Overview

Withdrawals, also called Payouts, are outbound fund transfers from your merchant account to any bank account, mobile money wallet, crypto wallet or even another Shutterscore merchant wallet.

When a withdrawal request is triggered through an API request, Shutterscore will directly disburse from your positive balance, and notify your application via an API callback when the disbursement has been completed.

You can easily create and manage your withdrawals directly from your dashboard or through Shutterscore’s Transaction API.

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Note

Before making a payout, ensure that you have,

1. Funds in your Shutterscore merchant balance and that the currencies have been enabled for you.
2. The recipient's or beneficiary's account details – account number, bank name, e.t.c.

Please contact Support if you need any help.

Payouts on Shutterscore are secure, and many merchants prefer them for the following reasons:

• Detailed records — Your complete payout history is always readily available, and you receive notifications when your payments are updated. You can also download your transaction history for your accounting purposes.

• Reduced risk — Shutterscore’s risk and compliance controls help protect you against fraud.

• Flexible integration — Integrating the Payout API is super simple and straightforward.
  
  

How Shutterscore Withdrawal Works

The way a withdrawal works on Shutterscore is influenced by the type of withdrawal being executed. Shutterscore supports Direct Currency Withdrawal and Cross Currency Withdrawal. Follow the links below to learn more about how they work.

• Direct Currency Withdrawal
• Cross Currency Withdrawal