Payouts

A payout is when funds are sent from a merchant’s Orbital account to a receiver’s external wallet or bank account.

• Supported cryptocurrencies: USDT*, USDC, ETH, BTC, LTC, BCH
• Supported fiat currencies: USD, GBP, EUR

Payouts can involve:

• Fiat-to-crypto conversion (e.g., USD to USDT)
• Crypto-to-crypto conversion (e.g., USDT* to ETH)

What to Know

• Destination Address
  Every payout must include a valid wallet address on the supported blockchain network.

• Fee Handling
  By default, the merchant pays the network fee, however you can shift the fee to the receiver by setting feeCoverage = true.

• Travel Rule Requirements
  Depending on the regulated entity (PPAS or PPDL) and the recipient type (individual or corporate), additional identification data must be provided. Payouts will be blocked if required Travel Rule fields are missing or incomplete.

• Status & Lifecycle
  Once submitted, payouts move through various statuses. These are surfaced via webhook events and API polling.

*Supported Assets and Jurisdictional Restrictions. The assets, networks and transaction types described in this documentation represent technical capabilities of the Orbital Platform and are not necessarily available through every Orbital service provider or to every customer. USDT-related functionality is not available through Orbital’s EU-regulated crypto-asset service providers. Access to supported assets and transaction types is determined by the customer’s contracting entity, jurisdiction and applicable regulatory requirements. API access and technical support for an asset do not constitute confirmation that the relevant service is legally available to a particular customer.