Is Payout limited to CNY disbursements?
No. Payout supports direct-to-wallet crypto, multi-currency fiat (e.g. USD, HKD, EUR, JPY, CAD), and local channels by beneficiary location. CNY bank/Alipay is one China-market channel example.
Does Payout include WeChat disbursements?
No. Public CNY local-channel boundaries in China are bank and Alipay, excluding WeChat.
What is the difference between settlement and Payout?
Settlement converts merchant crypto to fiat at scale or retains crypto; Payout executes mid-size disbursements to external beneficiaries via crypto wallets, multi-currency fiat, and local channels. See multi-currency settlement page。
Can I enable Payout only, without settlement?
Onboard in phases. Many merchants enable multi-channel collection first, then apply for Payout or settlement as needed.