Payouts
Overview
Send payments locally and globally through Finmo’s bank rail integrations. The PAYOUT infrastructure is designed to offer businesses fast, reliable disbursement options across multiple countries while maintaining complete visibility into the payout status and lifecycle.
Payables Dashboard – Unified View of All Outgoing Transactions
From this dashboard, you can easily toggle between:
- Payouts (single transfers)
- Bulk Payouts (mass disbursements)
- Beneficiaries (recipient management)
Supported Countries
Finmo supports payouts across 30+ countries via local and cross-border payment methods. For a detailed list of supported payout rails and settlement timelines, refer to the Payout API docs.
PAYOUT Models
| Model | Description |
|---|---|
| Payout Locally | Funds are sent and received within the same country and currency |
| Payout Globally | Funds are sent domestically and settled into a different country/currency (e.g., USD) |
| Wallet-Based Payouts | Payouts are made from a prefunded Finmo wallet balance |
Payout SS
Payout Statuses
Detail the key status changes in a Payout transaction.
| Status | Description |
|---|---|
| CREATED | Payout has been created but not yet processed |
| PENDING | Payout is being processed through the banking/payment network |
| COMPLETED | Funds have been successfully disbursed to the recipient |
| FAILED | Payout processing failed; failure reason available |
| CANCELLED | Payout was cancelled before being processed |
| PENDING_RETRY | Temporary failure occurred; payout will be retried automatically or manually |
Information
In case of a failed payout, Finmo automatically initiates a reversal or refund to the business’s source wallet. If the network or bank does not support automatic reversals, the payout needs to be manually managed based on the failure reason provided.
Domestic Payout
Create a Domestic Payout
International Payout
Create an International Payout
Updated 3 months ago