How do Auto-Remittances work?
Automated payouts support a flexible, sales-based approach to remittances.
This automated setup involves the following:
You will need to create a sub account on Stripe (see step by step stripe onboarding guide outlined in the next step). We will send you a dedicated onboarding link which is valid for 7 days only.
By default, we will set you up on a weekly payment schedule, but you can also choose to be paid on a Daily or Monthly.
When your account is ready, the proceeds from your ticket sales are sent from our platform account to your Stripe sub account on a sale by sale basis, and in real time.
The proceeds from your sales are held for 3 business days before being automatically sent to your bank account based on your payout schedule.
Payouts are listed on native alongside a spreadsheet that includes a summary of sale, refunds and native fees on an event by event basis, as well as a log of all transactions. This way any finance work required can be done from native, and you shouldn't need to log into Stripe more than once.