You can use groups to create a standard withdrawal schedule for multiple merchants or your entire portfolio. This tutorial shows you how to configure a withdrawal flow for a group of merchants.
Audience: Partner
Set Up the Multi-Merchant Withdrawal Flow
Complete all steps in the following sections to automatically schedule daily withdrawals for multiple merchants at once.
Important!
New withdrawal flows configured in groups cannot be retroactively applied to existing merchants. Set up your withdrawal flows as part of your initial merchant group setup before you board merchants.
Prerequisites
Before attempting this tutorial, you must:
Meet the general prerequisites described in Get Started with Use Case Tutorials.
Access the Group Profile Page
Click Groups under the Management category in the left navigation panel.
Select the listed group that you want to apply the withdrawal flow to.
Add a Withdrawal Flow
Click Withdrawal Flows from the left menu to open the Withdrawals tab.
Click Add Withdrawal Flow to open the Add Withdrawal Flow dialog.
Configure the withdrawal flow with the following parameters:
Repeat Every: 1 and Days.
Type: Percentage.
Amount: 100.00.
Trigger: Board.
Click Add to finish creating the withdrawal flow for the group.
Result: Your withdrawal flow is now configured. All merchants who are members of the group will automatically receive 100% of their daily funds in the form of a withdrawal payout.
Tip
You can use a work flow to automatically add newly boarded merchants to the group with your withdrawal flow configurations as they’re first approved to process transactions. Work flows must be configured by the Payrix Pro Implementations team.
Next Steps
After setting up the withdrawal flow for your preferred merchant-enrolled group, review the following guides for information on related topics:
Balance Daily Disbursements: Learn how merchants can balance the daily withdrawal disbursements created by your withdrawal flow.