Your Stripe Payout is broken down like this (Card Sales + Bill Payments - Card Fees - Refunds = Payout)
Stripe offers three options both with their own pros and cons! Pros usually mean you get your money faster, con is it’s gonna cost you more on card fees!
One thing to note is the schedule is based on business days M-F and will not be deposited on major holidays!
Payout Schedule | Rate | Example: |
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T+0* - Instant ⚡ | (Current Card Fee + 30) + .5% | |
Ex: 4.00% = 4**.50% +30** | T+0 means = Same business day* | |
Ex. 1/5/2025 deposited on 1/5/2025 | ||
T+1 🐇 | (Current Card Fee + 30) + .1% | |
Ex: 4.00% = 4.10% +30 | Transaction Date = +1 business day | |
Ex: 1/5/2025 deposited on 1/6/2025 | ||
T+2 (Default) 🐢 | (Current Card Fee + 30) | |
Ex: 4.00% +30 | Transaction Date = +2 business days | |
Ex: 1/5/2025 deposited on 1/7/2025 |
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There is a cutoff period for this to be deposited on the same day.
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Some of our clients opt into this because it provides a level of assurance that their funds are not going to be challenged by the cardholder.
Fraud Protection 🕵️♂️ | (Current Card Fee + 30) + .4% Ex: 4.00% = 4.40% +30 | More details soon! |
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Check out this Stripe Page and check if your bank is on the list below for Accounts