how payouts work

One booking, followed through the ledger.

A worked example with sandbox numbers. No money moves in the prototype.

01 · booking confirmed

€128.00 at 8%

booking value
€128.00
commission rate
8%
commission
€10.24

60% of €10.24 is €6.144. The operator gets €6.14; the network absorbs the rounding.

02 · partial refund

€64.00 refunded

booking value
€64.00
commission rate
8%
commission
€5.12

Hatched: commission reversed. 60% of €5.12 is €3.072, so €3.07 and €2.05.

Append-only, so the refund adds a line.

Nothing is edited. The second entry reverses part of the first.

seqentrycommissionoperatornetwork
1booking of €128.00 confirmed+10.24+6.14+4.10
2refund of €64.00−5.12−3.07−2.05
balance, EUR5.123.072.05

Paid when we are paid.

An agent’s share becomes payable once the 14-day holdback has passed and the partner has paid the network for that booking. smesh never holds travellers’ money.

Follow every state with get_conversions and get_earnings. See the docs.