Managing your money is easier when you have quick access to your earnings. With Vagaro’s upcoming Instant Payout feature, you will no longer have to wait for the next batch deposit. Instead, you can transfer your available funds instantly or schedule same-day payouts, giving you greater control over your funds. You’ll always know how much is available for transfer and when your next scheduled deposit will arrive. You can adjust your deposit settings anytime, opting for the regular batch deposit schedule or scheduling your Instant payouts based on what works best for your business.
This feature is still in development but is expected to be released in May 2025. Keep a lookout for future announcements.
Instant payouts allow businesses to access their funds on demand for an additional fee of 1.75%. Instead of waiting for the standard batch deposits, you can initiate an instant deposit whenever needed. If you prefer a scheduled approach, you can schedule a same-day instant deposit that automatically deposits your funds at the end of each business day.
This feature is available to businesses that fit the following criteria:
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You must have a business located in the United States.
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You must have Credit Card Processing activated.
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You must be actively processing credit cards on Vagaro for at least four months.
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You must have completed 100 or more credit card transactions with Vagaro.
If your business has multiple merchant accounts or employees with their own accounts, the requirements above will apply separately for each account.
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