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• Additional resources can be found in our Knowledge base for KometPayments; in Komet Payments KometPayments (In-App Payments).

Here are the typical processing and payout times for credit card and ACH payments:

• Credit Card Payments:

  • Processing Time: Typically within seconds.

  • Settlement Time: 2-3  Next business daysday.

  • Payout to Connected Accounts: With daily payout schedule: Stripe attempts to send funds daily, but your bank may need 1-2 business days to process.
    

• ACH Payments:

  • Processing Time: 3-5 business days.

  • Settlement Time: The stripe account receives the credited funds after processing.

  • Payout to Connected Accounts: Similar to credit card payments, with a daily payout schedule.

  • Additional Factors to Consider:

  • Weekends and Bank Holidays: Both can impact timelines.

  • First Payout to a New Connected Account: This may take longer due to verification processes.

  • Stripe's Payout Schedule: Can be managed in account settings (daily, weekly, or monthly options).

  • Receiving Bank Processing Times: Vary between institutions.