Payout: definition, example, and why it matters
Most processors pay out daily or every 2 days. New accounts may face a 7-day rolling hold while the processor reviews dispute risk.
- Short definition. The transfer of collected funds from a processor to your bank account.
- Category. Payout is a payments term used by service businesses when billing customers.
- How Glo Invoice handles it. Glo Invoice builds payout into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does payout mean?
Most processors pay out daily or every 2 days. New accounts may face a 7-day rolling hold while the processor reviews dispute risk.
