What are my payout options?
In your GoDaddy Payments Dashboard, you can choose the cadence at which you'll receive your payouts. You can choose between Standard payouts, Same-Day payouts, and Instant payouts, depending on your preferences.
| Payout Speed | Description | Cost |
|---|---|---|
| Standard payouts | Scheduled payouts that arrive at your bank as soon as the next business day. | Free |
| Same-Day payouts | Scheduled payouts that arrive at your bank or debit card on the same day, typically within 1 hour of your close-of-day setting. | 1.5% of the payout amount |
| Instant payouts | On-demand payouts that arrive at your bank or debit card instantly on any day, including weekends and holidays, typically within 20 minutes. | 1.5% of the payout amount |
Find out more about payout options
Standard payouts
By default, your payouts are set to Standard payout speed in your Payments dashboard and are automatically transferred to your bank account free of charge.
You can find the estimated payout fund arrival times for Standard payouts in the table below. Fund arrival is based on your Close of Day time, and you can always review fund arrival estimates in the payout settings page of your commerce dashboard.
| Close of Day time | Estimated Payout Arrival |
|---|---|
| 5AM PT | The next business day |
| 12PM PT | The next business day |
| 5PM PT | The next business day |
| 11:59 PM PT | In two business days |
You can always change you payout speed from Standard to Same-Day and vice versa according to your needs.
Same-Day payouts
You can speed up the payout process and receive your payouts on the same day by setting the payout speed to Same-Day in your Dashboard. For the faster payout speed, you'll be charged a fee of 1.5% of the total payout amount.
You can find the estimated payout fund arrival times for Same-Day payouts in the table below. Fund arrival is based on your Close of Day time, and you can always review fund arrival estimates in the payout settings page of your commerce dashboard.
| Close of Day time | Estimated Payout Arrival |
|---|---|
| 5AM PT | On the same day, around 6PM PT |
| 12PM PT | On the same day, around 6PM PT |
| 5PM PT | On the same day, around 6PM PT |
| 11:59 PM PT | On the next day, around 1AM PT (in about an hour) |
You can always change you payout speed from Standard to Same-Day and vice versa according to your needs.
Instant payouts
With Instant payouts, you can have funds from your GoDaddy Payments balance deposited into your bank account or debit card on-demand, typically within 20 minutes, at any time (weekends, holidays and after hours included). Instant payouts can help you quickly overcome any unexpected cash flow crunches.
Note: This payout option is only available to prequalified merchants.
Please keep in mind that:
- You'll be able to initiate up to two Instant payouts per day with a maximum daily payout limit of up to $10,000, which resets each day at 5PM PT. Your specific daily limits may vary and are subject to change at any time.
Example: If you have a daily instant payout limit of $10,000 and you initiate an Instant payout of $8,000 and then initiate a second Instant payout of $6,000 on the same day, you'll receive only a part of your second Instant payout ($2,000) because of the $10,000 daily limit. The remaining $4,000 will still be a part of your available balance, and you'll receive it in your next scheduled payout.
- There is a short waiting period after a transaction is completed until it is eligible to be paid out instantly - this waiting period can be up to 10 minutes.
- After you initiate an instant payout, it will typically be processed within 20 minutes. In some instances, your bank or debit card issuer may hold your payout funds as pending for an additional period before making them available to you.
Important information about your financial institution and your fund availability
The payout schedule described in this article is based on the cadence in which we send money to your bank account or debit card and our estimate of when the funds will be available at your financial institution (estimated payout arrival time). It’s possible that your bank may hold your payout funds as pending for an additional period before making them available to you.