Payouts Overview
Primary Audience: Admins
The Payouts page helps admins reconcile customer payments processed through the Platform by displaying settlement payouts issued by Finix.
Each payout settlement groups together processed payment transactions that are transferred to your organization’s bank account.
Viewing Settlement Details
Selecting a settlement opens a detailed list of all transactions included in that payout, along with payment information similar to the Payments page.
This view can help your organization:
- Reconcile customer payments
- Review included transactions
- Match settlements to bank deposits
- Research payment activity
Exporting Settlement Information
Settlement transaction details can also be exported as an .xls file for reconciliation and record keeping purposes.
For additional information about payment export fields and transaction details, review the Payments Report Overview article.
Settlement Field Definitions
The Payouts page includes the following settlement information:
Settlement ID
The unique settlement ID provided by Finix.
Admins can use this ID to search for the settlement directly within the Finix Dashboard.
Date
The date the funding transfer was initiated by Finix.
Bank processing times may vary, so funds may not appear in your organization’s account on the same date the settlement is initiated.
Amount
The total payout amount your organization should receive.
This amount includes:
- Customer payment totals
- Credit card convenience fees
Processing fees are debited separately and are not included in the payout amount.
Paid Records
The total number of payment transactions included in the settlement.
Additional Resources
For more information about related payment reporting features, review the following articles:
If you have any questions related to this article or anything else, please reach out to our Partner Enablement Team at help@agvend.com or at 512-812-9399.