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Wodify Payments - Payout Timelines

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With Wodify Payments (and with most payment processors in general), you’ll notice that there’s a delay between when your member is billed, and when that money is deposited to your bank account. The process of confirming a credit card or ACH/direct debit payment takes several steps for confirmation and security; depending on your location, the number of steps and the time to process them can vary.

This article will lay out the payout processing timeline for different countries using Wodify Payments. You can refer to the chart below to see the processing time between when a payment is made by your member, and when that payment is deposited to your connected bank account.

Payout Timeline Schedule

 

Credit Cards

 

United States

2-3 Business Days

Australia

2-3 Business Days

New Zealand

3-5 Business Days

Canada

5-6 Business Days

United Kingdom

3-5 Business Days

European Union

3-5 Business Days

Denmark

3-5 Business Days

Norway

3-5 Business Days

Sweden

3-5 Business Days

 

ACH/Debit

 

United States

5-7 Business Days

European Union

5-10 Business Days

 

Remember, you can always check the exact date a payout will be processed in your Wodify admin portal, under Financial>Payouts. You can take a look at this article for more information on reviewing your payouts: How do I get paid with Wodify Payments? 

If you are not currently using Wodify Payments but would like to know more about processing payments with us, please book a call with a Wodify Payments Specialist

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