Instruction-Based Dynamic Payout Transactions

If you are a Payment Facilitator or merchant using the Instruction-Based Dynamic Payout model, there are a number of Batch only transaction types you use to move funds between various accounts, including funding Sub-merchants. This section provides information about these transaction types. For additional information, please refer to the Appendix D - Dynamic Payout.

Important: Services in the United States are provided by RealNet Payments LLC, a licensed money transmitter in the jurisdictions listed here.
RealNet Payments LLC: 8500 Governors Hill, Cincinnati, OH 45249 (800)729.8787.
Privacy statement found here.

We do not support the following funding instructions in Canada:

  • Reserve Credit/Debit
  • Vendor Credit

Please also refer to the PayFac Dynamic Payout FAQ document, which contains answers to numerous topics including payout timing, split platform processing, report availability, and general process items.

  • Funding Instruction PayFac Credit (FIPC) - used to move funds from the PayFac Settlement account to the PayFac Operating account.

  • Funding Instruction PayFac Debit (FIPD) - used to move funds from the PayFac Operating account to the PayFac Settlement account.

  • Funding Instruction Reserve Credit (FIRC) - used to move funds from the Settlement account to the Reserve account. Both Payment Facilitators and direct merchant can use this transaction type, except in Canada.

  • Funding Instruction Reserve Debit (FIRD) - used to move funds from the Reserve account to the Settlement account. Both Payment Facilitators and direct merchant can use this transaction type except in Canada.

  • Funding Instruction Sub-merchant Credit (FISC) - used to move funds from the PayFac Settlement account to the sub-merchant Operating account.

  • Funding Instruction Sub-merchant Debit (FISD) - used to move funds from the sub-merchant Operating account to the PayFac Settlement account.

  • Funding Instruction Vendor Credit (FIVC) - used to move funds from the Settlement account to the Vendor account. Both Payment Facilitators and direct merchant can use this transaction type, except in Canada.

  • Funding Instruction Void - used to void a submitted, but unsettled funding instruction. (See Funding Instruction Void Transactions.) Both Payment Facilitators and direct merchant can use this transaction type.

  • FastAccess Funding™ - used to transfer funds to certain eligible Mastercard or Visa debit cards. Transfer of funds takes place within 30 minutes. (See FastAccess Funding.) Both Payment Facilitators and direct merchant can use this transaction type.

  • Funding Instruction Payout Org Credit - used by direct merchants to move funds from the merchant Settlement account to the merchant Operating account.

  • Funding Instruction Payout Org Debit - used by direct merchants to move funds from the merchant Operating account to the merchant Settlement account.

  • Funding Instruction Customer Credit - used by direct merchants to move funds from the merchant Settlement account to the customer account.