Machina+Partners
For storesPlaceholder
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
Placeholder
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.