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Payin

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What is a payin?

A payin is the process of receiving payments or funds into a specific account, usually in the context of online platforms, digital wallets or marketplaces. The term refers to the flow of money from the customer’s or user’s account into the account of a merchant, service provider or intermediary platform.

How does a payin work?

A payin allows payments to be transferred quickly and securely. For example, when a customer makes a purchase on a marketplace, the money moves from their bank account to the seller’s account through a payin process.

What is the difference between a payin and a payout?

Understanding the difference between these two concepts is essential to correctly manage payment flows in digital environments.

A payin refers to incoming funds, while a payout refers to outgoing funds from the platform to a user or provider.

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