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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 [email protected].
• Certain high-risk merchants may be placed on a monthly payout cycle at our discretion.

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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.

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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 [email protected].

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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.

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Flexible Minimum Payout Threshold

Introduction

You can now set the balance that must build up in your USD wallet before Dodo Payments triggers a payout.

• Allowed values: $100 or any higher amount
• Takes effect from your current payout cycle; payouts already scheduled (If entry is created in the payout table) stay unchanged.

Edit in Dashboard

1. Settings → Payouts → Minimum Threshold
2. Choose edit threshold and enter a number ≥ 100 (e.g., “250”).
3. Click Confirm.
4. You will see the updated amount in the Minimum Payout Threshold field

Note: This feature is only applicable to the USD Wallet as of now. The INR wallet will have no changes

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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

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Payout Status

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Payout Invoice

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

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Payout Invoice Structure