Payout Fund Transfer Flow

disbursement steps description {{merchant}} requests data by using registration {{api}} to {{nicepay}} {{nicepay}} collects {{the}} data {{nicepay}} generates {{the}} txid {{nicepay}} sends {{the}} response in {{the}} form of txid to {{merchant}} {{merchant}} saves {{the}} txid {{nicepay}} requests {{the}} account to {{the}} {{bank}} {{bank}} performs account validation {{bank}} sends {{the}} response to {{nicepay}} {{nicepay}} saves {{the}} response {{merchant}} sends data that need approval using approve {{api}} to {{nicepay}} {{nicepay}} collects {{the}} requested data {{nicepay}} sends {{the}} response as processing to {{merchant}} {{nicepay}} sends {{the}} batch {{process}} to {{bank}} {{bank}} performs {{the}} {{bank}} process payroll {{bank}} sends {{the}} data response to {{nicepay}} {{nicepay}} receives {{the}} response {{nicepay}} sends {{the}} notification message to {{merchant}} {{merchant}} requests data check {{status}} to {{nicepay}} {{nicepay}} sends check {{status}} to {{bank}} {{bank}} performs {{the}} checking {{process}} {{bank}} sends {{the}} response data to {{nicepay}} {{nicepay}} sends {{the}} response data to {{merchant}} {{merchant}} performs {{status}} validation cashout steps description the {{customer}} does {{checkout}} to {{merchant}} {{merchant}} requests {{transaction}} registration to {{nicepay}} {{nicepay}} validates to check {{balance}} {{nicepay}} creates txid and charge {{balance}} {{nicepay}} sends response to {{merchant}} {{merchant}} receive response the {{customer}} request {{transaction}} approval to {{merchant}} {{merchant}} approve {{transaction}} to {{nicepay}} {{nicepay}} checks {{balance}} and generates token {{nicepay}} sends response to {{merchant}} {{merchant}} displays token to {{the}} {{customer}} the {{customer}} sends token to cvs cashier cvs cashier inputs token cvs requests {{cashout}} to {{nicepay}} {{nicepay}} validates token {{nicepay}} sends response to cvs cvs sends response cvs sends money to {{the}} {{customer}} the {{customer}} receives money cvs sends {{notification}} to {{nicepay}} {{nicepay}} validates {{process}} {{nicepay}} checks and updates {{status}} {{nicepay}} sends {{notification}} to {{merchant}} {{merchant}} receives {{notification}} see also {{visit}} {{the}} payout method {{page}} to find out {{the}} fund sending method available on {{payout}} {{visit}} {{the}} payout integration & testing {{page}} to find out how to perform {{integration}} and {{testing}} of {{the}} {{nicepay}} {{payout}} {{system}}