Glossary

Vendor Payouts

Glossary

  • Payout — a record of money you pay a vendor.
  • Commission — your marketplace's share of a sale.
  • Payout hold — days after an order is completed before its earnings can be paid.
  • Available balance — earnings ready to pay, minus payouts and open requests.
  • Settled — earnings already included in a payout.
  • UTR — the bank's reference number for a NEFT, RTGS or IMPS transfer.