While every payment request is different, here are some rough guidelines for the various methods offered by Tipalti.
Note: This is not the time from when a withdraw is requested, this is the time from when Tipalti pays out this payment to when it arrives to you. The entire payment process takes roughly one to two weeks.
ACH (Automated Clearing House) Transfers
ACH transfers are a popular payment method within the United States due to their efficiency and cost-effectiveness. With Tipalti, ACH transfers typically take 1-3 business days to process. This timeframe includes the verification and approval processes required by banks and financial institutions.
Wire Transfers
Wire transfers offer expedited payment processing for domestic and international transactions. With Tipalti, domestic wire transfers within the United States may take 1-2 business days to process, while international wire transfers can take slightly longer due to factors such as intermediary banks and currency conversion. On average, international wire transfers with Tipalti may take 3-5 business days to reach the recipient's bank account.
PayPal
PayPal provides a convenient and widely-used payment option for businesses and individuals worldwide. With Tipalti, PayPal payments are typically processed within 1-2 business days. However, the actual timeline for funds to become available in the recipient's PayPal account may vary depending on PayPal's processing procedures and any additional verification steps required.
Checks
Traditional paper checks remain a viable payment option for certain users who prefer physical payment methods. With Tipalti, issuing and mailing checks may take longer compared to electronic payment methods. On average, recipients can expect to receive checks within 10-15 business days, depending on postal delivery times and geographical location.