Quick Start

Every payout in Ottu follows a simple lifecycle:

• Source: The bank or wallet connected to Ottu. For more information, see Sources.

• Merchant Account: Your account associated with the defined source. For details, see Merchant Accounts.

• Beneficiary: The person or company receiving money. More information in Beneficiaries.

• Payout Intent: A request to pay a beneficiary. For full explanation, refer to Payout Intents.

• Approval Rules (Policies & Workflows): Optional checks before releasing money. See Policies and Workflows.

• Execution: The actual transfer of funds. More details in Executions.

Secure

Policies and approvals prevent mistakes.

Automated

Transfers may be scheduled or consolidated.

Scalable

Handle thousands of payouts every day.

Flexible

Supports multiple banks, accounts, and beneficiaries.

Steps to Create a Payout

1

Connect your bank as a Source.

Ottu Dashboard > Payout > Setup > Sources > + Create Source

2

Create a Merchant Account linked to configured source.

Ottu Dashboard > Payout > Setup > Merchant Account > + Create Merchant Account

3

Add Beneficiaries with their account details.

Ottu Dashboard > Payout > Beneficiaries > + Create Beneficiary

4

Create a Payout Intent (who to pay, how much, why).

Ottu Dashboard > Payout > Intents > + Create Intent

5

Approve the request if policies require it.

Ottu Dashboard > Payout > My Tasks

6

Execute the payout immediately or on a schedule.

Ottu Dashboard > Payout > Executions