How do I get my payouts?
Your money is credited to your bank account in the form of payouts.
How quickly you receive a payout and the availability of the funds depends on numerous factors, including the industry and country you’re operating in, and the risks and regulations that govern that industry and country.
It usually takes 7-14 days after receiving your first successful payment. Subsequent payouts are then processed according to your account’s payout schedule. The default payout schedule in Stripe supported countries is daily automatic, and this can be modified through the Stripe dashboard. It may take 2-3 days to receive the money in your bank account, even if you have a daily schedule, as the payout speed depends on your bank's processing time too.
On the ChargeStripe App, you can view the payouts, total account balance, and the details of your in-transit payout to your bank on the 'Balance' menu option.
Payouts are automatic and follow the 2-day rolling period. There are no additional steps required to receive the money in the bank account. This waiting period can be up to 14 days for businesses in certain industries, and up to 30 days for countries like Brazil. This delay allows Stripe to mitigate some of the risks inherent in providing credit services.
In summary, Stripe would automatically take care of your payouts and would deliver them to your bank account safely.
If you have any additional questions, please email us at hello@chargestripe.com.