unTill Payments portal
English
English
  • Introduction
  • Overview
  • Glossary
  • Getting Started
    • Quick Start unTill Payments
  • Features
    • Home page
    • Payments profile
    • Shopper statement
    • Payment methods
    • Terminals
    • Payouts
    • Retry payout
    • Get invoice
    • Other users
    • Accounting reports
Powered by GitBook
On this page
  • Current Balance
  • What is a payout?
  • Payouts schedule
  • Retry payout
  • Invoices
  • Rates

Was this helpful?

  1. Features

Payouts

PreviousTerminalsNextRetry payout

Last updated 25 days ago

Was this helpful?


After the client settles the bill in the location, the received amount is directed to the Adyen Platform, where the respective fees are deducted. Once this process is completed, the funds are credited to the Current Balance.

The final step is to transfer the money to the bank account. This process is called payout.

Current Balance

All funds are accumulated in this account. These funds are securely stored on the Adyen Platform until a payout is executed to the bank account.

What is a payout?

Payout is the process of crediting respective amounts of each Current Balance to personal bank accounts. Payouts let Payments Users and Resellers receive their funds.

Payouts are available to track on the unTill Payments Portal.

For more information on how to track the payouts in the Accounting reports, .

How does payout work?

  • Funds are generated based on the card transactions within the location processed using unTill Payments.

  • Money from these transactions accumulates on the Current Balance.

  • In the specific timeframes, this money is moved from the Current Balance to the Payments User's bank account.

  • This movement of money is called a payout.

Payouts are processed automatically, based on the preconfigured conditions. Payments Users receive their funds based on the card transactions for the working day processed by unTill Payments.

Payouts schedule

Payouts for unTill Payments clients are made to their bank account in 2 business days after the transactions, usually from 2 to 6 a.m.

Note: The day and the time of the payout can vary depending on the conditions of the payment processing.

General payouts schedule:

Sales date
Payout date

Monday

Wednesday

Tuesday

Thursday

Wednesday

Friday

Thursday

Monday

Friday

Tuesday

Saturday

Wednesday

Sunday

Wednesday

Note: weekend days are not considered as business days for payment processing. Following this, the payouts that include weekend days will be deposited later.

Retry payout

This feature becomes important when a payout is not processed correctly and your funds remain on the Current Balance on the Adyen Platform. In such cases, you have the option to click the Retry payout button to initiate the fund transfer again.

The amount from the unperformed payout will stay on your Current Balance and will not be included in subsequent daily payouts. This amount will remain there until you initiate the retry payout process.

Invoices

Payment Users receive invoices that detail the fees deducted from the transaction amount. These invoices can be viewed and printed from the payouts section of the Payments Portal.

The invoice includes the following fields:

  • Period: The timeframe for the invoice (Always 1 day).

  • Description: Elements like Payment fees, Processing fees, Acquirer fees, Subtotal, VAT, and Total.

  • Quantity: Specific fee values.

  • Amount: Total amounts of fees represented in euro (€).

Rates

On the Payouts page within the Payments Portal, you can view the current rates for the Processing Fee and Acquirer Fee as set by your Reseller. This page ensures you are always informed about the current rates.

For more information on how to initiate a retry payout action, .

For more information on how to receive and download an invoice, .

refer to this page
refer to this page

Who can use this feature?

refer to this page

Payments Users

✔️