If a tenant pays their invoice using credit card, the payment is securely processed by Stripe instantly. After processing, the payout schedule is then followed.
If a tenant pays with either Direct Debit or ACH, the payment has a different timeframe to be securely processed. Once the payment has been processed, then the payout schedule is followed.
|Direct Debit Type||Processing Timeframe|
|BECS Direct Debit - AU only||Up to 4 business days|
|Bacs Direct Debit - UK only||Up to 6 business days|
|ACH - US only||Up to 7 business days|
|Pre-Authorized Debit - CA only||Up to 5 business days|