Payouts

With just one click you can find the information about the amount you've earned and how to pay it out. Go to Payout section and check your balance.

Payouts are done automatically on daily basis. That is why the amount of Total balance may indicate 0 -> the funds are on their way to your bank account!

For more details you can view Order history or check the data on Stripe.

You receive funds when Fungies makes payouts to your bank account. Payout availability varies depending on your industry and country of operation. When you start processing live payments, Fungies typically schedules your initial payout for 7-14 days after you successfully receive your first payment. Your first payout may take longer depending on your industry risk level and country of operation. Subsequent payouts follow your account’s payout schedule.

You can view a comprehensive list of your payouts and their expected deposit dates in your bank account from the Dashboard.

Add or update your bank account

You can update your account details or add a new bank account using the Payout settings in the Dashboard. Based on your bank’s location, Fungies might require different types of account details to activate your bank account. To modify your banking information, click the Edit button next to the desired bank account (in your Stripe Management Dashboard).

Supported accounts and settlement currencies

In most cases, bank accounts must be located in the country where the settlement currency is the official currency. For example, SEK bank accounts must be based in Sweden. Fungies also allows you to settle and pay out to banks in select alternative currencies, or to non-domestic bank accounts in local currency, for a fee. For more information about presenting and settling in alternative currencies, see Alternative currencies.

At times, Fungies supports international currencies that don’t incur fees. See the following table for a list of supported free currencies by country.

Currencies and minimum payout amount, including countries supported:

Acquiring fees, where applicable, are based on the settlement currency, and you can find these acquiring fees listed by currency on your country’s pricing page.

Multiple bank accounts for different settlement currencies

In some countries, Fungies users can add additional bank accounts to enable settlements and payouts in different currencies. You can add one bank account per supported settlement currency. If you use multiple bank accounts, you must select a default settlement currency, which can be changed at any time.

Charges presented in any enabled settlement currency settle without currency conversion. However, payments made in a currency for which you haven’t set up an additional bank account will automatically convert to your default currency.

For example, a Fungies user in the United Kingdom with both GBP and USD bank accounts, where GBP is the default currency, will have USD payments (where USD is the presentment currency) paid out to the USD bank account without conversion. Payments in other currencies will be converted to GBP.

You can manage your bank accounts and default settlement currency by visiting Bank accounts and scheduling in the Dashboard.

Payout schedule

Time zone difference:
All payments and payouts are processed according to UTC time, except for Asia-Pacific (APAC) markets. As a result, the processed date may not be the same as your local time zone.

Your payout schedule determines how often Fungies sends money to your bank account.

In supported countries, your default payout schedule is daily automatic. You can change this in the Dashboard to weekly automatic, monthly automatic, or manual payouts. For weekly or monthly payouts, you can specify the day of the week or month when you want payouts to arrive in your bank account.

• Monthly payout schedules: If the selected payout arrival day extends beyond the last day of a particular month, the payout will automatically adjust to the last day of that month.
• Weekly and monthly schedules: If the chosen payout day is a non-business day, the payout will arrive on the next business day.

Selecting a payout schedule does not change how long it takes for your pending balance to become available. However, it gives you control over when payouts occur. For example, with a daily payout schedule and a 3-business-day payout speed, Fungies pays out funds daily from transactions captured 3 business days earlier.

Country-specific restrictions on payout schedules:

• In Brazil and India, payouts are always automatic and daily.
• In Japan, daily payouts are unavailable, with the default set to weekly (Fridays).

Manual payouts:
If you turn off automatic payouts in the Dashboard, you can manually send funds to your bank account via the Dashboard or by creating payouts using the API. Manual payouts are available in most regions except Brazil and India, where payouts are always automatic and daily. Typically, manual payouts take 1-4 business days to arrive in your bank account after initiation.

Payout speed

While the payout schedule refers to when payouts occur, payout speed refers to how long it takes for your funds to become available. This varies by country and is often expressed as T+X days.

In Fungies, “T” refers to the time of the original transaction confirmation or capture. For example, with a T+3 payout speed and a manual payout schedule, your Fungies balance becomes available within three business days after payment capture. If you use a daily automatic payout schedule, payouts are made daily for transactions captured three business days prior.

Accelerated payout speeds:
Fungies offers accelerated payout speeds in some regions (Europe, the UK, Mexico, and Canada) for accounts that meet specific risk and eligibility criteria. When eligible, funds become available within 3 business days. You can opt in or out of accelerated payout speeds via the Dashboard.

Delay behavior by account country:
You can set delay_days on connected accounts. The type of delay (business or calendar days) varies by country. For example, in the United States, delays apply in business days, while in most EU countries, delays apply in calendar days.

Payout speed by country:
Use the following table to check the payout speed for your country. The initial payout speed applies until you meet the eligibility criteria for accelerated payouts.

Minimum payout amounts

Minimum payout amounts depend on the lowest threshold supported by Fungies’ banking partners. If your available balance is less than the minimum payout amount, it will remain in your Fungies account until more payments are received.

Negative payouts

Each payout reflects your available account balance. If your account balance is negative (e.g., from refunds), Fungies may debit your bank account for the shortfall. Ensure that your bank account supports both credit and debit transactions.

Payout failures

If a payout fails, the bank returns the funds to Fungies, which can take up to 5 business days. You’ll receive a notification in the Dashboard if this happens, and you may need to re-enter your bank details to resolve the issue.

Instant Payouts

With Instant Payouts, you can transfer funds to a supported debit card or bank account instantly. Instant Payouts are available 24/7, including weekends and holidays, with funds typically arriving within 30 minutes. New Fungies users may not be immediately eligible for Instant Payouts, but you can check your eligibility in the Dashboard.