💸Daily Payouts
How and When You Receive Your Money
Getting paid quickly is crucial for event creators. This guide explains Clubly's payout system, timelines, and how to maximize your cash flow.
⚡ Quick Summary
Standard Payout:
24-48 hours after your event
Automatic to your bank account
$0 fees
No action required
Instant Payout (Beta):
Same day within hours
$0.50 fee per payout
For verified accounts
Opt-in feature
💰 How Payouts Work
The Payment Flow
Step-by-Step:
1. Customer Buys Ticket
Time: Anytime before event
Amount: Ticket price + platform fee
Destination: Held by Stripe2. Event Occurs
Time: Your event date
Status: Funds still held
Waiting: For payout schedule3. Payout Initiated
Time: 24-48 hours after event
Amount: Sum of all ticket sales
Method: ACH to your bank4. Money Arrives
Time: 1-2 business days
Account: Your linked bank account
Available: Immediately upon arrivalExample Timeline
Saturday Night Event:
Friday: Customers buy tickets → Stripe holds funds
Saturday 9 PM: Event happens
Sunday 12 PM: Payout initiated (24 hours later)
Monday/Tuesday: Money arrives in bankWednesday Night Event:
Various days: Ticket sales → Stripe holds
Wednesday 8 PM: Event happens
Thursday 8 PM: Payout initiated (24 hours later)
Friday/Saturday: Money in your bank🏦 Bank Account Setup
Adding Your Bank Account
Done During Stripe Setup:
Connect Stripe to Clubly
Enter bank details in Stripe:
Bank name
Routing number (9 digits)
Account number
Account type (checking/savings)
Verify account
Set as default payout method
Multiple Bank Accounts
Switch Payout Accounts:
Stripe Dashboard → Settings → Bank Accounts
Options:
- Add new account
- Set default
- Remove old accountsUse Cases:
Personal vs business accounts
Different events to different accounts
Backup account
Verifying Your Bank
Micro-Deposit Verification:
Day 1: Stripe sends 2 small deposits ($0.01-$0.99)
Day 2-3: Check your bank statement
Day 3: Confirm amounts in Stripe
Status: Verified ✅Instant Verification (Some Banks):
Plaid integration
Login to bank instantly
Verified in seconds
Preferred method
⚡ Standard vs Instant Payouts
Standard Payouts (Default)
Timeline:
Initiated: 24-48 hours after event
Arrival: 1-2 business days
Total: 2-4 days from event
Features:
✅ $0 fees
✅ Automatic
✅ Reliable
✅ All accounts eligible
Best For:
Most event creators
Regular cash flow
Cost-conscious hosts
Not time-sensitive
Instant Payouts (Beta)
Timeline:
Initiated: On demand, anytime
Arrival: Within hours
Total: Same day
Features:
⚡ Ultra-fast
💵 $0.50 fee per payout
🎯 On-demand
✅ Must be verified
Requirements:
Fully verified Stripe account
US bank account
Debit card on file
Good standing (low disputes)
Best For:
Need money immediately
Reinvest in next event
Cash flow critical
Emergencies
How to Enable:
1. Complete Stripe verification
2. Add debit card to Stripe
3. Wait for eligibility
4. Enable in Settings → Payments
5. Request payouts on demand📊 Payout Schedule
When Payouts Are Initiated
After Event Ends:
Event end time + 24 hours minimum
Typically 24-48 hours
Automatic, no action needed
Multiple Events Same Day:
Combined into one payout
All events that day
Reduces bank fees
Example:
Friday Night:
- Event A: $2,500
- Event B: $1,800
- Event C: $3,200
Sunday Payout:
- Total: $7,500 (one transfer)Business Days
Bank Transfers:
Monday-Friday: Normal processing
Saturday-Sunday: Delayed to Monday
Bank holidays: Delayed to next business day
Example:
Saturday event → Payout initiated Sunday
→ Transfer Monday → Arrives Tuesday/WednesdayViewing Upcoming Payouts
Dashboard → Payments → Payouts
See:
Scheduled payout date
Amount
Events included
Estimated arrival
Status
💵 Payout Amounts
What You Receive
Full Ticket Price:
Ticket sold for: $50.00
Platform fee: $5.99 (kept by Clubly)
You receive: $50.00 ✅Multiple Tickets:
50 tickets × $50 = $2,500.00
100 tickets × $75 = $7,500.00
Total payout: $10,000.00Deductions from Payouts
Possible Deductions:
1. Refunds:
Original payout: $5,000
Refunds issued: $500
Net payout: $4,5002. Chargebacks:
Payout: $5,000
Chargeback: $50 (+ $15 fee)
Net: $4,9353. Instant Payout Fees:
Payout: $5,000
Instant fee: $0.50
Net: $4,999.504. Taxes (1099 Income):
Not withheld by Clubly
Your responsibility
File quarterly or annually
📱 Tracking Your Payouts
Payout Dashboard
View All Payouts:
Dashboard → Payments → Payout History
Details:
- Date initiated
- Date arrived
- Amount
- Status
- Bank account (last 4)
- Events includedPayout Status:
🟡 Pending: Initiated, not yet sent
🔵 In Transit: Sent to bank
✅ Paid: Arrived in account
❌ Failed: Issue with transfer
Export Payout Reports
Generate Reports:
Dashboard → Payments → Reports
Options:
- Date range
- CSV/Excel format
- PDF invoices
- Tax summaryUse For:
Bookkeeping
Tax filing
Business planning
Accounting software
Stripe Dashboard
Detailed View:
Access: Settings → Payments → View Stripe Dashboard
See:
- Individual transactions
- Gross/net breakdown
- Fee details
- Transfer dates
- Bank statements🚨 Payout Issues
Payout Failed
Common Reasons:
1. Bank Account Closed
Error: "Bank account closed"
Fix: Update bank account in Stripe2. Invalid Account Details
Error: "Invalid routing/account number"
Fix: Verify and correct details3. Bank Rejected Transfer
Error: "Transfer rejected by bank"
Fix: Contact your bank4. Account Not Verified
Error: "Account verification required"
Fix: Complete Stripe verificationDelayed Payout
Why Delays Happen:
Under Review:
High-risk activity flagged
First few events
Unusual patterns
Large amounts
Bank Processing:
Weekends/holidays
Bank delays
International transfers
Technical issues
Account Issues:
Missing information
Verification incomplete
Past disputes
What to Do:
Check Stripe dashboard for alerts
Review email from Stripe
Complete any requirements
Contact support if unclear
Incorrect Amount
Received Less Than Expected?
Check For:
Refunds issued
Chargebacks
Multiple events (verify all included)
Instant payout fee ($0.50)
Currency conversion (international)
View Breakdown:
Stripe Dashboard → Payouts
Click payout amount
See itemized list
Verify each transaction
💡 Optimizing Cash Flow
Strategies
1. Price Early Birds Lower
Benefit: Get money early
Example:
- Early: $25 (Weeks 1-2)
- Regular: $35 (Weeks 3-4)
- Late: $45 (Week of)2. Multiple Events Per Week
Monday event → Wed/Thu payout
Wednesday event → Fri/Sat payout
Friday event → Sun/Mon payout
Consistent weekly income!3. Recurring Events
Weekly parties:
- Predictable income
- Steady cash flow
- Build audience
- Scale operations4. Use Instant Payouts Strategically
Worth $0.50 when:
✅ Need funds for next event
✅ Vendor payment due
✅ Emergency expense
❌ Not urgent
❌ Can wait 2 days5. Reinvest Immediately
Friday event pays out Sunday
↓
Sunday: Buy ads for next Friday
↓
Increased sales
↓
Higher payout next week🧾 Tax Implications
1099-K Forms
If You Earn $600+/Year:
Issued by: Stripe
Sent: January 31
Reports: Gross revenue
Use for: Tax filingWhat's Reported:
Total payouts received
Number of transactions
Gross revenue (not profit)
Your Responsibility:
Report as income
Deduct business expenses
Pay self-employment tax (if applicable)
Quarterly estimated taxes
Business vs Personal
Personal (1099):
Report on Schedule C
Self-employment tax
Deduct expenses
Simple for small scale
Business (LLC/Corp):
Business return
More deductions
Liability protection
Better for high volume
🌍 International Payouts
Currently Supported
United States:
✅ All 50 states
✅ USD only
✅ Standard ACH transfer
✅ Instant payouts available
Coming Soon
Expanding To:
🇨🇦 Canada (CAD)
🇬🇧 United Kingdom (GBP)
🇪🇺 European Union (EUR)
🇦🇺 Australia (AUD)
International Features:
Multi-currency support
Local bank transfers
Currency conversion
Regional payment methods
📞 Payout Support
When to Contact Support
Contact Immediately:
🚨 Payout over 5 days late
🚨 Missing significant amount
🚨 Account locked/restricted
🚨 Suspicious activity
Regular Support:
📧 Questions about timing
📧 Understanding amounts
📧 Bank account changes
📧 Report issues
How to Get Help
Clubly Support:
📧 Email: [email protected]
💬 Live Chat: Dashboard
📱 Phone: 1-800-CLUBLY1
Response: 2-4 hours
Stripe Support:
📧 Email: [email protected]
💬 Live Chat: Stripe Dashboard
📱 Phone: 1-888-926-2289
Response: Immediate to 24 hours
Include in Request:
Your account email
Event name/date
Expected payout amount
Payout ID (if available)
Bank account (last 4 digits)
Screenshot of issue
✅ Payout Checklist
Before Your First Event:
After Each Event:
🔄 Related Articles
❓ Common Questions
When exactly do I get paid?
24-48 hours after your event ends, money is sent to your bank. It arrives 1-2 business days later. Total: 2-4 days from event.
Can I get paid faster?
Yes! Instant Payouts (Beta) arrive same-day for a $0.50 fee. Must be verified and eligible.
What if my event is in 2 weeks?
Money is held until after the event. This protects against refunds and chargebacks.
Can I get paid before my event?
Not currently. This is industry standard to prevent fraud and ensure refund capability.
Why is my payout delayed?
Check Stripe dashboard for alerts. Common reasons: verification needed, holidays, bank issues, or fraud review.
What if I need money urgently?
Enable Instant Payouts ($0.50 fee) or contact support for special circumstances.
Reliable Payouts: Clubly and Stripe process over $50M annually. Your money is safe and will arrive on schedule. Most hosts are paid within 3 days of their event!
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