On Vonza Payments, credit/debit card transactions are paid out directly to your bank account via Stripe based on the payout schedule. Credit/debit card transactions are paid out on business days (excluding weekends and US banking holidays) in USD. The time of arrival of funds into your bank account varies by your institution.
Payout Schedule
1. Daily - Earnings and unlocked reserves are distributed daily, however, transactions are processed on a 2-day (business) rolling period. For example, payments received on a Monday are paid out by Wednesday, and payments received on a Friday are paid out by Monday.
2. Weekly - Earnings and unlocked reserves are distributed weekly.
3. Monthly - Earnings and unlocked reserves are distributed every 30-days on the first business day of the month.
Once you make your first sale on Vonza Payments, it will take 7 - 14 business days to receive your first payout.
Payout Breakdown
To view additional information about your payouts, navigate to Sales > Breakdown.
You can view all of the transactions included in or deducted from your payouts. The amount of your payout is comprised of earnings, unlocked reserves, and refunds you received since your last payout.
In Payouts, you can also use the calendar on the top right to give you a breakdown for a date range.
