In order for your business to receive funds, HitPay makes automatic payouts to your bank account.
When you start processing live payments from your customers with HitPay, you will receive the corresponding payouts to your bank account according to the schedule provided below.
You can view a list of all of your payouts and the date that they are expected to be received in your bank account in the HitPay Dashboard under Sales and Reports > Bank Payouts.
First Payout: For Card (Stripe) payment method, Stripe has a policy that the first payout will always be delayed for around 7-14 days after receiving first successful payment. Processing subsequent payouts then happens according to the account’s payout schedule. This is for Stripe-enabled countries only.
Minimum Payout: The minimum payout amount (after deducting fees) is dependent on your country of registration. You may check Stripe's article relating to minimum payout amount.
may vary per country/payment method. check your country section below for more information
--
Singapore
Minimum to pay out amount: SGD 1 (after deducting fees)
Refer to the bank deposit schedule below for Singapore-based businesses:
Malaysia
Minimum to pay out: RM 5 (after deducting fees)
Refer to the bank deposit schedule below for Malaysia-based businesses:
USA
Refer to the bank deposit schedule below for US-based businesses:
Australia
Refer to the bank deposit schedule below for Australia-based businesses:
New Zealand
Refer to the bank deposit schedule below for New Zealand-based businesses:
Canada
Refer to the bank deposit schedule below for Canada-based businesses:
Europe
Refer to the bank deposit schedule below for businesses based in United Kingdom, Czechia, Denmark, Sweden, Austria, Belgium, Finland, France, Germany, Luxembourg, Netherlands, Portugal, Ireland, Italy, and Spain:
Philippines
Refer to the bank deposit schedule below for Philippines-based businesses:
Note: For Cards by HitPay payment method
- first payout is processed within 2 to 4 business days. All subsequent payouts after that are processed T+1 to 2 business days
- PHP transactions
- Settlement: T+1 to 2 business days
- Minimum Settlement amount: 100 pesos
- USD transactions to PESO accounts
- Settlement: T+3-5 business days
- Minimum Settlement amount: 500 pesos
Indonesia
Refer to the bank deposit schedule below for Indonesia-based businesses:
All other countries:
Other Useful Guides
How to view breakdown of payout
Understanding the HitPay Balance
How to change the payout timing