When you accept a Pay Later payment, Stitch settles the full purchase amount to you upfront, then collects from the customer over time. Here's how the cash flow works on your side.
You get paid upfront, in full
The day a customer checks out with Pay Later, the full purchase amount (less your merchant fees) lands in the standard Stitch settlement queue. You don't wait for the customer to complete their instalments. Stitch carries that timing for you.
Settlement cadence
Pay Later transactions settle on the same cadence as your other Stitch transactions, as set on your account (typically daily or weekly). Check your Settlement schedule in your Stitch dashboard for the exact rhythm on your account.
Where to see Pay Later settlements
- Sign in to your Stitch dashboard.
- Open Payouts (or Settlements).
- Filter by payment method to see Pay Later separately, or download the settlement report for the period.
What about refunds and chargebacks?
Refunds you initiate on a Pay Later order are debited from your next settlement, the same as any other refund. Stitch then adjusts the customer's Pay Later plan automatically.
Customer defaults
If a customer misses their instalments, that's Stitch's risk, not yours. Your settled funds stay settled. See What happens if a Pay Later customer defaults?
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