Adyen will start consolidating fund payouts to merchants U.S. bank accounts into a single payable batch per payout cycle as of May 4th, 2022.
Below you will find the some of the most frequently asked questions that you may have regarding this change.
How is this different from the current set-up?
Currently multiple payable batches are generated for each payout cycle. This usually requires additional steps to ensure funds are successfully reconciled. As of May 4th, only one batch and one payout will be triggered.
Will this impact the automatic retrieval of the settlement details report?
Only if your reconciliation process verifies the amount of reports generated on each payout cycle. As of May 4th, the amount of reports generated will be reduced to only one report per cycle.
If you are unsure if this change could affect your internal processes, please verify with your technical team if any changes are required on your side of the integration.
How will this affect my payouts?
The amount of payout you receive from Adyen will decrease to only one per payout cycle. Additionally, the payouts will only be generated from Adyen’s ‘Wells Fargo’ bank account. As of May 4th, no more payouts will be generated from Adyen’s bank account with ‘Bank of America’ or ‘Deutsche Bank’.
Will this change my payout schedules?
No, this change will not impact your payout schedule.
Will this change have any impact on my authorization rates?
No, this change will not influence authorization rates.
Where can I find help if needed?
In case further help is needed, please visit support.adyen.com