Instant payouts with WooPayments

WooPayments provides a way for eligible accounts to request an instant payout of some or all of the account balance. After requesting an instant payout, the money will arrive within minutes instead of days. Instant payouts can be initiated at any time.

Instant payouts are subject to additional fees. Review our fees.

To be eligible to request an instant payout, your account must meet the following criteria:

• Based in the U.S.
• More than 90 days old.
• Processed more than $1,000 during the last 90 days.
• Under 1% of transactions disputed in the last 90 days.
• Use either of the following to receive payouts:
  • A verified bank account, or
  • A debit card

If you would like instant payouts to be available for supported countries outside of the US, please submit a feature request (or vote for an existing one) The feature request portal is where the development team goes to gauge interest for future features and improvements.

To request an instant payout:

1. In your store’s WP Admin dashboard, go to Payments > Overview.
2. Click the Get [amount] now button in the top section.

3. View details about your instant payout, such as:
   • The amount you have available for instant payout.
   • What the net payout amount will be after instant payout fees are deducted.

4. Click Pay out now to initiate the instant payout.

If the Pay out available funds button is visible in Payments > Overview but appears disabled, then the balance may not be within the payout limits explained below.

Unlike scheduled payouts, there is both a minimum and maximum amount that can be processed through an instant payout.

• The minimum instant payout amount is $50 USD.
• The maximum instant payout amount can be up to $1,000 USD.

If the minimum instant payout amount has not been reached, or if the maximum limit has been exceeded, the Payout available funds button will be disabled.

Instant payouts can be made to a verified bank account or a debit card. This section focuses on how to add these payout methods to your WooPayments account.

Merchants who are otherwise eligible can add a verified bank account to receive instant payouts. Bank account verification uses a combination of automated and manual processes to confirm that the bank account is tied to the individual or organization that owns the WooPayments account.

To add a verified bank account, follow these instructions. When you go to enter your bank account information, you must use the direct bank connection feature — entering your account details manually will not verify your bank account.

If verification of your bank account cannot be completed, you may be asked to provide one of the following documents to help verify it:

• A bank account statement
• A bank letterhead
• A voided check

Once this information is provided, it will be manually reviewed by our partners at Stripe to ensure that the bank details match those on the WooPayments account. This process may take several days.

To add a debit card, follow these instructions to change your payout method, being sure to use a debit card instead of a bank account.

Nearly 6,000 banks in the US support instant payouts. You can find information about bank support for instant payouts below.