How to Set your Stripe Payout Schedule

Your payout schedule controls when Stripe deposits collected payments into your bank account. It is recommended to set payouts to automatic daily deposits for consistent cash flow.

1. Go to Balances in Stripe

• Log into Stripe

• Click Balances on the homepage

• Click Manage Payouts (top left)

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2. Open the payout schedule settings

• Select your balance account

• Click Manage Payout Schedule

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3. Change from Manual to Automatic

• If set to Manual, change it to Automatic

• Select your payout frequency

Recommended setting:

• Daily payouts

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4. Understand the 2-Day Payout Timing
Stripe typically uses a 2-day payout system.

Example:

• Monday payment → Deposited Wednesday

• Tuesday payment → Deposited Thursday

• Wednesday payment → Deposited Friday

• Thursday payment → Deposited Monday

• Friday payment → Deposited Tuesday

• EXCEPTION: Holidays do not count....if Monday is President's Day then Thur payments will Deposit on Tuesday.

This applies as long as daily payouts are selected.

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5. Save your payout schedule

• Confirm frequency is set to Daily

• Click Save

Your funds will now automatically deposit into your connected bank account based on the selected schedule.