What is Payout?
Payout means the service where Merchant transfers in advance an amount into its Billplz Account (increase Payout Limit) before sending payment instructions to Billplz via API. Billplz thereafter processes the payment instructions received via API and performs disbursements accordingly.
It is different between Settlement and Payout. This Payout specifically is to disburse payments from one (1) bank account to multiple bank accounts. For example, to pay an agent or dropship commission.