When a new business entity takes over an existing Booking & Payments location, it may be necessary to update the business details and payout bank account associated with the existing Adyen payment configuration.

It is no longer necessary to create a new Adyen payment configuration in these circumstances. Instead, the new owner can update the existing configuration by following these steps:

1. Log in to the Portal
2. Navigate to Booking & Payments in the left hand side navigation menu
3. In the Admin Panel, navigate to "Settings" > "Payment".
   
   
    
4. Scroll down to the bottom of the page and click "Modify Account".
5. Update the business details and payout bank account information as required.
6. Submit the changes for verification and approval by Adyen.

This process allows the existing payment configuration to remain in place while ensuring that the account details accurately reflect the new business owner, and will therefore not affect Payouts per Trade Summaries.