Step 6: Getting Paid

Congratulations! You've successfully set up your websites, price points, postbacks, and packages in the previous steps. Now it's time to configure your payouts to start receiving your earnings.

This document provides a step-by-step guide to setting up and managing your payouts in the Segpay Merchant Portal. We'll cover everything from adding your bank account information to understanding the payout schedule.

Here's what we'll cover:

1. Adding a Bank Account

To receive your payouts, you must first add a bank account to your merchant account. Here's how:

  1. Log into the Segpay Merchant Portal: https://mp.segpay.com

  2. Navigate to Payout Configuration: Go to Financial Details > Payout Configuration.

  3. Click "View or Add Banks": Scroll to the bottom of the page and click the View or Add Banks button.

  4. Click "Add Bank": Click to add your banking information.

  5. Provide Beneficiary/Bank Information: Fill out the form with your banking information and payout preferences.

    1. Beneficiary Name: Select the appropriate name from the list (if more than one).

    2. Beneficiary Country: Select the country.

    3. Currency: Select your preferred payout currency.

    4. Payment Method: Choose your preferred payment method.

    5. Bank Name (Required): Type the name of your bank.

    6. Bank Country: Select the country where your bank is located.

    7. Account (Required): Enter your bank account number.

    8. Routing/SWIFT (Required): Enter your routing number or SWIFT code.

  6. Save the Form: Scroll down and click the Save button.

  7. Receive Confirmation: You should see a message stating that the new bank was successfully added. You may also receive an email with the subject: Account change detected for account (xxxxx).

  8. Upload Bank Statement: Add a screenshot/image of your bank statement to the Documents section and click the Upload button. Make sure the statement shows the following information:

    • Beneficiary Name

    • Address

    • Date (statement must be within the past 6 months)

    • Account Number

  9. Note Options: If you choose, you have the option to View 'Bank Statement' for the statement just uploaded or Archive the statement if you need to upload a different screenshot.

  10. You're Done: No need to click the Save button; your statement is automatically saved to the system when you upload it.

    • Uploaded bank statements are sent to compliance@segpay.com for verification.

    • Verification may take 3 to 5 business days.

    • You'll receive a notification once the account is approved.

    • To stop payouts to a specific bank, change the "Pay Me" drop-down to "Hold Payment."

2. Viewing or Editing Bank Accounts

To view or edit or banking information:

  1. Log into the Segpay Merchant Portal:https://mp.segpay.com

  2. Navigate to Payout Configuration: Go to Financial Details > Payout Configuration.

  3. Click "View or Add Banks: Scroll to the bottom of the page and click the View or Add Banks button.

  4. Click "Edit": Look for the bank you want to change and click the Edit button.

  5. Make Changes and Save: Make the desired changes and click the Save button.

3. Configuring Your Payouts

Once you've added at least one bank to your merchant account, you can configure your payout preferences. Here's how:

  1. Log into the Segpay Merchant Portal: https://mp.segpay.com

  2. Navigate to Payout Configuration: Go to Financial Details > Payout Configuration.

  3. Provide Configuration Preferences:

    1. Select Currency: Choose your preferred payout currency.

    2. Select Day to be Paid: Choose when you want to receive your payouts. If you select "Hold Payment," funds are held in your account until you choose another option.

    3. Enter Balance Amount (Required): Enter a value of 125 or higher. When your balance is less than the entered amount, the funds are held in your account until the next payout day.

    4. Select Bank (Required): Choose the bank for your payout deposit. If this field is grayed-out, you will need to add a bank as described in Step 1: Adding a Bank.

  4. Set Up Alerts (optional): Check the E-mail box under "Send my Pay Alerts to" and enter your email address for each payout deposit made to your account.

  5. Click "Save Funds Configuration": To save your payout settings.

2024 Payout Schedule

Settlement Date Invoice Date Trans Payout Date
Tue, Jan 02, 2024 Dec 19 - Dec 25 Dec 12 - Dec 18
Tue, Jan 09, 2024 Dec 26 - Jan 01 Dec 19 - Dec 25
Tue, Jan 16, 2024 Jan 02 - Jan 08 Dec 26 - Jan 01
Tue, Jan 23, 2024 Jan 9 - Jan 15 Jan 02 - Jan 08
Tue, Jan 30, 2024 Jan 16 - Jan 22 Jan 09 - Jan 15
Tue, Feb 06, 2024 Jan 23 - Jan 29 Jan 16 - Jan 22
Tue, Feb 13, 2024 Jan 30 - Feb 05 Jan 23 - Jan 29
Tue, Feb 20, 2024 Feb 06 - Feb 12 Jan 30 - Feb 05
Tue, Feb 27, 2024 Feb 13 - Feb 19 Feb 06 - Feb 12
Tue, Mar 05, 2024 Feb 20 - Feb 26 Feb 13 - Feb 19
Tue, Mar 12, 2024 Feb 27 - Mar 04 Feb 20 - Feb 26
Tue, Mar 19, 2024 Mar 05 - Mar 11 Feb 27 - Mar 04
Tue, Mar 26, 2024 Mar 12 - Mar 18 Mar 05 - Mar 11
Tue, Apr 02, 2024 Mar 19 - Mar 25 Mar 12 - Mar 18
Tue, Apr 09, 2024 Mar 26 - Apr 01 Mar 19 - Mar 25
Tue, Apr 16, 2024 Apr 02 - Apr 08 Mar 26 - Apr 01
Tue, Apr 23, 2024 Apr 09 - Apr 15 Apr 02 - Apr 08
Tue, Apr 30, 2024 Apr 16 - Apr 22 Apr 09 - Apr 15
Tue, May 07, 2024 Apr 23 - Apr 29 Apr 16 - Apr 22
Tue, May 14, 2024 Apr 30 - May 06 Apr 23 - Apr 29
Tue, May 21, 2024 May 07 - May 13 Apr 30 - May 06
Tue, May 28, 2024 May 14 - May 20 May 07 - May 13
Tue, Jun 04, 2024 May 21 - May 27 May 14 - May 20
Tue, Jun 11, 2024 May 28 - June 03 May 21 - May 27
Tue, Jun 18, 2024 June 04 - June 10 May 28 - June 03
Tue, Jun 25, 2024 June 11 - June 17 June 04 - June 10
Tue, Jul 02, 2024 June 18 - June 24 June 11 - June 17
Tue, Jul 09, 2024 June 25 - July 01 June 18 - June 24
Tue, Jul 16, 2024 July 02 - July 08 June 25 - July 01
Tue, Jul 23, 2024 July 09 - July 15 July 02 - July 08
Tue, Jul 30, 2024 July 16 - July 22 July 09 - July 15
Tue, Aug 06, 2024 July 23 - July 29 July 16 - July 22
Tue, Aug 13, 2024 July 30 - Aug 05 July 23 - July 29
Tue, Aug 20, 2024 Aug 06 - Aug 12 July 30 - Aug 05
Tue, Aug 27, 2024 Aug 13 - Aug 19 Aug 06 - Aug 12
Tue, Sep 03, 2024 Aug 20 - Aug 26 Aug 13 - Aug 19
Tue, Sep 10, 2024 Aug 27 - Sept 02 Aug 20 - Aug 26
Tue, Sep 17, 2024 Sept 03 - Sept 09 Aug 27 - Sept 02
Tue, Sep 24, 2024 Sept 10 - Sept 16 Sept 03 - Sept 09
Tue, Oct 01, 2024 Sept 17 - Sept 23 Sept 10 - Sept 16
Tue, Oct 08, 2024 Sept 24 - Sept 30 Sept 17 - Sept 23
Tue, Oct 15, 2024 Oct 01 - Oct 07 Sept 24 - Sept 30
Tue, Oct 22, 2024 Oct 08 - Oct 14 Oct 01 - Oct 07
Tue, Oct 29, 2024 Oct 15 - Oct 21 Oct 08 - Oct 14
Tue, Nov 05, 2024 Oct 22 - Oct 28 Oct 15 - Oct 21
Tue, Nov 12, 2024 Oct 29 - Nov 04 Oct 22 - Oct 28
Tue, Nov 19, 2024 Nov 05 - Nov 11 Oct 29 - Nov 04
Tue, Nov 26, 2024 Nov 12 - Nov 18 Nov 05 - Nov 11
Tue, Dec 03, 2024 Nov 19 - Nov 25 Nov 12 - Nov 18
Tue, Dec 10, 2024 Nov 26 - Dec 02 Nov 19 - Nov 25
Tue, Dec 17, 2024 Dec 03 - Dec 09 Nov 26 - Dec 02
Tue, Dec 24, 2024 Dec 10 - Dec 16 Dec 03 - Dec 09
Tue, Dec 31, 2024 Dec 17 - Dec 23 Dec 10 - Dec 16
Tue, Jan 07, 2025 Jan 00 - Jan 00 Dec 17 - Dec 23

Need Help?

Need assistance or have questions about setting up your payouts? Email us at techsupport@segpay.com.