Skip to main content

Overview

Roma Payouts empowers merchants to do payouts in both fiat and digital currencies, across countries and currencies with one single platform.

Payout flow​

Usually there are three broad steps in making a payout:

  1. Create Beneficiary
  2. Request for Quote
  3. Create Payout Session

Beneficiary​

A beneficiary is an individual or entity that receives funds through a payout. The beneficiary may be located in the same country as the sender or in a different country, and the funds may be transferred in a variety of currencies.

To receive funds as a payout beneficiary, it is typically necessary to provide certain information like the beneficiary's name, address, identification information, and banking information, such as the account number and routing information.

Quotes​

Quotes are estimates of the fees and exchange rates that will apply to a given payout transaction. Quotes are guaranteed for a certain time, so you can be confident the exchange rate is always guaranteed. These quotes are needed to execute a payout.