Withdrawal Schedule Details
The Withdrawal Schedule details section contains the following editable information about the withdrawal:
Withdrawal Schedule Details Field Name | |
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Withdrawal Schedule Details Field Name | |
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ID | The Payrix-generated ID associated with the recurring withdrawal. |
Created | The date that the withdrawal schedule was created. |
Entity | The entity associated with the account that the withdrawal is made from. |
Login ID | The Payrix-generated ID used by the merchant to log in to the portal. |
Login Name | The name associated with the merchant account. |
Withdrawal Flow | Indicates whether the withdrawal schedule affects multiple merchants. |
Account Token | The cryptographically-generated token representing the payment method used to fund the scheduled withdrawal. |
Name | The name associated with the account that the withdrawal occurs from. |
Status | The status of the withdrawal schedule: Active or Inactive. |
Secondary Descriptor | A custom descriptor that appears on a merchant disbursement. Note that a secondary descriptor will append to merchant payout for disbursements. If a secondary descriptor is set on the Merchant Entity, this setting will override what is sent on disbursements associated with this withdrawal. |
Skip Weekends/Holidays | Select the box in this field to skip withdrawals on weekends and bank holidays. Any skipped withdrawal will then occur on the next non-holiday business day. |
Amount | The amount of the withdrawal. |
Amount Type | The type of withdrawal: Actual, Percentage, or Negative Percentage. |
Currency | The currency that is used in the withdrawal transaction. |
Schedule Factor | The frequency of the scheduled withdrawal. |
Schedule | The payment schedule for the withdrawal schedule. |
Start Date | The date that the withdrawal schedule began. |
Description | A description of the withdrawal, entered by the referrer. |
Billing | The billing entry associated with the withdrawal schedule. |
Minimum | Enter the minimum dollar amount in the Merchant’s available balance in order for a payout to trigger. If a Merchant’s available balance is below this amount the withdrawal will not trigger until the balance returns to the minimum amount required. Note that overriding the Minimum setting may result in a overdraft. |
Maximum | An optional maximum amount of a withdrawal. |
Float | The dollar amount that will be withheld from the Referrer's payout. |
Withdrawal Schedule Details Actions
To edit the Withdrawal Schedule Details section, click the PENCIL icon in the upper right hand corner of the of the page. Edit information related to the withdrawal, and then click the CHECK MARK icon to save your changes or click the X icon to discard changes.
