Glossary
Payout
A payout is a transfer initiated by the merchant or the payment business to a recipient: a player's winnings, a seller's earnings, a courier's pay, a refund to a method that has no return channel. It differs from a refund, which returns a specific payment, and from settlement, which is the provider or the business paying out a period's balance; a payout is a new outgoing transaction with its own recipient, rail and fee.
The rails
Cards through the schemes’ push-payment services where the acquirer offers them; instant bank rails such as PIX keys, UPI, SEPA Instant, Faster Payments or IMPS; ordinary bank transfers; wallets such as M-Pesa, Kaspi or Payme; stablecoins through licensed crypto providers. Each has its own recipient details, limits and time to arrival, and the catalogue marks them per method and provider.
The controls
Roles that separate who creates a payout from who sends it; limits per merchant and per day; a balance check against the ledger so a payout never exceeds the available funds after fees and the rolling reserve; validation of a file of payouts before anything is sent; the journal of who created and sent what and what the provider answered; returns written back to the balance.
On the platform
Tranzify creates payouts through the same API and routing as payments, single or from a file, checks them against the ledger and the limits, sends them through the client’s accounts at the providers and journals every one; the funds are the licensed client’s and move through its accounts.
Updated: 2026-11-08