrix-generated ID associated with the recurring withdrawal.
Created	The date that the withdrawal schedule was created.
Entity	The entity associated with the account that the withdrawal is made from.
Login ID	The Payrix-generated ID used by the merchant to log in to the portal.
Login Name	The name associated with the merchant account.
Withdrawal Flow	Indicates whether the withdrawal schedule affects multiple merchants.
Account Token	The cryptographically-generated token representing the payment method used to fund the scheduled withdrawal.
Name	The name associated with the account that the withdrawal occurs from.
Status	The status of the withdrawal schedule: Active or Inactive.
Secondary Descriptor	A custom descriptor that appears on a merchant disbursement. Note that a secondary descriptor will append to merchant payout for disbursements. If a secondary descriptor is set on the Merchant Entity, this setting will override what is sent on disbursements associated with this withdrawal.
Skip Weekends/Holidays	Select the box in this field to skip withdrawals on weekends and bank holidays. Any skipped withdrawal will then occur on the next non-holiday business day.
Amount	The amount of the withdrawal.
Amount Type	The type of withdrawal: Actual, Percentage, or Negative Percentage.
Currency	The currency that is used in the withdrawal transaction.
Schedule Factor	The frequency of the scheduled withdrawal.
Schedule	The payment schedule for the withdrawal schedule.
Start Date	The date that the withdrawal schedule began.
Description	A description of the withdrawal, entered by the referrer.
Billing	The billing entry associated with the withdrawal schedule.
Minimum	Enter the minimum dollar amount in the Merchant’s available balance in order for a payout to trigger. If a Merchant’s available balance is below this amount the withdrawal will not trigger until the balance returns to the minimum amount required. Note that overriding the Minimum setting may result in a overdraft.
Maximum	An optional maximum amount of a withdrawal.
Float	The dollar amount that will be withheld from the Referrer's payout.

Withdrawal Schedule Details Actions

To edit the Withdrawal Schedule Details section, click the PENCIL icon in the upper right hand corner of the of the page. Edit information related to the withdrawal, and then click the CHECK MARK icon to save your changes or click the X icon to discard changes.

Related Pages

Click the links or items in the Withdrawal Schedule page to access any of the following pages: