If you’re eligible, you can change how often you receive deposits from your WooPayments account balance.
Eligibility requirements
↑ Back to topTo be eligible to change your deposit schedule, you must:
- Have taken at least one transaction in live mode.
- Have completed the waiting period for new accounts.
- Have deposits enabled, i.e. you are not suspended.
- Not have your deposit schedule set by us.
Changing your deposit schedule
↑ Back to topTo change your WooPayments deposit schedule:
- Go to Payments > Settings in your site’s dashboard.
- Scroll down to the Deposits section.
- You will see options to change your deposit schedule frequency.
There are three deposit schedule frequency options:
- Daily
- Weekly (choose the day of the week, e.g. every Monday)
- Monthly (choose the date each month, e.g. the 1st of each month)
Please keep the following in mind when selecting a deposit schedule:
- Deposits set to occur on a weekend or holiday will be sent on the next business day.
- To receive deposits on the last day of each month, first select Monthly and then then Last day of the month option at the bottom of the dropdown menu.
- Deposits are still subject to pending periods depending on the country of your store.
“Deposit scheduling is currently unavailable”
↑ Back to topDeposits scheduling may be disabled on new accounts or accounts with a disproportionate number of disputes. Your deposits are not suspended/blocked, but neither will you be able to change the schedule yourself.
If this applies to your store, the deposit schedule setting will look like so:
Country-specific restrictions
↑ Back to top- Merchants in Japan cannot receive daily deposits. You must use weekly or monthly.