Automatic payouts allow you to schedule recurring transfers of your available funds to a connected bank account (or via check) on a weekly or monthly basis. To use automatic payouts, your organization must be a verified nonprofit with an active Partner plan subscription and have a Stripe account connected or be enrolled in check payouts. Here's how to set this up:
1. From your dashboard click your organization's name in the top right corner, then choose Team settings.
2. Next, click Payout settings in your left sidebar. If you're unable to see this section in your account, please confirm that you're on our Partner plan and have verified your non-profit status. Once on the payout settings page toggle on the automatic payouts.
3. First, select the payout frequency. You can choose between monthly or weekly.
4. Then, select the day of the week or month for the payout and the system will automatically calculate the next payout date.
5. If you have a Stripe account connected you'll also see a Destination account dropdown to confirm the bank account or credit card the funds should be send to. Lastly, click save to finalize the automatic payout.
Done! Now payouts will occur automatically at your selected frequency as long as the minimum $25 threshold is exceeded and funds are available for withdrawal.