Overview of Dynamic Payout

Dynamic Payout is a method of distributing funds to your sub-merchants/customers, other third party vendors (in the payment flow), and yourself via the ACH network. With Dynamic Payout, you submit transactions normally and settled funds accumulate in an FBO (For Benefit Of) account. You distribute the funds by submitting Batch files containing Funds Transfer Instructions (see Examples of Funding Instructions), or Online by submitting individual instructions. You submit these instructions based upon your payout agreements with your sub-merchants/customers (daily, weekly, monthly, etc.). RealNet processes the instructions and moves the funds from the holding account to the sub-merchants/customers. Funding can take place as early as the next day after settlement or on the same day if you utilize Same Day Funding.

 

FIGURE D-1 Overview of Instruction-Based Funding