With Instant Payouts, Stripe Dashboard users can access their Stripe balances immediately following a successful charge. You can request an Instant Payout any day or time, including weekends and holidays, and funds typically settle in the associated bank account within 30 minutes.
Compare Instant Payouts to standard payouts
Instant Payouts accelerate access to your funds, making them available as soon as funds from a card charge are successfully completed. However, Stripe assesses a 1% fee on each Instant Payout. Any funds not accessed through Instant Payouts continue to be paid out according to your default payout schedule.
Instant Payouts can’t use alternative currencies. For example, an Instant Payout to a Canadian business must be in CAD.
Funds acquired from card payments are available for Instant Payouts as soon as the charge is complete. ACH or bank debits are only available for Instant Payouts after the payment has settled.
Request an Instant Payout
You can initiate Instant Payouts either manually through the Stripe Dashboard or programmatically using the Stripe APIs.
Eligibility and daily volume limits
An instant payout applies to a daily limit according to the time it’s requested. For example, if you request an instant payout at 23:58 on Tuesday and receive the funds at 00:03 on Wednesday, that payout counts toward Tuesday’s limit. Daily reset times depend on your region:
- United States and Canada: Midnight US Central Time
- United Kingdom: Midnight London Time
- Singapore: Midnight Singapore Time
Instant Payouts observe the following daily limitations:
- You’re limited to a maximum instant payout amount per day. Check your daily volume in the Dashboard. You can’t initiate Instant Payouts after you reach your daily limit.
- You’re limited to a maximum of 10 Instant Payouts per day.
Stripe charges Dashboard users a 1% fee for all Instant Payouts. Each Instant Payout transaction has a minimum and maximum amount dependent on the currency.
|Country||Instant Payout Minimum||Instant Payout Maximum|
|US||0.50 USD||9,999 USD|
|Canada||0.60 CAD||9,999 CAD|
|Singapore||0.50 SGD||9,999 SGD|
|United Kingdom||0.40 GBP||9,999 GBP|
Manage payout methods
You must have an eligible payout account to receive Instant Payouts. Use the External payout accounts and scheduling section in the Dashboard Settings tab to manage your payout accounts.
|Country||Eligible External Account Type|
|US||Debit card, bank account (check supported banks)|
|Canada, Singapore||Debit card (check supported banks)|
|United Kingdom||Bank account (check supported banks)|
Debit card updates
For security reasons, you can’t edit card details. To update a card, remove it and add it as a new card.