The Payout process will be via Bank Transfer or Paypal transfer as per merchant preference
Note:
- Payouts will only be initiated if all verifications are successful and Payout Threshold is crossed in the billing period.
- The default payout cycle for all merchants is bi-monthly.
- Merchants with higher transaction volumes may request weekly payouts by contacting [email protected].
- Certain high-risk merchants may be placed on a monthly payout cycle at our discretion.
Payout Status | Description |
---|---|
Payout Not Initiated | Payout due date has not yet arrived hence it has not been initiated |
Payout In Progress | Payout due date has arrived and Payout is in progress |
Payout On Hold | Payout is put on hold by the Payout Team (By Backend until admin dashboard is available) |
Payout Successful | Payout to the merchant account is processed successfully |
Payout Failed | Payout to the merchant account has failed |
Information | Description |
---|---|
Invoice ID | A Unique ID of the Invoice generated |
Date of Issue | Datetime of the Invoice Issued |
Merchant Business Name | Registered Business Name of the Merchant |
Merchant Business Address | Registered Business Address of the Merchant |
Dodo Merchant Name | Registered Business Name of Dodo Payments |
Dodo Payments Company ID | Registered Company ID of Dodo Payments |
Dodo Payments Business Address | Registered Business Address of Dodo Payments |
Payout Name | Name given to the payout (Eg. November Payout for Digital services licensed to Dodo Payments) |
Payout Qty | Will be 1 |
Payout Unit Price | Total Amount to be paid |
Payout Amount | Total Amount to be paid |