Note: All of the times mentioned below are in Australian Eastern Standard Time (AEST) This payout schedule is based on the American work week, which is why some of the payouts schedules may seem odd.
What is Podium’s payout transfer schedule?
Money you collect in Podium will be transferred to your bank account within 1 to 3 days.
Money collected before 4PM AEST Sunday, Monday, and Tuesday will be deposited to your bank account on Wednesday.
Money collected before 4PM AEST Tuesday, Wednesday, and Thursday will be deposited to your bank account on the next business day.
Money collected before 4PM AEST Friday will be deposited to your bank account on Monday.
Money collected before 4PM AEST on Saturday will be deposited to your bank account on Tuesday.
The actual time of the transfer will depend on your bank.
Are there any exceptions to this schedule?
The first payment you receive with Podium Payments will take up to 7 days to be transferred to your bank account. After this initial transfer, payouts will follow the above schedule.