To insult, to knock, to slather with insults. In common usage, at least in Australia.
I just got paid out by this fat cunt and I was pissed as shit bro.

Why would you pay out Transformers 2?
作者 Mozric 2009年6月28日
"Pay Out" is a term commonly used in nightclubs and bars that a patron and/or server uses to indicate that it's time for payment.

This is not to be confused with the term pay up, but it is similar to settle up and tab out.
Hey Bill, I'm gonna pay out after I have one more beer.
作者 Giskard 2004年8月10日
The money a prostitute has to pay her pimp each night. Mentioned in 'Whoop That Trick' by D'Jay.
Nigga, i ain't even made pay out yet.
作者 God of Technology 2007年8月10日
Cash; earnings.
I took his payout.
作者 CnClear 2011年1月15日
to make fun of someone, at times using their own posts/replies in a chat room and/or message board against them
Draccs: I am so fat
Faun: Dude shut up you fucking solar anus
Nyarl: haha fucking payed out:as
作者 heh 2003年3月24日
To insult, dis' or burn someone.
I waz paying him out about spewing from just one drink.
作者 Diego 2003年9月20日

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