Instant Payouts allow you to transfer funds to an eligible bank account within minutes of a transaction for a fee of 1.75% of the payout amount. However, not all bank accounts can receive an Instant Payout through Studio Pro Merchant Services. Using the link below, you can review the banks that support and do not support Instant Payouts:
Bank support for Instant Payouts
*Note - at the link above, Stripe lists countries other than the United States. Currently, Instant Payouts through Studio Pro Merchant Services is only available for businesses in the United States.
Eligibility
To limit fraud possibilities through instant payouts, each account must meet certain requirements. These requirements are as follows:
- Available for US customers only at this time
- Accounts have to be greater than 60 days old
- Accounts must have greater than $15,000 in lifetime processing volume
- There is a daily max limit of $5,000
- Accounts must have a dispute rate less than 2%
- The user's email address must match the person listed as the owner or representative on their Studio Pro Merchant Services account to access Instant Payouts
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