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What is payouts

Payouts show how and when collected payments are settled into your bank account.

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Written by Sumit Kapoor
Updated over 3 months ago

Introduction

Payouts in Lynk represent the final step of the payment lifecycle—when the money paid by students is transferred to your registered bank account.

While payments are collected instantly from students, payouts follow a scheduled settlement cycle (T+1). This ensures all successful collections for a day are consolidated, processed, and deposited together in a predictable manner.

The Payouts tab gives you complete visibility into:

  • What amount is scheduled for settlement

  • When it will be processed

  • When it is deposited into your bank account

How Payouts Work in Lynk (T+1 Cycle)

Lynk follows a T+1 payout model, meaning payments collected on Day T are settled on Day T+1.

Daily Cut-off Rule

  • All student payments successfully paid before 12:00 AM (midnight) are considered for the next day’s payout.

  • Payments made after midnight roll into the following payout cycle.


Payout Lifecycle at a Glance

Every payout in Lynk moves through a fixed lifecycle before reaching your bank account. This lifecycle is reflected through different payout states in the app.

Step 1: Payout Calculating

Between 12:00 AM and 9:00 AM, Lynk:

  • Aggregates all eligible payments

  • Applies gateway fee adjustments

  • Calculates the final payout amount for the day

During this phase, the payout amount is not yet finalized.


Step 2: Scheduled for Today’s Payout

From 9:00 AM onwards, Lynk displays the payout status for the day:

  • If there is a payable amount, it is shown as Scheduled for today’s payout

  • If no payments were collected, the payout shows ₹0 for the day

This step confirms whether a payout will be processed.


Step 3: Deposited

For non-zero payouts:

  • Lynk initiates the bank transfer at 6:00 PM via NEFT

  • The payout status updates to Deposited

  • The amount typically reflects in your bank within 2–3 hours

Once deposited, the payout cycle is complete.


What the Payout Amount Includes

Each payout amount represents:

  • Total payments successfully paid by students

  • Minus applicable gateway fees (if absorbed by you)

  • Adjusted for any failed or reversed transactions

The payout always reflects the net amount you receive, not the gross amount paid by students.


Viewing Payout History

From the Payments → Payouts tab, you can:

  • View today’s payout status

  • Review past payouts with their settlement status

  • Identify successful and failed payouts separately

Each payout entry acts as a record of what was transferred to your bank on that day.


Conclusion

Payouts in Lynk provide a clear, predictable settlement flow—collect payments today, see them calculated overnight, and receive them in your bank the next working day. With defined states and transparent timelines, you always know what’s coming, what’s processing, and what’s already deposited.

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