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    Pay-in refers to the process where funds are deposited or transferred into an account, such as when investors buy shares and the money is moved to the seller's account. The pay-in date is when shares are transferred to the custodian or broker after a sale. Conversely, payout is the distribution of funds from an account, such as when shares are transferred to the buyer's account after a purchase, known as the pay-out date. In the context of payment processing, pay-ins and payouts refer to the movement of money from customers to vendors through a payment platform. Overall, these terms are essential in understanding financial transactions and account management.
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