🏦Understanding Payouts on TILT

As you start selling on TILT, it’s vital, to help you understand how payouts function, here's a comprehensive guide with some common questions:

What can I expect during my first payout process? 💷

Your first payout may take a bit longer than usual. Why?

• Because Stripe, our payment processor, conducts thorough checks on your documents. This ensures everything is in order.

How long might this take?

• Typically, your first payout might take an extra two to three days. This is because Stripe needs time to verify your info and ensure security.

How does the payout period work? ⏳

What's this about a payout period?

• It's the time between making a sale and getting paid.

• On TILT, our payment processor holds the sale for 11 days and then disburses the funds. Payouts are done Monday through Friday excluding bank holidays.

Let’s take the below scenario as an example:

• Let's say you make a sale on a Friday. When will you get your money? Your payout will be disbursed 11 days later.

What's the deal with the daily payout schedule? 📅

How often do payouts happen after the first one?

• Daily, always 11 days after the sale has happened. But remember, they usually occur around 9-10 am UK time.

Does this mean I receive my payouts the next day?

• No, daily payouts mean they come Monday through Friday and always 11 days after you've made the sale. This gives enough time for product to be shipped and delivered to your customer.

But what if there's a bank holiday or other delays?

• Sometimes it can get held up until noon or the next business day.

Do I need to do anything for my payouts? 🙅‍♂️

Are payouts on TILT manual or automatic?

• They're fully automated, thanks to Stripe. No need to lift a finger. Once it's time for your next payout, Stripe will handle it automatically.

What about future payouts? 🔮

Can I expect the same process for future payouts?

• Absolutely. Once you've received your first payout, subsequent ones will follow the same steps.

Can I change receive faster payouts?

• After your first month on Tilt, you can contact your account manager to apply for faster payout options.

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Even if there are slight delays, rest assured that your earnings are safe, and your next payout is coming your way.

We hope this guide answers your questions about payouts on TILT. If you need more help or have other questions, don't hesitate to reach out to our support team. Happy earnings! 🤑