Stripe | Payments and Payouts Scenarios
For the first payout to a new enrolled account, it would be 7 Days (approval process). After that, payouts are set for Automatic – Every Day.
This is a real scenario of how the payments and payouts work:
First Payout
Let’s say your initial transaction (charge a client CC) will be on a Thursday.
The first Payout will be initiated within 7 days from that date, meaning on Wednesday next week.
This first Payout will include ALL payments processed during the 7 days.
Payments & Payouts Set for Automatic – Every Day
After the initial verification process, if you have any payments, the payouts will be sent automatic, every day. See the example below.
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