When someone pays you, those funds are added to your Payment Account's Pending Balance. A Pending Balance reflects fully valid and secured funds, which are then transitioned into your Payment Account's Available Balance on a regular rolling basis. See the Payout Timing section below for more information on this.
To transfer you money from your payments, DropVendor makes deposits (Payouts) from your Payment Account's 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 set to occur, by clicking the "View Payment Account" link in your DropVendor Account page.
Automatic Daily Payouts
Your DropVendor account is configured for Automatic Payouts, meaning that Payouts from your Available Balance to your Debit Card or Bank Account occur on a daily basis, automatically.
When you receive payments, the funds are initially reflected in your Pending Balance. These funds transition from your Pending Balance to your Available Balance on a 2-day rolling basis for Bank Accounts and Debit Cards in the United States, and a 7-day rolling basis for Bank Accounts and Debit Cards outside of the United States. Once funds are in your Available Balance, automatic Payouts will occur daily.
When you start receiving payments in DropVendor, your very first received funds will transition from your Pending Balance to your Available Balance within 7-10 days. This initial waiting period is a safety measure required by financial institutions, and is designed to protect you from fraud. Subsequent Payouts after this initial safety period are then processed more quickly, on a 2-day rolling basis for Bank Accounts and Debit Cards in the United States, and a 7-day rolling basis for Bank Accounts and Debit Cards outside the United States.