How long does it take for Stripe (Onespot Payments) to payout?

When using Stripe Connect, the time it takes for connected accounts to receive payouts depends on several factors, including whether it's the first payout, the account's country, industry risk level, and the chosen payout schedule.

✅ Summary

• First Payout: 7–14 days after the first successful payment.
• Subsequent Payouts: Follow the account's payout schedule, with funds typically becoming available 2 business days after the transaction.
• Bank Processing: May add 1–3 business days before funds appear in the bank account.
• Instant Payouts: Available within minutes for eligible accounts.

For the most accurate information, connected account holders should check their Stripe Dashboard for specific payout schedules and statuses.

⏱️ First Payout Timing

For newly connected accounts, Stripe typically imposes a 7-day waiting period after the first successful payment before initiating the first payout. This delay is a standard risk mitigation measure and cannot be waived. (Link)

In certain industries or countries, this initial delay can extend up to 14 days.

🔁 Subsequent Payouts

After the first payout, subsequent payouts follow the account's payout schedule. For U.S.-based accounts, the default payout speed is typically T+2, meaning funds become available for payout two business days after the transaction. (Link)

The actual time for funds to appear in the bank account can vary:

• Standard ACH transfers: 1–3 business days after initiation.
• Instant Payouts: Funds can arrive within minutes, available 24/7, including weekends and holidays, but eligibility criteria apply.

🏦 Bank Processing Times

Even after Stripe initiates a payout, the receiving bank may take additional time to process the deposit. While many banks post funds on the same day they are received, some may take 2–3 additional business days. Link

📅 Payout Schedule Options

Connected accounts can choose from various payout schedules:

• Daily
• Weekly
• Monthly
• Manual: Funds are held until the account holder initiates a payout.

The chosen schedule determines how frequently payouts are initiated, but the payout speed (e.g., T+2) dictates when funds from transactions become available for payout.