This page provides detailed information about payout cycles and methods available through HitPay. Understanding how payouts work is essential for managing your funds efficiently and maintaining a smooth financial flow.


What is a Balance?

A balance is the total amount of funds for a given payment provider. There can be two balances for a merchant’s Hitpay account. One is the Hitpay Balance and the other is the Card Balance.

The HitPay Balance comprises of four balance buckets:

  • Available to pay out: Includes funds that are ready to be paid out now. You can choose to automatically payout as per the payout schedule here or manually payout. Manual payout allows you to keep your balance in HitPay without paying into your bank account.
  • On the way to your bank: Includes funds that are in transit and not yet available to be paid out to your bank account.
  • Reserve: Includes funds that can be used to pay for refunds and chargebacks. Funds can be added to the Reserve fund from the Available to pay out funds.
  • Deposit: Funds that are reserved to cover a negative balance on a HitPay account. Deposits are applied by HitPay for merchant accounts from high-risk categories.
Your HitPay balance needs to be sufficient to cover any refunds for non-card payments.

What is a Payout?

In order for your business to receive funds, HitPay makes automatic payouts to your bank account.

When you start processing live payments from your customers with HitPay, you will receive the corresponding payouts to your bank account according to the schedule provided below.

Do note that each Balance will have its own separate payouts.

You can view a list of all of your payouts and the date that they are expected to be received in your bank account in the HitPay Dashboard under Bank Payouts.

First Payout

For Card (Stripe) payment method, Stripe has a policy that the first payout will always be delayed for around 7-14 days after receiving first successful payment. Processing subsequent payouts then happens according to the account’s payout schedule. This is for Stripe-enabled countries only.

Minimum Payout

The minimum payout amount (after deducting fees) is dependent on your country of registration. You may check Stripe’s article relating to minimum payout amount.

When do I get paid by HitPay (Payout schedule by country)

You can view a list of all of your payouts and the date that they are expected to be received in your bank account in the HitPay Dashboard under Bank Payouts

Select your country to view payout details and schedules:

BalancePayment Methods IncludedFrequencyPayout Done By
HitPay BalancePayNow QR
PayLater by Grab
Shopee Pay
WeChat Pay
AliPay Plus
T + 1 Calendar DayHitPay
Card BalanceAll Cards
T + 1 Business DayStripe
Minimum to pay out: SGD 1 (after deducting fees).

Changing Payout Schedule for HitPay Payouts

You can customize the payout schedule for funds accumulated in the HitPay Wallet. Follow these steps:

  • Navigate to Bank Payouts > HitPay Balance.
  • Click on Available to Pay Out.
  • Choose the desired automatic processing frequency: daily, weekly, or monthly.

Please note that the automatic payout schedule applies only to HitPay Balance Payouts. Card Balance Payouts are processed automatically by Stripe based on the standard payout schedule.

USD Payouts in Singapore

You can add a USD bank account under Settings > Bank Accounts. When you add a USD bank account, all USD payments will be automatically credited to the linked USD bank account. Non-USD payments will be converted to SGD as usual and paid out to the designated SGD account. Before adding a USD bank account, you must have at least one SGD account set up. When you link a USD bank account, the following fees are applied for transactions:

  • Transaction fees: 5.65% + SGD $0.50 (This represents the base transaction cost.)
  • Conversion fees: An additional 2% on non-SGD transactions (This fee is only applicable if a conversion is required.)
  • Note: There are no charges on payout.


Have questions about payouts? Check out these frequently asked questions: