Purpose — A Payout refers to Ontime making a payment to a client in order to satisfy one or more payment requests. Each day Ontime batches up all due amounts received and sends them to your delegated bank account in one transfer.
1
Ontime Receives Payment
Ontime receives the money to satisfy a payment request
2
Bank Transfer
Each day Ontime batches up all due amounts received and send them to your delegated bank account in one transfer
3
Notification
Ontime sends a webhook (or other selected notification) informing you of the transfer.