Get paid faster with Stripe’s Instant Payouts
For those of you who are making money from your podcasts on RedCircle, Instant Payouts expedites the time between cashing out and having that cash in hand within (1) business day.
Instant Payouts are available to everyone on the Growth, Pro, or Enterprise Plans. See below for more information on how to use it.
Before you can transfer funds using the Instant Payout option, make sure:
You also need to set your payout details in Stripe to a debit card rather than a bank account. If you currently have a bank account connected, then go to your Money page, click the 3 dots (...) next to Money, click Log In to Stripe, and then switch your Stripe payout details to a debit card.
Once the above is complete, follow these steps to transfer funds using Instant Payouts:
Log into your RedCircle account and click Money and then Transfer to Bank
Select Instant Payout and click Transfer to Bank to confirm. Note: Stripe takes a 1% service fee from your balance when you select this option.
Stripe then expedites your payout and funds are made available to you within 1 business day.