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Payments · Documentation
Operational

Payout Speeds

Payout Speed for Each Payout Destination

Payout methods often support different delivery speeds, each with its own fees and processing time. When implementing bank or push-to-card payouts, make sure to pass the correct speed parameter.

Use the table below to determine which speed value to pass based on the user’s verification country and payout destination:

Country (from Verification) Payout Destination Delivery Speed speed Param to Pass Default Currency
United States US Bank Account (RTP) Instant asap USD
United States US Bank Account (ACH) Same Business Day same_day USD
United States US Bank Account (ACH) Standard (1–3 Business Days) standard USD
United States Debit Card (Push-to-Card) Instant card USD
United States Venmo Account Instant venmo USD
European Union European Bank Account (IBAN) Instant iban EUR
United Kingdom UK Bank Account (IBAN) Instant iban GBP
Brazil Brazilian Bank Account (PIX) Instant pix BRL
Canada Canadian Bank Account (EFT) Standard (1–3 Business Days) eft CAD

Important

The speed parameter determines both the payout rail and the delivery time. Be sure to pass the correct value according to the supported payout destinations for the user’s verification country.

Fees

Fees for each delivery speed are defined in your MSA. Please consult your internal stakeholders if you’re unsure about the applicable fees.