How do business payouts work?
Pay at Close Payouts
Pay at close transaction payouts are initiated immediately via ACH bank transfer. They are sent M-F during standard business hours. If a transaction occurs after business hours, on a holiday, or over the weekend, they are then sent the following business day.
Once the payout has been sent by Titus, deposit into your account depends on how quickly your bank accepts and processes ACH transfers. Many banks process in real time, but others may take up to 24 hours.
Credit & Debit Card Payouts
Card payment transactions are grouped together in a 24-hour accrual window that runs from 12:00am-11:59am EST. The transaction payouts are approved and sent the following day around 1pm EST. Payouts are only approved on business days. Therefore, transactions made on a Friday, Saturday, or Sunday are approved and sent on Monday. Additionally, payouts that occur over a holiday are approved and sent on the next business day.
Once the payout has been sent by Titus, deposit into your account depends on how quickly your bank accepts and processes ACH transfers. Many banks process in real time, but others may take up to 24 hours.