Payouts cover how funds are transferred onward to brands.
This is the outbound side of the payment model.
Payouts mean paying brands the amounts due to them once the relevant payment position has been established.
Within the Lexir model, payouts are based on payout reports from brands.
Payouts are made by bank transfer.
Once the relevant payout reporting has been provided by the brand, Lexir uses that basis to execute the payout by bank transfer.
This gives brands a defined route for receiving funds rather than relying on manual or ad hoc payout handling.
The payout process is shaped by:
the payout reports provided by the brand
the amounts due on that basis
payout execution by bank transfer
Last updated 1 month ago
