#Kamon

1 messages · Page 1 of 1 (latest)

tawny craterBOT
brittle notch
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Hello, this refers to the delay_days for when funds are available

warm bay
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Interesting.

Is this something I need to be concerned about or handle when manually paying out (i.e I need to wait X amount of days before sending a payment)?

brittle notch
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You will only be able to manually pay out funds that are available

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Otherwise, they will be in the accounts pending balance

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And can't be paid out

warm bay
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Gotcha.

Just for clarification to make sure I'm following.

Let's say I authorize the payment March 1st, capture it on the 7th and are doing manual payouts.

If the payout speed/delay_days is 2 days (2 day rolling basis), then there wouldn't be any funds in the available balance to payout until the 9th, correct? So, I'd have to wait until the 9th to manually payout the available balance for the transaction captured on the 7th.

Does that delay effect the time it takes for the payout amount to reach the connected account's bank account, or is that completely separate?

brittle notch
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Yep that's correct

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The flight time is separate

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You can't initiate the manual payout until the funds move to available

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Then there is a short amount of flight time for the payout to arrive in the users account

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If you are worried about flight time then automatic payouts are actually better as they will arrive slightly sooner

warm bay
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Gotcha!

The exception to that would be if we did an instant manual payout, correct?

brittle notch
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Correct

warm bay
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Fantastic.

Also, can we query that delay timing, so we can notify customers on how long until their funds will be available for payout?

brittle notch
warm bay
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Fantastic, thanks!

brittle notch
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Sure thing!

warm bay
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Have a lovely day!