Bill payout

Bill payout (mid/small):Pay suppliers and partnersReference IDs avoid duplicates

Bill payout is not large-value settlement — it is mid/small outbound payment to end payees: direct cryptocurrency to wallets, plus multi-currency fiat (USD, HKD, EUR, JPY, CAD and similar) and local channels based on payee location and review outcomes. For the China market, CNY bank and Alipay channels may be enabled subject to review (WeChat excluded). Suited to affiliate, creator, supplier share-outs, refunds, commissions and similar.

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Hands stamping a bill — bill payout; blue hand-drawn illustration
辦公桌上整理帳單與交易文件的工作情境
BILL PAYOUT

Align payee and reference ID before payout

Without a stable reference ID, failed retries most easily become duplicate payments and a reconciliation black hole.

  • Each payout binds a non-reusable merchant reference ID.
  • Failure reasons are queryable and retryable; retries reuse the same reference key.
  • For batch scenarios, define how partial success is written back and manually reviewed.
Payout paths

Payout methods

Supported currencies, networks, countries/regions and channels depend on merchant review and partner rules.

Direct cryptocurrency to wallet

Disburse to a specified wallet address — suited to crypto-native payees and overseas partners; supports single, batch and API, with trackable status and failure reasons.

Multi-currency fiat payout

By payee location, pay out via local banks or partner channels to accounts in the designated currency; rates, fees and timing follow the formal quote.

Local-channel payout

Enable local payment methods by payee location. For China, CNY bank and Alipay channels may be enabled (WeChat excluded); high-frequency payout needs risk controls confirmed first.

Settlement vs bill payout

Use the same table to see the differences, then decide onboarding order.

Settlement vs bill payout
② Settlement③ Bill payout
PurposeMerchant converts own cryptocurrency to fiat or retains cryptocurrencyOutbound payment to affiliates, creators, suppliers and similar
Amount profileTypically larger; treasury-style FXTypically smaller; can be high-frequency, multi-ticket
Typical directionCryptocurrency → USD/HKD/EUR/JPY/CAD, or retain cryptocurrencyCrypto wallets; multi-currency fiat; local channels by market (including CNY and similar)
Review focusSource of funds, contracts, large-value usePayee type, payout purpose, frequency and limits

Understand first, then start.

On scope, settlement vs payout, and what to prepare before onboarding.

Is bill payout only CNY?

No. It supports direct cryptocurrency to wallet, multi-currency fiat, and local channels enabled by payee location. For China, CNY bank and Alipay channels may be enabled subject to review.

Does bill payout include WeChat payout?

No. The published boundary for CNY local channels in China is bank and Alipay — WeChat is excluded.

How do settlement and bill payout differ?

Settlement is large-value conversion or retention of cryptocurrency by the merchant; bill payout is mid/small outbound payment to external payees.

Can I enable bill payout only, without settlement?

Yes — onboard in stages. Many merchants enable multi-channel collection first, then apply for bill payout or settlement as needed.

Merchant enquiry

Ready to enquire? Bring the basics in one go

Company, region, use case and expected scale — clearer notes get faster replies.IDs can follow the review checklist later; copies are not needed on first contact.

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