This article explains the payment schedule for payments collected using your Kara Pay integration and when to expect the bank transfer.
When can you expect to receive your payments collected via Kara Pay?
The system is set up to transfer your payments collected via Kara Pay to the bank account you set up during the activation process on a 7 "working days" rolling basis. During the weekly schedule, any payments collected via Kara Pay from your clients, on a weekly basis, between Wednesday to Tuesday, are processed and transferred to your active bank account on the following week cut-off day (Tuesday).
Payment schedule: Weekly, every Tuesday on a 7 day rolling basis.
For example: If you had any session with your clients from Tuesday 20th June to 27th June and you charged your client using Kara Pay:
Since those sessions where charged after the previous "cut-off date" 20th June; your total funds from those sessions, are transferred on Tuesday 4th July, which is set on the "Weekly Tuesday 7 day rolling schedule" of 28th June to 4th July.
Please note there may be delays on bank holidays and payout availability can vary based on the industry and country you’re operating in.
To find more about other payment methods and how to take payments go here.