Payout model

The uP Payouts solution is built to accommodate the remittance payout model.

Remittance model

The Remittance model is best suited for payout use cases that require funds be sent directly to a recipient’s preferred transfer method (for example, directly to their bank account or alternative payment method) based on the payment instructions that you provide to the uP Platform. The Remittance model is designed for either one-time payouts, such as refunds, rewards, insurance claims, or it can also be used to provide recurring payouts (for example, commissions and seller fees).