Automatic Profit Withdrawal

With this service, you can keep the balances of the transactional and operational accounts constantly updated in a transparent, fast, and secure manner, meeting all regulatory requirements.

How It Works

The BET platform notifies Paag at least every day through the report_financial_info endpoint, providing:

• Player balance
• Open bet balance
• Sum of the previous items (total balance)

The system calculates and automates the withdrawal of profits from the transactional account, ensuring that the balance is always aligned with the players’ balances and open bets.

For regulatory purposes, the open bets balance and players’ balance must be kept in transactional accounts. This ensures that the house maintains liquidity for current operations. This data must be sent to Paag.

Rules

• The automatic profit withdrawal frequency will be once per day at 6:00 a.m.
• Withdrawals occur only to the primary account registered during onboarding. In the event of an account switch, the profit withdrawal will not take place.

PROFIT = WALLET BALANCE − (OPEN BETS BALANCE + PLAYERS’ BALANCE)

Prerequisites

• This system can only be used if Paag is the only active payment gateway.
• The merchant can only enable the feature if it is integrated with the endpoint Report financial information
• The merchant must configure the minimum balance that must be maintained in each transactional account.
• Following the deduction of calculated profit, the wallet balance must not fall below the user-defined minimum balance. In other words, WALLET BALANCE − PROFIT must be greater than or equal to the MINIMUM BALANCE.

Configurations

This system is configurable and can be turned on or off directly in Paag's Payments Backoffice. Thus, you, as a BET client, can decide when to activate the synchronization service according to your needs.

Errors

• The active processor does not match the primary account (instability and fallback situation).
• Report data via endpoint was not sent or is inconsistent.
• No profit was generated for the day.
• The profit withdrawal would leave the account balance below the minimum balance manually defined by the user via the dashboard.