What (and to whom) are the fees for using Payouts?

mking3
New Community Member

Hi there- I am going to be using the @Payouts feature soon and I am wondering about the associated @fees. When using Payouts, do the recipients incur any fee? Is there a difference in fees for Payouts versus regular payments, and when/to whom is that charged? 

 

For example, if I'm paying 50 people about $5-10 each (say $350 total), do the recipients receive their exact dollar amount, and how much would the seller be charged per Payout transaction? 

 

Thank you so much!!

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