How to read your Payout Reports?

Understanding each field helps you analyze your payout transactions effectively.

 

Header Description
ID Unique xID representing the payout object.
Transaction Type Type of transaction.
Reference ID Reference input by the merchant.
Created At Timestamp at which the payout was created.
Payout Amount Amount of the payout.
Payout Currency Currency of the payout.
Balance Currency Currency in which the corresponding balance is adjusted.
Balance Exchange Rate FX rate for conversion to balance currency.
Balance Amount Amount to be updated in the actual balance of the merchant.
Destination Amount Amount to be paid to the beneficiary.
Destination Currency Currency of the beneficiary's bank account.
Payout FX Rate FX rate used for currency conversion in the payout.
Status Payout status (e.g., Processing, Requires Approval, Requires Action, Succeeded, Failed, Cancelled).
Transaction Description Short description of the payout transaction.
Statement Descriptor Statement descriptor passed to the customer's bank statement.
Payout Type Type of payout (e.g., SWIFT or Local).
Charge Type Charge type (e.g., OUR, SHA).
Payout Purpose Code representing the purpose of the payout.
Tracking Reference Type Type of tracking reference provided.
Tracking Reference ID Tracking reference ID for the payout.
Beneficiary ID Unique xID representing the beneficiary object.
Beneficiary Name Name of the beneficiary.
Beneficiary Type Beneficiary type (e.g., Business or Individual).
Beneficiary Address Address of the beneficiary.
Beneficiary Phone Phone number of the beneficiary.
Beneficiary Destination Type Type of destination (e.g., Bank or Wallet).
Tax ID Tax identification number (applicable for certain corridors).
Bank Account Number Bank account number of the beneficiary.
Bank IBAN International Bank Account Number of the beneficiary.
Bank Name Name of the beneficiary's bank.
Bank Country Country where the beneficiary's bank is located.
Bank Currency Currency of the beneficiary's bank account.
Bank SWIFT Code SWIFT code of the beneficiary's bank.
Bank BIC Bank Identifier Code.
Bank IFSC Indian Financial System Code (for banks in India).
Bank ABA ABA routing number (for banks in the USA).
Bank SORT Code Sort code (for banks in the UK).
Bank Branch Code Branch code of the bank.
Bank BSB Code Bank State Branch code (for banks in Australia).
Bank Code Bank code (specific to certain countries).
Wallet Deposit Address Deposit address for wallet payouts.
Wallet Type Type of wallet (e.g., PayPal, Skrill).
Wallet Currency Currency of the wallet.

Key Metrics to Monitor in Payouts

Focus on these metrics to gain valuable insights:

  • Payout Amount: The total amount disbursed in the payout.
  • Status: Indicates the current state of the payout process.
  • Beneficiary Details: Essential for ensuring funds are sent to the correct recipient.
  • Payout FX Rate: Important if payouts involve currency conversion.
  • Created At: Helps track when the payout was initiated.