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How to Update Your Payout Schedule in Embedded Payments

The Embedded Payments payout schedule defines the timing and frequency of payments to/from your community's bank account. This user guide outlines how to update your payout schedule from the Embedded Payments dashboard. Only users in the Payment Administrators group can manage payment settings.

 

1. Select Setup from the user menu.

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2. Pick Payment Setup from the main menu.

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3. Under the Financial Reports tab, click Balance Summary to see your next payout amount and date. Then, select Update to adjust the payout schedule.

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4. By default, payouts are set to be processed automatically each day. You can switch to a manual process or adjust the frequency of the automatic payouts to Week or Month and select the day. Once completed, click Save.

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5. The payout schedule has now been changed and will take effect immediately. 

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