What are my payout scheduling options?
In your GoDaddy Payments Dashboard, you can adjust the speed at which you'll receive your payouts. You can choose between Standard payouts and Same-Day payouts, depending on your preferences. In this article, we'll explain each payout speed option in detail so you know how your payouts are processed and when to expect payout fund availability.
Standard payouts
By default, your payouts are set to Standard payout speed in your Payments dashboard and are transferred to your bank account free of charge.
You can find the estimated payout fund arrival times for Standard payouts in the table below. Fund arrival is based on your Close of Day time, and you can always review fund arrival estimates in the payout settings page of your commerce dashboard.
Close of Day time | Estimated Payout Arrival |
---|---|
5AM PT | The next business day |
12PM PT | The next business day |
5PM PT | The next business day |
11:59 PM PT | In two business days |
Example: If today is Monday and your COD time is set to 5AM PT, 12PM PT or 5PM PT you should receive your standard payout on Tuesday. If, on Monday, your COD is set to 11:59 PM PT, the estimated payout arrival time is on Wednesday. If it's Friday, Saturday or Sunday and your COD time is set to 5AM PT, 12PM PT or 5PM PT you should receive your standard payout on Monday but if it's set to 11:59 PM PT the payout should arrive on Tuesday.
Same-Day payouts
You can speed up the payout process and receive your payouts on the same day by setting the payout speed to Same-Day in your Dashboard. For the faster payout speed, you'll be charged a fee of 1.5% of the total payout amount.
You can find the estimated payout fund arrival times for Same-Day payouts in the table below. Fund arrival is based on your Close of Day time, and you can always review fund arrival estimates in the payout settings page of your commerce dashboard.
Close of Day time | Estimated Payout Arrival |
---|---|
5AM PT | On the same day, around 6PM PT |
12PM PT | On the same day, around 6PM PT |
5PM PT | On the same day, around 6PM PT |
11:59 PM PT | On the next day, around 1AM PT (in about an hour) |
Important information about your financial institution and your fund availability
The payout schedule described in this article is based on the cadence in which we send money to your bank account or debit card and our estimate of when the funds will be available at your financial institution (estimated payout arrival time). It’s possible that your bank may hold your payout funds as pending for an additional period before making them available to you.