How Often Does Stripe Pay Out?

For business owners looking to maximize their revenue, understanding Stripe’s payout schedule is critical.

As a leading payment processor, Stripe facilitates frequent payouts with automated transfers and encourages business owners to keep track of when funds are available.

Learn what you need to know about Stripe’s payout schedule and how you can better plan for cash flow.

Understand Stripe’s Payout Schedules

Stripe’s payments are processed on a regular, automated schedule.

Depending on your Stripe plan, payouts can be made as soon as one business day after the charge is collected or up to seven business days after the charge is collected.

To review your specific timeline, consult your Stripe dashboard or contact Stripe Support.

Keep Note of Schedule Changes

While Stripe’s payout schedule is generally consistent, sometimes payouts can be delayed due to a holiday or other unexpected circumstances. It’s important to keep an eye out for emails from Stripe when payouts have been adjusted as this may affect when payments are deposited into your account. Additionally, never assume that payouts are processed on the same timeline each week as factors such as processing issues can cause delays.

Use Instant Deposit to Speed Up Timing

Instant Deposit is a Stripe feature that allows qualifying businesses to get payouts from Stripe even faster. This feature requires verification of the business’s identity before they can use it, and then the money will be deposited into their bank account typically in just two hours. With instant deposits, companies can receive payments up to seven days sooner than with standard payout timings which can be extremely helpful during crunch times or when you need to receive money quickly.

Take Tipping into Account for Hourly-Paid Employees and Freelancers

If you’re paying your hourly employees or freelancers by the hour and they accept tips, these should be considered when determining the payout timing. For example, if you pay out their base wages every two weeks, they should receive tip payments sooner than that so they can take advantage of any income opportunities. Stripe’s Instant Deposit option may come in handy here as it allows businesses to receive funds much faster. This could greatly benefit companies depending on how often and how large tips are given out.

Utilize ACH Payments for Quicker Processing Times

Utilizing ACH payments is another way to ensure that your payouts are processed quickly and smoothly with Stripe. Automated Clearing House (ACH) transfers occur when you link your bank account directly to Stripe, enabling the money to be transferred almost instantaneously. This seamless payment method can be a great help for speedier payout times for businesses that require quick payments from their customers.