# Payout

> Payout — A payment processor's transfer to the merchant's bank: charges less refunds, chargebacks, fees and any reserve held. A net figure, booked gross through a clearing account.

Source: https://lopifi.com/glossary/payout
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is payout?** In accounting, payout means a payment processor's transfer to the merchant's bank: charges less refunds, chargebacks, fees and any reserve held. A net figure, booked gross through a clearing account.

## Also known as

- Processor payout

## Words this system refuses for it

- revenue
- deposit unqualified

- **Category:** Receivables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [payout-schedule](https://lopifi.com/md/components/payout-schedule)
- **Related:** clearing-account, account