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Managing Your Stripe Payouts

Once you have connected Stripe to BookLive, your payments are deposited to your bank account automatically. This guide covers how to manage your payouts and access your funds.

How Payouts Work #

When clients pay through BookLive:

  1. Payment is processed by Stripe
  2. Funds are held in your Stripe balance
  3. Stripe automatically transfers to your bank account
  4. Transfer follows your payout schedule

Default Payout Schedule #

By default, Stripe pays out on a rolling basis:

  • US accounts – 2 business days after payment
  • New accounts – May have 7-14 day delay initially

The delay helps protect against chargebacks and fraud.

Accessing the Stripe Dashboard #

To view detailed payment information:

  1. Go to dashboard.stripe.com
  2. Sign in with your Stripe credentials
  3. View your balance, payments, and payouts

You can also access Stripe from BookLive Settings by clicking View Stripe Dashboard.

What You Can See in Stripe #

  • Balance – Available and pending funds
  • Payments – All received payments
  • Payouts – Transfers to your bank
  • Customers – Client payment history
  • Reports – Financial reports and tax documents

Changing Payout Settings #

In your Stripe Dashboard, you can adjust:

Payout Schedule #

  • Daily (default)
  • Weekly
  • Monthly
  • Manual

Bank Account #

  • Add additional bank accounts
  • Change your primary payout account
  • Set up backup accounts

Understanding Your Balance #

  • Available balance – Funds ready for payout
  • Pending balance – Payments still processing
  • Reserved – Funds held for potential refunds or disputes

Fees #

Stripe charges processing fees on each payment. These are deducted before the payout:

  • Standard rate: 2.9% plus 30 cents per transaction
  • Fees may vary based on card type and payment method

Tax Information #

Stripe provides tax documents for your earnings:

  • 1099-K – If you meet IRS thresholds
  • Available in your Stripe Dashboard under Documents
  • Usually available by January 31st for the previous year

Troubleshooting Payouts #

Payout Not Received #

  • Check your payout schedule in Stripe
  • Verify bank account information is correct
  • Look for any pending verification requirements

Payout Failed #

  • Bank may have rejected the transfer
  • Update your bank account information
  • Contact your bank if issues persist

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