Payout Speed & Schedule for Stripe Tap to Pay

FlexiPOS Tap to Pay is powered by Stripe, using Stripe Connected Accounts and Stripe Terminal (Landi hardware) to process card payments directly on your device. This article explains how quickly funds from your Tap to Pay sales become available and when they're paid out to your bank account.

Payout timing has two parts that work together:

Fund availability — How long after a sale the funds become available in your FlexiPOS Stripe balance.
Payout schedule — How often available funds are sent from that balance to your bank account.

1. Fund Availability: T+2

FlexiPOS Stripe accounts operate on a T+2 basis, which is the default timing for Australian businesses. “T” refers to the day a transaction is processed (Day 0). T+2 means the funds become available in your Stripe balance 2 business days later.

In short: a sale made today is generally available for payout two business days later — weekends don’t count.

Important: the very first payout on a new Tap to Pay account can take up to 7 days while Stripe completes standard risk checks. This is a one-off delay and does not apply to later transactions.

2. How Business Days Are Counted

Only business days (Monday to Friday) count towards the 2-day availability window. Weekends are skipped entirely, which affects sales made later in the week.

Weekday sale (Mon–Thu): Day 0 is the day the sale is processed; Day 1 and Day 2 follow on the next business days.
Friday sale: Funds become available on the following Tuesday, since Saturday and Sunday aren’t counted.
Weekend sale (Sat/Sun): The sale is treated as Day 0, with Day 1 starting on Monday and funds available Tuesday.

Example

A canteen sale processed on Friday afternoon becomes available in the Stripe balance the following Tuesday, because Saturday and Sunday don’t count as business days.

3. Payout Schedule: When Money Reaches Your Bank

Payout Schedule Configuration

The payout schedule governs when available funds are actually sent to the bank. This is controlled via settings.payouts.schedule on the connected account (or Balance Settings for Accounts v2).

Interval Options

Interval	Behaviour
Daily	Funds are swept daily once they have cleared delay_days. Most common for T+2 — this is the setting used for FlexiPOS Tap to Pay accounts.
Weekly	Swept on specified day(s) per week.
Monthly	Swept on specified day(s) of the month.
Manual	No automatic payouts. The platform or connected account triggers a payout manually via API or Dashboard.

Putting it together, here’s how a full week of sales typically flows through to your bank account if set to the most common daily schedule configuration:

Sale Processed	Funds Available in Balance	Paid Out to Bank
Monday	Wednesday	Wednesday (automatic)
Tuesday	Thursday	Thursday (automatic)
Wednesday	Friday	Friday (automatic)
Thursday	Monday	Monday (automatic)
Friday	Tuesday	Tuesday (automatic)
Saturday	Tuesday	Tuesday (automatic)
Sunday	Tuesday	Tuesday (automatic)

Note: bank processing can add up to a further 1–2 business days once a payout is sent, depending on your bank.

4. What You'll See in Your Balance

If you have access to your FlexiPOS/Stripe dashboard, your balance is shown across three states:

Balance State	What It Means
Available balance	Funds that have cleared the 2-day window and are ready to be paid out.
Pending balance (“money available soon”)	Recent transactions still within the availability window — not yet ready for payout.
In transit (“money on the way to the bank”)	A payout has been sent and is on its way to your bank account.

5. Payout Status: What Each Stage Means

Every payout moves through a set lifecycle. You can track a payout's progress using these statuses:

Status	Meaning
Pending	Payout has been created and is waiting to be sent to your bank. Funds are still held by Stripe.
In transit	The payout has been submitted and is on its way to your bank account.
Paid	Funds have arrived in your bank account — typically 1–2 business days after being sent.
Failed	The payout couldn’t be completed, usually due to an issue with the linked bank account. You’ll be notified and asked to update your details.
Cancelled	The payout was cancelled before it was sent to the bank.

6. Payout Notifications

You'll receive an email each time a payout is sent, confirming the amount, the destination account, and the expected arrival date. Once the payout status changes to Paid:

The payout updates to “Paid” with the date the funds arrived.
Your available balance decreases by the payout amount.
The payout appears on your bank statement under the Flexischools statement descriptor.
The “money on the way” indicator on your balance clears.