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Policy

Payout and settlement policy

When stores get paid, what is deducted, and what the statement shows.

Why we need it

Stores judge a channel by how reliably it pays. A written schedule also protects us from disputes.

What it must cover

  • 01Payout cycle and cut off
  • 02Deductions in order
  • 03Minimum payout and held amounts
  • 04Bank details verification
  • 05Statement format
  • 06Invoicing for link out commission

Rules it answers to

  • VAT Law, Decree Law No. 48 of 2018, and the National Bureau for Revenue guides
  • Central Bank of Bahrain rulebook, payment services and stored value

Still open

  • Cycle TBF
  • Whether funds are held by Machina+ or by the payment provider on our behalf

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This page holds the brief, not the document. When the document is written it replaces this page and the row in the directory turns green. Questions go to partners@machinaplus.com.