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Payout from your Wallet

Payout from your Wallet using your connected bank account or another account's Wallet.

Standard ACH​

To initiate a Standard ACH payout from your Wallet to your connected bank account, click on the Payout button in your Wallet card.

  • Recipient Type: Type of the recipient of the transfer. Choose Myself.

  • Transfer Type: Type of the transfer you wish to initiate. Choose Standard ACH.

  • Bank Account: Choose one of your connected bank accounts as the receiver of the transfer.

  • Amount: Amount of the transfer you wish to initiate.

  • Description: Description of the given Standard ACH Transfer.

Wallet Standard ACH

Same Day ACH​

To initiate a Same Day ACH payout from your Wallet to your connected bank account, click on the Payout button in your Wallet card.

  • Recipient Type: Type of the recipient of the transfer. Choose Myself.

  • Transfer Type: Type of the transfer you wish to initiate. Choose Same Day ACH.

  • Bank Account: Choose one of your connected bank accounts as the receiver of the transfer.

  • Amount: Amount of the transfer you wish to initiate.

  • Description: Description of the given Same Day ACH Transfer.

Wallet Same Day ACH

Real-time Payment​

To initiate a Real-time payment from your Wallet to your connected bank account, click on the Payout button in your Wallet card.

  • Recipient Type: Type of the recipient of the transfer. Choose Myself.

  • Transfer Type: Type of the transfer you wish to initiate. Choose Real-time Payment.

  • Bank Account: Choose one of your connected bank accounts as the receiver of the transfer.

  • Amount: Amount of the transfer you wish to initiate.

  • Description: Description of the given Real-time Payment.

Wallet Real-time Payment

Wallet-to-wallet​

Wallet-to-wallet transfers are transfers sent between ReverePay Wallets.

To initiate a wallet-to-wallet transfer from your Wallet to another Wallet, click on the Payout button in your Wallet card.

  • Recipient Type: Type of the recipient of the transfer. Choose Someone else.

  • Recipients: Number of recipients of the transfer. It can be Single Recipient or Multiple Recipients.

  • Recipient: Recipient of the transfer. Only visible in case of Single Recipient transfers.

  • Main Recipient: Main recipient of the transfer. Only visible in case of Multiple Recipient transfers.

  • Commission Recipient: Commission recipient of the transfer. Only visible in case of Multiple Recipient transfers.

  • Amount: Amount of the Wallet-to-wallet transfer.

  • Commission Percentage: The percentage paid out as a commission to the commission recipient. Only visible in case of Multiple Recipient transfers.

  • Description: Description of the given Wallet-to-wallet transfer.

Wallet to Wallet transfer