Instant Payouts for Cloudbeds Payments

This new feature empowers you to access your available funds immediately, significantly improving your cash flow and reducing payout delays.

• You'll now find a convenient "Payout now" button on your Cloudbeds Payouts page. This gives you direct control over when you receive your funds.

• Clicking the "Payout now" button will open a clear and detailed breakdown of your available balance, powered by Stripe's robust Balance component. This transparency allows you to understand exactly what funds are ready for payout.

• The payout process is guided through a straightforward second modal. Here, you can review the details and confirm your decision to initiate the instant payout.

• Any associated fees for using the Instant Payouts feature will be clearly displayed within the payout flow, ensuring full transparency before you finalize the transaction.

• Throughout the instant payout process, you'll receive real-time status updates. In the event of any issues, clear error handling will guide you on the next steps.

Key Benefits:

• Faster Access to Funds: Get your revenue when you need it, improving your cash flow.
• Increased Transparency: Understand your available balance with a detailed breakdown.
• Greater Control: Initiate payouts on demand, putting you in control of your funds.
• Improved Efficiency: Reduce delays associated with standard payout schedules.

How to Use Instant Payouts:

1. Menu
2. Payments
3. Payouts
4. Review Your Balance: The mini dashboard will display your Total balances.
5. Initiate Payout: Click on Pay out
6. Confirm Payout: Follow the on-screen instructions in the modal to review the balance breakdown
7. Click Pay out to initiate the instant transfer.