How Long is the Waiting Period for the First Payout on Stripe

After signing up with Dine.Direct, get your first payment with Stripe

The first payout for every new Stripe account is typically paid out 7 days after the first successful payment is received. This waiting period can be up to 14 days for businesses in certain industries. This delay allows Stripe to mitigate some of the risks inherent in providing credit services.

You can confirm your payout schedule and estimated payout timing in your Stripe Dashboard. This initial payout timing requirement cannot be waived. Any changes made to your payout timing or payout method during this time will take effect after this initial delay.

More information on payout schedules can be found here.

Where to find your Stripe payout day

On Stripe's website, your estimated payout date can be found on the Balances page of the Dashboard. If you do not receive your funds by this date:

  • This might be related to account verification. Please check both your Dashboard or email to see if they requested additional information from you to complete this process.

  • This might be related to bank processing time. Banks can add extra days, including weekends and holidays. Once the bank has finished processing your payout, they will deposit the funds into your account automatically.

 

Source: https://support.stripe.com/questions/waiting-period-for-first-payout-on-stripe