Payment Settlement & Revenue Disbursement
OpenCourt does not collect or hold any funds we process on your behalf. When we charge a customer, we do it on behalf of your Stripe account, and all funds go straight into your Stripe account.
You can learn more about our integration with Stripe in this article.
Make sure to enable Payouts in Stripe, specify your business information and your business checking account which will be receiving payouts. You might also choose frequently of distributions (daily, weekly, etc), or keep it manual.
Payments are typically settled within 1-2 business days. Payouts are often processed within 1-2 days from that. Payouts are bundled together from which ever payments are settled by the time the payout is processed.
Your first payout might take ~7 days to be processed.
Make sure to monitor your Stripe account if you feel like you aren’t receiving your first payouts or any further payouts. Stripe’s support team is amazing, so always feel free to contact them via their support center.