Withdrawal Schedule

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  • Updated on Jun 7, 2025
  • Published on May 13, 2025
  • 2 minute(s) read
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The Withdrawal Schedule page contains editable information about a specific scheduled withdrawal from a merchant account or group.

To access the Withdrawal Schedule page:

  1. Click Merchants in the Management category in the left navigation panel.

  2. Click a specific merchant in the Merchants table to open the Merchant Profile page.

  3. Scroll down to the Withdrawal Schedule tab in the Merchant Account Overview section of the Merchant Profile page.

  4. Click the specific withdrawal located in the Withdrawal Schedule table to open the Withdrawal Schedule page.

To learn more about withdrawal schedules, see Setup a Scheduled Withdrawal Flow.

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:

  • ID: The Payrix Pro-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 Pro-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 Partner.

  • Billing: The billing entry associated with the withdrawal schedule.

  • Minimum: Enter the minimum dollar amount in the Merchant’s available balance 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 an overdraft.

  • Maximum: An optional maximum amount of a withdrawal.

  • Float: The dollar amount that will be withheld from the Partner's payout.

Withdrawal Schedule Details Actions

To edit the Withdrawal Schedule Details section:

  1. Click the PENCIL icon in the upper-right corner of the page.

  2. Edit information related to the withdrawal.

  3. 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:

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