To receive funds for payments you’ve processed, DropVendor makes deposits (Payouts) from your Available Balance into your connected Bank Account or Debit Card.
You can view a list of all of your Payouts and the date that they are expected to be received by clicking the link "View Payment Account" in your Account Dashboard.
By default, your DropVendor account is configured for Manual Payouts, meaning that you must initiate a Payout of your Available Balance by clicking "Pay out Now" from your Account Dashboard. The fee for a Payout applies each time you initiate a Payout.
When you receive payments from sales through DropVendor, they are initially reflected in your Pending Balance. These funds transition from your Pending Balance to your Available Balance on a 7-day rolling basis. Once funds are in your Available Balance, you can initiate a Payout to transfer them to your Bank Account or Debit Card.
When you start receiving payments in DropVendor, your first deposit of funds to your connected Bank Account or Debit Card will arrive 7–10 days after you request a Payout through your Account Dashboard. We require a short initial period to monitor your business activity, and this delay protects your business, customers, and DropVendor from the increased risk of fraudulent activity. Subsequent Payouts are then processed more quickly, on a 2-day basis.