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International Payout Schedule

This guide explains the payout schedule for our customers in the UK, Ireland, and Canada, which went into effect on March 31, 2023.

Written by Agent Support Bot

International Payout Schedule Overview

Once a customer's payment is approved, you will receive the funds in your bank account within one business day of your daily transaction cutoff time.

This timing applies to all major credit card payments we process for you, including Visa, Mastercard, Discover, American Express, and Interac.

We deposit your funds into your bank account every morning at 8:00 a.m. local time.

This deposit includes all sales processed before the daily cutoff time of 3:00 a.m. local time. Any sales you make after 3:00 a.m. will be included in the next day's deposit.

For example: If you're open late on a Tuesday, all sales you make until 3:00 a.m. early Wednesday morning will be in your 8:00 a.m. Wednesday deposit. Any sales made after 3:00 a.m. on Wednesday will be included in your Thursday morning deposit.

Canada

We know that understanding when you'll get paid is crucial for your business. Here is a guide to your daily payout schedule.

Daily Payout Timeline

  • Transaction Cutoff: Your daily sales are finalized at 2:00 a.m. Eastern Time (11:00 p.m. Pacific Time). All transactions made before this cutoff are included in the same day's deposit.

  • Deposit Time: Funds are typically deposited into your bank account that same afternoon, usually around 3:00 p.m. Eastern Time (12:00 p.m. Pacific Time).

Note: The exact time of your deposit may vary slightly depending on your bank's processing speed.

For example:

Imagine your restaurant in Toronto is open late on a Tuesday night.

  • All sales you make until the 2:00 a.m. cutoff on early Wednesday morning will be included in your deposit on Wednesday afternoon.

  • Any sales made after 2:00 a.m. will be part of Thursday afternoon's deposit.

Note: Bank holidays will delay your deposit by one business day. For example, if a holiday falls on a Monday, payouts from Friday, Saturday, and Sunday will be deposited on Tuesday.

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