Payouts - Overview
Get your funds from credit card sales through payouts.
When you accept card transactions at your shop, the funds generated from these sales are processed and subsequently transferred to your company's designated bank account through a payout.
Payout Timeline
Payouts from your credit card sales will land in your bank account after 1 processing business day and however many days your individual bank takes to process the money.
Sales ticket periods eligible for payouts span from 7 PM ET (UTC midnight) one day to 7 PM ET (UTC midnight) the following day. For instance, if a coffee purchase is made on a Tuesday at 3 PM ET, the funds from this sale will undergo processing on Wednesday and then be paid out by Dripos on Thursday.
Keep in mind that payout funds may take longer to land in your bank account depending on your specific bank account's processing timeline.
Payout Fee
Every payout incurs a payout fee, which is calculated at a rate of 0.25% of the total payout amount.