What is a payout?
In the context of affiliate programs, a payout refers to an expected financial return provided for affiliates on a periodic basis. The payout is accumulated from commissions received by an affiliate for all the purchases within the related affiliate campaign.
Can I generate payout from within Magento?
Note that Magento just keeps a record of all the affiliate payouts. The earned money is transferred to affiliate accounts only through third-party payment gateways (PayPal, etc.).
How and when payouts are generated?
An admin can schedule automatic payout generation for all affiliates once in a period. Alternatively, the admin can manually give payouts by configuring the corresponding option in the extension settings. Provided that the affiliates' balance has the required balance, money will be transferred to their accounts through the appropriate payment gateway (not through Magento).