Payout Schedules (M)

The Payout Schedules page contains editable information about a specific payout schedule on your account.

Navigate to the Payout Schedules page by following the steps below:

Step 1: Click on Payouts under Admin in the left-hand navigation panel.
Step 2: In the Payouts Overview section displaying your Account Balance, Payout Schedules, and the Next Payout Details, click the View Schedules button in the Payout Schedules panel.

The Payout Schedules page, including the Schedule Payout button.

Payout Schedules Features

Click here to view the features of the Payout Schedules page.

Payout Schedules Table

The Payout Schedules table contains the following information about the payout:

Payout Schedules Table Column Names	Description
Name	The custom name given for the payout schedule.
Frequency	The ongoing schedule of the payout, displayed as One Time or “Every __ days/weeks/months/years”
Amount Type	The type of payout: Actual, Percentage, or Negative Percentage (charging the account instead of depositing).
Amount	The amount of the payout. Set a specific dollar amount for “Actual” Amount Type. Set a percentage for “Percentage”.
Float	An optional amount set as the minimum balance maintained in the account when a scheduled payout occurs. This is especially helpful when using a 100% daily payout schedule, to avoid potential overages from fee assessments or returns for example.
Account	The bank account that will receive the deposit from the payout schedule.
Schedule Payout Button	Opens the Schedule Payout lightbox allowing you to set or modify the exact parameters of the payout schedule.

Payout Schedules Table Actions

The Payout Schedules table supports the following actions: create a new payout schedule, modify an existing payout schedule, and delete a payout schedule.

To create a new payout schedule for your account, follow the steps below:

Step 1: Click the Schedule Payout button in the upper right corner to open the Schdeule Payout lightbox.
Step 2: Enter all required settings, adding any desired optional information.
Step 3: Click the Schedule Payout button at the bottom of the lightbox to finish.

Result: The new payout schedule has been created and will be reflected on the Payout Schedules table and will begin to take effect on the set “Start” date.

To modify an existing payout schedule on your account, follow the steps below:

Step 1: Click the ⋮ icon next to the payout schedule you wish to modify and click Edit to open the Schedule Payout lightbox.
Step 2: Make any necessary adjustments.
Step 3: Click the Schedule Payout button at the bottom of the lightbox to finish.

Result: The modified payout schedule has been saved successfully. Any high-level payout schedule changes will be reflected on the Payout Schedules table. Applicable changes to the payout schedule amount, frequency, or other parameters will occur with the next payout.

To delete a payout schedule on your account, follow the steps below:

Step 1: Click the ⋮ icon next to the payout schedule you wish to modify and click Delete.
Step 2: Click the Delete button in the confirmation box to finish.

Result: The deleted payout schedule will be removed from the Payout Schedules table.

Schedule Payout Lightbox

The Schedule Payout lightbox is designed to allow users to quickly enter the information required to schedule a basic payout as well as advanced options to setup or modify the Payout Schedules

Schedule Payout Form Fields	Description
How often would you like to withdraw?	The frequency of the scheduled payout, displayed as One Time or “Every __ days/weeks/months/years”
Bank account to deposit withdrawal.	The linked bank account that will receive the deposit from the payout schedule.
Amount	The amount of the payout.
Amount Type	The type of payout: Actual, Percentage, or Negative Percentage.
Name	The custom name given for the payout schedule.
Start	The date that the payout schedule will begin.
Float	The dollar amount that will be withheld from the payout.
Login	The user (login) ID used to log in to the portal and associated with your Merchant account.
Description	A custom description given for the payout schedule.
Minimum	A minimum amount optionally set as a requirement for the Payout Schedule to be disbursed. Warning: Overriding this setting may result in an overdraft.
Maximum	A maximum amount optionally set as a limit for how much may be disbursed in the Payout Schedule. This is particularly helpful to help prevent overdrafts.

Related Pages

Click the links or items on the Payout Schedules page to access any of the following pages: