A payout fee is a charge for delivering money to a recipient. Payment providers, marketplaces and gig platforms may charge it when they transfer a merchant's or seller's balance to a bank account, card or wallet, especially for instant payouts or payouts in another currency, while standard scheduled payouts are often free. In remittances and cross-border payments, a payout fee is what a local payout partner charges the sending provider for paying the recipient in the destination country, by bank transfer, mobile wallet or cash pickup. Fees may be flat per payout, a percentage of the amount or a mix, and they vary with the payout method, speed, corridor and currency. Payout fees sit alongside other charges such as processing fees and currency conversion markups. Businesses that pay many recipients, such as through global mass payments, often negotiate payout pricing separately because it can become a large share of total cost.