# Withdrawal Flow

For platforms enabling withdrawals, Tylt streamlines the management of user funds, providing merchants with a reliable and efficient payout mechanism. Below are common industries where this flow is essential:

#### **Customer Balance Withdrawals**

* **iGaming**: Instant withdrawals are a game-changer in the fast-growing online gaming industry, where 55% of players are likely to switch platforms offering instant access to winnings. This feature helps retain players and boosts deposits.
* **Trading & Investing**: With nearly 50% of investors willing to switch to platforms offering instant withdrawals, providing fast payouts is crucial. Platforms offering real-time fund access are more likely to attract and retain users, especially Millennials, who expect seamless experiences.

**Payouts & Refunds**

* **Retail**: Fast refunds have become essential, with 81% of shoppers expecting refunds within a week. Quick refunds directly influence purchase decisions, especially for higher-ticket items, helping brands build loyalty.
* **Insurance**: Instant payouts give insurers a competitive edge, reducing manual reconciliation and enhancing customer satisfaction. Automating payouts minimizes errors and delivers faster settlements, improving client retention.

**Example Flow:**

1. **Customer Request**: A customer on the merchants platform requests to withdraw funds from their account.
2. **Merchant Action**: The merchant, who holds the customer's crypto funds in their Tylt account, initiates the payout using the [**Create Pay-Out Request API**](https://docs.tylt.money/tylt-cpg-crypto-payment-gateway/api-reference/make-crypto-payouts/creating-a-payout-request). The merchant provides the customer's withdrawal address and the amount to be sent.
3. **Payment Processing**: Tylt processes the payout by sending the specified amount of cryptocurrency to the customer's withdrawal address.
4. **Notification**: Once the payout is processed, Tylt sends a callback to the merchant’s system, providing key details such as the transaction status, currency, amount, and any applicable fees.
5. **Merchant Update**: Upon receiving the callback, the merchant updates the customer’s account balance, reflecting the withdrawn amount.
6. **Tracking**: The merchant can track and manage all payout-related information, including transaction details and account balances, via their Tylt account or through the [**Get Pay-Out Transaction Information AP**](https://docs.tylt.money/tylt-cpg-crypto-payment-gateway/api-reference/make-crypto-payouts/get-pay-out-transaction-information)**I**.