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Stripe introduces next-day settlement, allowing US Dashboard users to access domestic transaction funds in their Stripe balance by the next business day.
•Eligible funds (excluding ACH direct debits) settle the next business day; automatic daily payout users receive funds in their bank account on the same timeline.
•Available across all payout schedules (automatic and manual), but currently limited to Stripe Dashboard users in the US.
•Payouts exceeding $1 million USD incur an additional day delay due to US banking limitations.
•A monthly fee of 0.6% is calculated as a percentage of the prior month's accelerated charges and debited automatically at the start of each month.
•Differs from Instant Payouts: next-day settlement is automatic and continuous, while Instant Payouts are manual, on-demand, and deliver funds within 30 minutes.
This summary was automatically generated by AI based on the original article and may not be fully accurate.
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