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Instant Payouts: Access Your Earnings in Real Time

Updated over a week ago

Need quick access to your event earnings? Posh offers Instant Payouts, allowing you to transfer your balance directly to your bank account without waiting for the event to end.

Here's how it works:

  1. Reach $2,000.00 in total revenue: Once your organization reaches $2,000 in GMV, you’ll automatically become eligible for Instant Payouts!

  2. Transfer Your Balance: Once your request is approved, you can initiate an Instant Payout:

    • Log in to your Posh account in your browser.

    • Navigate to the Finance page.

    • Select "Transfer Balance."

    • Choose the Instant Payout option.

    • Enter the amount you want to transfer.

    • Confirm the transfer.

Important Notes:

  • Eligibility: You must have at least $2,000 in total ticket sales across all your events to be eligible for Instant Payouts.

  • Fees: A Stripe processing fee will be applied to each Instant Payout transaction.

  • Payout Method: Ensure you have an eligible payout method linked to your account for instant transfers.

With Instant Payouts, you can enjoy greater financial flexibility and manage your event funds more efficiently. If you have any questions or need assistance with Instant Payouts, please don't hesitate to contact Posh Support.

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