Overview
Leatherback Pay out platform avails merchant to send money across different countries and different currencies. This Funds transfer can be done to a single recipient or multiple recipients (Bulk) , locally or internationally. This also support cross-currency transactions (SendR). To perform Cross-currency transactions, Read more on SendR
Leatherback Payout Account
During Merchant onboarding process, the Leatherback platform automatically creates a payout account for a merchant profile in the currency of his country of incorporation /residence by default. However, Merchant may go to the Global Payout Menu to Request for additional Payout Accounts in other currencies different from the default Currency. E.g As a Merchant, if your country of Incorporation as a Business is United Kingdom (UK), Your default Payout Account Currency will be GBP (Great Britain Pounds). This additional Request of accounts is subject to approval and also some supporting documents needs to be made available by the Merchants.
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