Overview

Payouts are an essential part of Jupico's payment processing platform, providing a seamless way to transfer funds to accounts and other recipients. With Jupico's Payouts, you can efficiently manage the process of sending funds to the right accounts and keep track of all transactions.

Key Features

• Flexible Payout Scheduling: Jupico offers customizable payout schedules, allowing you to configure daily, weekly, or monthly payouts to meet your specific business requirements.

• Automated Payout Processing: Jupico automates the payout process, ensuring that funds are transferred to the appropriate recipients on time and without manual intervention.

• Detailed Reporting: Access comprehensive reports to gain insights into your payout transactions, including payment statuses, amounts, and recipient details.

• Secure Funds Transfer: Jupico uses industry-standard encryption and secure transfer protocols to ensure that your payouts are sent safely and securely to the intended recipients.

Payout Types

Jupico offers two primary payout types to cater to the diverse needs of businesses: Scheduled and API. These payout options provide flexibility, allowing you to choose the best method for managing and disbursing funds to your recipients.

Scheduled Payouts

Scheduled Payouts are ideal for businesses that require a consistent and predictable payout schedule. With Scheduled Payouts, you can set a predefined interval (daily, weekly, or monthly) to automatically send funds to your recipients. This payout type simplifies the funds transfer process and ensures that your recipients receive their payments on a regular basis.

Key Benefits of Scheduled Payouts:

• Consistent and predictable payout schedule

• Reduced administrative overhead and manual intervention

• Simplified cash flow management for your recipients

API Payouts

Dynamic (API) Payouts offer a more flexible approach to managing payouts, enabling you to send funds to your recipients on an as-needed basis. With Dynamic Payouts, you can initiate payouts at any time, giving you complete control over the timing and frequency of your disbursements.

Key Benefits of Dynamic Payouts:

• Greater control over payout timing and frequency

• Ability to accommodate unique or one-time payout scenarios

• Improved cash flow management for businesses with variable payout needs

How Payouts Work

• Initiate a Payout: When you're ready to send funds to a recipient, simply initiate a payout through Jupico's API or dashboard, providing the necessary details such as the recipient's account information, payout amount, and currency.

• Payout Processing: Jupico processes the payout, transferring the specified amount from your account to the recipient's account. This process includes any necessary currency conversions and adheres to the defined payout schedule.

• Track Payout Status: You can track the status of your payouts in real-time using Jupico's API or dashboard, ensuring that you have full visibility into the payout process and can address any issues promptly.

• Receive Payout Notifications: Jupico sends notifications for payout events, such as successful transfers, failures, or delays, allowing you to stay informed and manage your payouts effectively.