Accept (payins)
- Payer: The person or organization paying you (for example a policyholder). Used to group payment activity and reporting.
- Payment request: An instruction to collect a specific amount; it moves through statuses until it succeeds, fails, or is canceled.
- Payment method: Saved or collected card or bank details used to charge a payer, without you storing sensitive data yourself.
For implementation details, see the Accept and Payment request lifecycle developer guides.
Disburse (payouts)
- Payee: Anyone you pay: agents, providers, members, vendors.
- Payout method: How that payee receives funds (bank account, card, or other local methods), validated for the destination country.
- Payout: A single outbound payment; batch payouts group many payouts for commissions or bulk runs.
See Sending your first payout for a Console-oriented walkthrough, and Batch payouts when your team needs the API-focused developer guide.
Treasury
- Treasury account: A balance in one currency used to fund payouts and receive transfers.
- Settlement account: Your external bank account linked to Acclaim for funding and withdrawals.
- Virtual account: Bank details that attribute inbound wires to a specific treasury account.
See Funding for developer-oriented funding flows.Last modified on August 31, 2026
