June 2024 pricing update for Instant Payouts for businesses in the United States

With Instant Payouts, Stripe lets you access your funds and pay them out to your bank account or debit card immediately. Starting June 1, 2024, the fee for Instant Payouts in the US will increase from 1% to 1.5% per payout. You can always pay out your funds using our standard schedule (2 business days) for free. This applies to all direct Stripe accounts, as well as standard connected accounts.

FAQs

How can I calculate the impact of these fee changes to my business?

The best way to calculate the impact these changes might have to your business is to use the Stripe Dashboard.

To understand the impact of changes:

  1. Go to the Balances section of your Dashboard
  2. Navigate to the Payouts section of your Balances page
  3. Filter by “method” and ensure that “Instant” is selected and press the apply button
  4. You can then export all Instant Payouts to calculate impact

What can help me offset these costs?

You can always pay out your funds using our standard schedule (2 business days) for free.

I’m a Connect platform. How does this affect my connected accounts?

This applies to all direct Stripe accounts, as well as Standard connected accounts. Stripe will automatically notify your Standard connected accounts about the change. They will also be able to see the new pricing when they opt for an Instant Payout.

If you use Connect with Custom accounts, there are no changes to your fees.

How can I understand which of my connected accounts are impacted?

To understand which of your connected accounts are impacted, please reach out to the Stripe team.  

Why did I get this notice?

This support page provides you with more details on the notice we sent you describing changes to certain fees. That notice is a legal notice sent to Stripe users, even those who have unsubscribed from optional marketing notices. You cannot unsubscribe from legal notices, but if you’d prefer not to receive any further legal notices from Stripe, you can close your account by following these steps.

Your continued use of Stripe's services after June 1, 2024 is subject to these fee changes. Any termination rights you have under your agreement with us are unaffected by this change.

Do I need to take action?

There’s no action necessary for you at this time and these changes will automatically apply to your business and / or your connected accounts on June 1, 2024.

Contact support

If you have questions beyond what's detailed above, please reach out to the Stripe team.