How to Setup Stripe Instant Payouts
If your Stan Store is connected to a Stripe Custom account for direct deposits, you might be eligible for Instant Payouts! 💸 Once enabled, this feature allows you to access your funds immediately after a sale.
🚨 Heads Up!
- Meeting the requirements does not guarantee that Instant Payouts will be enabled. Stripe manages this feature and reserves the right to deny Instant Payout access to any store.
- Instant Payouts are currently only available in the United States, Canada, United Kingdom, Singapore, Australia, European Union, Norway, and New Zealand.
How to Enable Instant Payouts in Your Store
There are 3 requirements that must be met before you can start using Instant Payouts:
- Your Stan account must be active for a minimum of 30 days.
- The bank account that is connected to your Stripe Custom account must be Instant Eligible (see below).
- You must have already cashed out a minimum of $2,000 USD using the regular cash out method.
Once you have fulfilled all 3 requirements, you'll be able to view the Stripe Instant Payouts toggle from your Settings > Payments tab.
Once toggled on, you will start receiving your payouts instantly going forward! 🎉
How to Determine if your Payout Account is Instant Eligible
You must have an eligible payout account to receive Instant Payouts. You can follow this link to determine if your bank account or bank card is currently supported. Be sure to use the dropdown menu first to select your country!
