Need faster access to your earnings? Instant Payouts let you transfer funds to your bank account instantly, with no more waiting for the next batch deposit on weekends. Whether you’re paying bills or simply want peace of mind, Instant Payouts give you the flexibility to transfer your money when it works best for you. Instant Payouts are available for each merchant account at businesses that meet the prerequisites.
Before you start transferring your funds, make sure you meet the following requirements:
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Your business must be located in the United States.
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You must have processed a minimum of 100 credit card transactions for at least the last four months.
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Your financial institution must either support Real-Time Payments or FedNow. Click the links below to see if your financial institution supports it:
You can view your available funds from your Merchant Account, Deposit Report, and Notification Panel . The balance shown includes all transactions made throughout the day, as well as any rent collection payments, after deducting merchant processing fees, Vagaro Capital payments, and customer refunds. Vagaro Pay Later transactions will not display in your balance and will be deposited separately.
The Deposit Balance shown in your account includes funds that have been processed and are ready for transfer. It will be set to zero at the batch time (3 PM PST or 12 AM PST), meaning that your funds have been processed and are on the way! There is also a two-hour processing delay for new credit card transactions. For example, if your balance shows $2,000 at 2:00 PM and you process another $100 at 2:30 PM, that $100 won’t display in your balance until around 4:30 PM. Only funds displayed in your balance can be deposited instantly.
To see available funds:
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Go to your Merchant Account settings:
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On the Vagaro Pro App: Go to → .
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On the Web Version: In the top-right corner, select your profile icon, then select Merchant Accounts.
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Optionally, if the business has multiple Merchant Accounts, you can change the selected account in the Merchant Account list.
Your Deposit Balance is displayed. You can also see your next Scheduled Deposit day or select the Info chip to see all transactions included in your balance.
From your Merchant Account settings, you can initiate an instant deposit whenever you need the funds. The fee for instant deposits is 1.75% per deposit, and Instant Payouts are limited to $2,500 per day, with a minimum limit of $25. Any remaining funds are grouped with the next batch time.
Note
Instant Payouts may take up to 30 minutes to transfer to your bank account.
To initiate an instant deposit:
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Go to your Merchant Account settings:
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On the Vagaro Pro App: Go to → .
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On the Web Version: In the top-right corner, select your profile icon, then select Merchant Accounts.
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Optionally, if the business has multiple Merchant Accounts, you can change the selected account in the Merchant Account list.
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In the Get Your Money Now box, select Instant Payout. The Instant Payout popup will be displayed.
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Optionally, change the amount you want to deposit.
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Select Transfer. The system will begin processing your transfer.
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Select Done when the transfer is complete. The details of this deposit will be reported in your Deposits report and will be grouped with your regular deposits.
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