This payouts schedule is for merchants on App version 1.3.0 and above. For payouts schedule for app versions before 1.3.0, please refer to the below article
Flow of funds with batching
For app versions 1.3.0 and above, transactions are grouped in batches. Funds for the batch will be paid out to the restaurant's bank account 4 calendar days after batch end date. If the bank account transfer is scheduled on a non-business day, the transfer will be postponed and will take place on the next business day.
Payouts for batches that start and end on the same day:
Payouts for batches that end on the next day:
Availability of billing statements/ funds
The billing cycle for dine-in transactions runs on a daily basis. Therefore, there will also be statements available for viewing each day. Statements can be viewed and exported from your merchant dashboard under billing statements.
Batch end day | Day where billing statement is available for viewing | Day where merchant receives funds in their bank account |
Monday | Friday | Same Friday |
Tuesday | Saturday | Following Monday |
Wednesday | Sunday | Following Monday |
Thursday | Following Monday | Following Monday |
Friday | Following Tuesday | Following Tuesday |
Saturday | Following Wednesday | Following Wednesday |
Sunday | Following Thursday | Following Thursday |