Basic Concepts¶
Here is a list of terms we use and their definitions on payouts.
| Definition | Description |
|---|---|
| Payout | refers to the financial return or monetary disbursement of investment or annuity. |
| Payout Point | An aggregation entity that sets a configuration for processing a payout request through links to the exchange rate scheme and the routing scheme that are set for it. |
| Payout request | Operation for abstraction from route and payout. Allows dynamic routing and failover for payouts. |
| Payout Request Event | Event log for a specific request for payout. Gives detailed information about the process for requesting payout. |
| Payout Routing Scheme | Aggregation entity responsible for routing configuration. Consists of a set of routing rules for each payout method |
| Payout Routing Rule | Route processing rule for the payout method currency. Sets the route processing strategy and the conditions under which this strategy will be active. |