How Payouts Work
When customers pay for orders, the funds are collected by storekit Payments. These funds are then paid out to your registered bank account according to your payout schedule. Each payout includes:- Order payments - Funds collected from completed orders
- Refunds - Any refunds issued are deducted from your payout
- Fees - Processing fees are deducted automatically
Payout Requirements
To receive payouts, you must:- Complete verification - Your storekit Payments account must be fully verified
- Have a valid bank account - A verified bank account must be connected
- Have a positive balance - Funds must be available after deducting refunds and fees
Viewing Your Payouts
You can view your payout history in Store Settings > Payments > Payouts. Each payout shows:| Field | Description |
|---|---|
| Date | When the payout was initiated |
| Amount | Net amount paid to your bank |
| Status | Pending, Sent, or Failed |
| Reference | Bank reference for reconciliation |
Payout Statuses
| Status | Meaning |
|---|---|
| Pending | Payout is scheduled but not yet sent |
| Sent | Payout has been sent to your bank |
| Failed | Payout failed - check your bank account details |
Minimum Payout Amount
There is no minimum payout amount. However, if your balance is negative (due to refunds exceeding sales), the payout will be held until your balance is positive.Next Steps
- Payout Schedule - Understand when you’ll receive payouts
- Bank Accounts - Manage your payout bank account