Payouts
 transfers funds to a recipient’s account in one of two ways:
  • An
    account funding transaction
     (AFT) withdraws funds from a sender’s account using standard credit card processing with two services, an authorization and a capture, before depositing the funds into a recipient’s account.
  • An
    original credit transaction
     (OCT) deposits funds into a recipient’s account.
Even though an AFT usually precedes a corresponding OCT, the AFT and OCT are independent transactions.
In typical payment transactions, you initiate debits and credits to receive payments from cardholders for your goods and services. With
Payouts
, you provide a money transfer service by initiating AFT and OCT transactions that move funds between accounts:
  • A
    business-to-person
     payment moves funds between you and a cardholder or between a merchant and a cardholder when you are the facilitator enabling the money transfer.
  • A
    person-to-person
     payment moves funds between two cardholders.
No merchant goods are involved in
Payouts
 transactions.