When processing online donations through Payments powered by Stripe, credit card transactions and ACH transactions will have different payout dates depending on when charges are created.
Credit Card Transactions
- Charge is created on the day of card payment.
- Funds will be deposited in your account 3 business days after the card is charged.
ACH Transactions
- Charge is created on the day of ACH payment.
- Funds will be deposited in your account 7 business days after the ACH is initiated.
You can use the chart below to determine deposit timelines for your transactions.
| Charge Created | Credit Card Transactions Deposit on | ACH Transactions Deposit on |
| Sunday | Wednesday (same week) |
Tuesday (week 2) |
| Monday | Thursday (same week) |
Wednesday (week 2) |
| Tuesday | Friday (same week) |
Thursday (week 2) |
| Wednesday | Monday (week 2) |
Friday (week 2) |
| Thursday | Tuesday (week 2) |
Monday (week 3) |
| Friday | Wednesday (week 2) |
Tuesday (week 3) |
| Saturday | Wednesday (week 2) |
Tuesday (week 3) |
Note that bank holidays may increase these timelines.
Can I Change This Payout Schedule?
By default, Payments Powered by Stripe will create daily deposits on all business days using the schedule above. Your organization has the option to adjust your payout schedule from the default of daily deposits to weekly, monthly, non-business day, or manual deposits to your bank account. Note that modifications from the default daily payout schedule to weekly, monthly, or non-business day will update the corresponding Reconciliation Reports found in the Online Giving tab. However, if you choose manual payouts from Stripe, the Reconciliation Reporting will not be properly synced to Online Giving. For this reason, Virtuous advises against selecting manual payouts from Stripe. Learn more about the different payout options and how to change the schedule within Stripe here.