Scheduled Payouts in Wix Payments
In this article
- Payment Stages
- Payout Schedules
Payouts are sent according to a
payout schedule that you choose. Payouts can be sent to you on a daily, weekly or monthly schedule. Once each payment is processed, it is added to your next scheduled payout.
Notes:
- After receiving your first payment, it's available for payout within an average of 7 days, assuming your account has been verified.
- If you have more than one payment method active in your Wix Payments account, your payouts may be grouped by payment method. Learn more.
Payment Stages
Each payment from your customer goes through 3 stages before it reaches your bank account. These are:
- Processing payment: The payment moves from your customer to your Wix Payments account. This usually takes between 2 - 5 business days.
- Scheduled payout: The payment is added to your next scheduled daily, weekly or monthly payout.
- Sent payout: The payout has been sent from Wix Payments and should arrive in your bank account within 3 - 5 business days. Factors such as the day-of-the-week, the currency, or bank holidays will decide the arrival date of your payout.
Upon the date of your scheduled payout, Wix Payments will send the funds to your bank account. Once this is done, the payout status will change from
Scheduled to
Sent.
Payout Schedules
There are three payout schedules you can choose from, depending on the needs of your business:
- Daily: Payouts are sent every day, including transactions that were made before the daily cut-off time*. Any transactions received after that time will be included in the next day's payout.
- Weekly: Payouts are sent every Monday. You can change this to any other day of the week through your account settings.
- Monthly: Payouts are sent on the 1st of every month. You can change this to any other day of the month through your account settings. In months with less than 29 days, payouts are sent on the last day of the month.
* About the payout cut-off time: Depending on your region, Wix Payments sends payouts every day at the following time:
- US: 6AM EST.
- Europe: 6AM GMT.
You can choose and change your payout schedule at any time from your Wix Payments account settings. Whichever schedule you select will apply to all your Wix Payments payment methods.
Show me how
Important:
To receive payouts, your Wix Payments account must be successfully
verified.
