💸 How to Set Up Instant Payouts on WithMe
Instant Payouts allow you to transfer funds to an eligible debit card or bank account within minutes of a transaction. This feature is currently available in the United States, Canada, the United Kingdom, and Singapore.
✅ Requirements to Enable Instant Payouts
Before you can start using Instant Payouts, ensure the following:
Active WithMe Account: Your WithMe account must be active for a minimum of 30 days.
Stripe Custom Account: Connect a Stripe Custom account to your WithMe store.
Eligible Bank Account: The bank account linked to your Stripe Custom account must be eligible for Instant Payouts.
Minimum Cash Out: You must have already cashed out a minimum of $2,000 USD using the regular cash-out method.
⚙️ How to Enable Instant Payouts
Once you've met the requirements:
Access Payments Settings: Navigate to your WithMe dashboard and click on the "Payments" tab.
Enable Instant Payouts: Under "Account Settings," locate the "Instant Payouts" section and toggle it on.
After enabling, you'll be able to receive cashouts instantly going forward.
💳 Managing Payout Methods
To manage your payout methods:
Go to Dashboard Settings: In your WithMe dashboard, click on "Settings" and then "Dashboard Settings."
Add Bank Account: Under the "External payout accounts and scheduling" section, add your eligible bank account details.
Ensure that your bank account is eligible for Instant Payouts. For example, in the United States, most debit cards are compatible with Instant Payouts. support.stripe.com
⚠️ Important Notes
Availability: Instant Payouts are available 24/7, including weekends and holidays.Documentation
Fees: Stripe charges a fee of 1% of the payout amount, with a minimum fee of $0.50 USD. Floranext+2WP Simple Pay+2FastDelivery+2
Eligibility: Even if you meet the minimum requirements, Stripe reserves the right to decline Instant Payout access to any store.