A bit unclear on @stripe payouts, estimated availability vs. Instant Payout. If I get the card, is that automatically available for me to use?
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Replying to @Quan
Hey there! With Instant Payout, funds are available within just a few minutes on debit cards that you register. This means those funds will be available for use by you quickly. Check out more details about Instant Payout here: https://support.stripe.com/questions/initiating-an-instant-payout ….
1 reply 0 retweets 1 like -
Replying to @stripe
Thanks! But I still don't understand how I have an Instant Payout option visible, when the funds aren't available until next week. Am I going to get charged for doing an IP today?
2 replies 0 retweets 0 likes
Good question—for an Instant Payout, you get access for funds to settle within a few minutes. There is a 1% fee for using Instant Payouts which would be 1% of the Payout amount. We've got a bit more info about this: https://stripe.com/payments/payouts ….
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