Payout Schedule
When does the money show up in my bank account?
Chloe Hill-Huse
Last Update há 2 anos
As you know, we have partnered with STRIPE as our merchant bank to safety handle all financial transactions between your customers and you via the PlayyOn Platform.
A common question is when will I see the money in my bank account?
Here is some information on Stripe's Payout Schedule:
By default, Stripe automatically creates payouts of your available account balance based on the schedule specified in the STRIPE Dashboard. The schedule used is dependent on your country and whether your business operates in a higher-risk industry.
When a payment is first received, it is initially reflected as a pending balance (less any Stripe fees). This balance becomes available according to your payout schedule. For instance, it takes seven days from a payment being received to it being paid out for Stripe accounts on a 7-day rolling schedule.
Most banks deposit payouts into your bank account as soon as they are received, though some may take a few extra days to make them available.
Link to more information on this can be found on the STRIPE website: https://stripe.com/docs/payouts#payout-schedule