Payout Cycles

We support the following Payout cycles:

  1. Monthly
    • Billing Period: 1st to the end of the month
    • Payout Date: 11th of the following month
  2. Bi-Monthly (Default)
    • Billing Period 1: 1st to 15th of the month
    • Payout Date 1: 18th of the same month
    • Billing Period 2: 16th to the end of the month
    • Payout Date 2: 4th of the following month
  3. Weekly
    • Billing Period 1: 1st to 7th
      • Payout Date 1: 11th of the same month
    • Billing Period 2: 8th to 14th
      • Payout Date 2: 18th of the same month
    • Billing Period 3: 15th to 21st
      • Payout Date 3: 25th of the same month
    • Billing Period 4: 22nd to the End of the month
      • Payout Date 4: 4th of the following month

Note:

  • Payouts will only be initiated if all verifications are successful and Payout Threshold is crossed in the billing period.
  • The default payout cycle for all merchants is bi-monthly.
  • Merchants with higher transaction volumes may request weekly payouts by contacting support@dodopayments.com.
  • Certain high-risk merchants may be placed on a monthly payout cycle at our discretion.

Payout Processing and Bank Timelines

  1. The dates provided above are the initiation dates for payouts.
  2. It typically takes 1-2 business days for the amount to appear in your bank account.
  3. Delays may occur if payout processing dates fall on weekends or bank holidays.

Payout Currency

  1. The default payout currency is USD.
  2. For Indian merchants, the payout currency for domestic transactions only is INR. You can see the bifurcation on your dashboard in the Payouts section.
  3. For custom currency requirements, please reach out to our team at support@dodopayments.com.

Minimum Payout Threshold

  1. USD Payouts: $100
  2. INR Payouts (India): INR 1000

If your balance does not meet the threshold, it will carry forward to the next payout cycle.

Payout Deductions

  1. Taxes : All applicable taxes as per the Tax Calculator will be deducted from the sales amount before payout
  2. Dodo Payment Fees and Payout Fees will be deducted before sending the payout. For details check out our Pricing Page

Payout Status

Payout StatusDescription
Payout Not InitiatedPayout due date has not yet arrived hence it has not been initiated
Payout In ProgressPayout due date has arrived and Payout is in progress
Payout On HoldPayout is put on hold by the Payout Team (By Backend until admin dashboard is available)
Payout SuccessfulPayout to the merchant account is processed successfully
Payout FailedPayout to the merchant account has failed

Payout Invoice

A reverse invoice will be generated to indicate the amount paid by Dodo Payments to the Merchant

Payout Invoice Structure

InformationDescription
Invoice IDA Unique ID of the Invoice generated
Date of IssueDatetime of the Invoice Issued
Merchant Business NameRegistered Business Name of the Merchant
Merchant Business AddressRegistered Business Address of the Merchant
Dodo Merchant NameRegistered Business Name of Dodo Payments
Dodo Payments Company IDRegistered Company ID of Dodo Payments
Dodo Payments Business AddressRegistered Business Address of Dodo Payments
Payout NameName given to the payout (Eg. November Payout for Digital services licensed to Dodo Payments)
Payout QtyWill be 1
Payout Unit PriceTotal Amount to be paid
Payout AmountTotal Amount to be paid