The payout model specifies when transactions are paid out to the bank account, that is added in the merchant.
Apaleo Pay customers have an E-Commerce (COM) merchant that processes all transactions made online. You can have a Point of Sales (POS) merchant for terminal payments on-site, too. Both merchant types have specific payout models.
Payout model for COM merchants
T+2
The default payout model settles all transactions and the payouts happens 2 business days afterwards.
Any merchant has a deposit calculation based on the exposure resulting from prepayments. Once the exposure exceeds 250.000€, a deposit is withheld. As soon as guests with prepayments arrive in the hotel, the sum of prepayments decreases. This reduces the exposure, thus the required Deposit and results in a payout.
The exposure calculation is dynamic and depends on the business.
Premium Risk Service
The alternative payout model for online payments is T+2. A Premium Risk Service fee applies to this model. The payout for a specific payment transaction will be performed two business days after the payment is captured/settled.
Benefits of Premium Risk Service with Apaleo
- Improved Cash Flow: Faster payouts mean your business can access funds sooner, leading to better cash flow management. This advantage is crucial for covering operational expenses, investing in growth opportunities, or handling unexpected costs without the prolonged wait associated with the standard payout period.
- No Deposit on Hold: Unlike traditional T+2 payout models that often involve deposits being held due to risk exposure, Apaleo's Premium Risk Service eliminates this hold. This means your funds are fully accessible as soon as they are paid out, offering you complete control over your finances.
- Reduced Financial Risk: The Premium Risk Service helps mitigate financial risks by providing quicker access to payments. This is particularly beneficial during peak seasons or when managing large transactions, ensuring liquidity is maintained when it’s needed most.
- Enhanced Financial Planning: With a faster and more predictable payout schedule, businesses can significantly improve their financial planning and forecasting. The absence of deposit holds coupled with quicker access to funds ensures more accurate budgeting and that your business is always prepared.
- Increased Flexibility: Apaleo's Premium Risk Service offers the flexibility to choose a payout schedule that best aligns with your financial needs and operational goals. The T+2 model, with its faster payout and absence of deposit holds, provides a tailored solution for businesses that prioritize both speed and efficiency in their financial operations.
T+11
This model is not available for new customers anymore. The payout for a specific payment transaction will be performed eleven business days after the payment is captured/settled.
Payout model for POS merchants
POS merchants have a T+2 payout model. The payout for a specific payment transaction will be performed two business days after the payment is captured/settled.
All options (COM & POS) have no deposit calculation resulting from risk exposure (resulting from prepayments, chargebacks and refunds).
This ensures a stable and predictable payout frequency of all captured/settled transactions.
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Apaleo Payment: Sales and payouts from payment transactions