The timing of Stripe Monthly Payouts vs. Stripe Daily Payouts
When you select a payout method, it doesn’t change how long it takes your balance to become available. However, it allows you to control how often your payouts occur. AGS and Stripe pay out funds from transactions captured 3 business days earlier.
For example, if your account operates on a daily payout schedule, it is not an instant payout. The daily payout is from the transactions captured 3 days earlier.
Weekends, holidays, and your accepting bank may vary the day the funds become available. Accepting banks may stack multiple daily transfers if transfers occur over a weekend or holiday.
How often are statements generated?
Transactions, patron sales, and AGS fees are tallied monthly. A statement is posted to your account overnight on the 1st of the month. This includes daily payouts.
How do I switch payout options?
Please
CLICK HERE to read how to switch payout options.