If you're a merchant or service provider, it's natural to wonder: When and how can I receive my money after customers make payments through the platform?
When Will I Receive My Funds?
The time it takes to receive your funds depends on several factors, including:
- Payment Method Used: The transfer time varies depending on how the customer made the payment—whether by credit card, bank transfer, or e-wallet.
- Fatora’s Transfer Policy: Typically, funds are transferred to your bank account within one business week, but this may vary depending on your bank.
- Official Working Days: Bank transfers may be affected by public holidays, so it’s best to check the platform’s financial transfer schedule.
How Can I Receive My Money?
To ensure you receive your funds quickly and easily, follow these steps:
1. Update Your Account Information
- Make sure your bank account details are correctly entered in the Financial Settings section of the Fatora platform.
- Verify your IBAN number and bank name to avoid transfer delays.
2. Choose the Right Payment Method
- Fatora supports various withdrawal methods, including direct bank transfers.
3. Track Your Withdrawals
- You can monitor your payments through your dashboard, where you’ll find transaction details and transfer dates.
4. Meet Withdrawal Requirements
- Some accounts may have a minimum withdrawal amount, so ensure your eligible balance exceeds this limit.
- Certain accounts may require additional verification, such as identity documents or business verification, before allowing withdrawals.
Tips to Speed Up Receiving Your Money
✅ Use electronic payment methods (e.g., credit cards), as they are faster than traditional bank transfers.
✅ Ensure there are no restrictions on your bank account that might delay the transfer.
✅ Check payment notifications on the platform to stay updated on your financial transactions.
With Fatora, you can manage your payments effortlessly and securely with complete transparency in withdrawals and transfers—helping you focus on growing your business instead of worrying about payments! 🚀