If this is the very first payment processed on your new payment account, Stripe (our payment processor) holds the first payout for about 7 days as a standard security step for new accounts. Your funds become available automatically and will be sent to your linked bank account — nothing you need to do! After this first payout, payouts run automatically on the normal 2–3 business day schedule.
If the payment is a bank transfer payment from a client, there are a couple of different factors that might affect the final payout date.
Instant Verification: When a client instantly verifies their bank account through Stripe using Plaid, the processing time is 4 business days for the payment. Then, there are two additional business days for the payment to be disbursed from Stripe to your bank account.
Manual Verification: It is unlikely but, if a client chooses to manually verify their account they will need to provide micro-deposit information from their bank account before the payment will be submitted. This will add 1-2 days to the process, and Inly will automatically notify them in order to move forward with their payment. Once the micro deposits are verified, then the processing time of 4 days will be begin followed by the 2 days for the payment to be disbursed from Stripe.
Inly is designed, and proactively updated to ensure that the online payment process is simple, and quick. Please check out these articles for more information about bank transfers, and payment method fees.
For any additional questions please reach out by clicking on the chat box or at support@inly.com and a team member would be happy to assist you.