How Payouts Work

For you to receive the funds from your charges, Thrizer makes payouts to your bank account.

Thrizer operates on  payout model that ensures timely and efficient fund transfers.

We are operating on settlement-based payouts, which means payouts are processed more frequently.
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Adding your bank account information

When you first create a Thrizer Account, you will need to connect a traditional U.S. checking account to receive payouts.

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Changing your Thrizer Payout Account

You can update your payout account at any time from your Account Settings:

1. Click the 'Me' dropdown and go to your Account Settings.
2. Click on the Banking Information tab.
3. Update your bank account to your desired account.

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Your Thrizer Balance

Your Thrizer Balance shows the amount of funds that are pending for payout on the next payout date. Every time you charge a client on Thrizer, the net payment will be stored in your Thrizer Balance, which you can view from the Payment Dashboard.

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Your Payout History

To view a list of all your payouts and the date you received them in your bank account:

1. Go to your Payments Dashboard.
2. Click "See All" on the Payout History Widget.
3. This view breaks down the date, amount, and recipient account of the previous payouts, and you can click the right-facing arrow to open the details of each payout and the transactions that made it up.

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Payout Frequency

Thrizer issues payouts twice per week: on Tuesdays and Fridays. Here is a breakdown of when payouts will occur based on the day of the charge:

• If a charge is made Tuesday 12 AM EST through Thursday 11:59 PM EST, the payout will be issued on Friday, and the deposit will settle between Friday and Monday.
• For charges made Friday 12 AM EST through Monday 11:59 PM EST, the payout will be issued on Tuesday, and the deposit will settle between Tuesday and Wednesday.

This ensures that payouts occur twice a week, with funds being deposited shortly after. You can always see the associated payout date with any transaction by looking at its extended details to confirm exactly when it is expected to reach your bank account.