Zomentum Payments offers seamless payouts for its users guaranteeing the least processing timeline and zero hidden costs.
As a partner, the timing of when you will receive the collected payment can depend on several factors, including the payment method used by the customer.
In general, the payment processing timeline for partners can range from one day to several days (direct debit)
From the moment Zomentum Payments will receive the collected payment we pay out immediately.
Payout Balance
Zomentum Payments enables its partners to be aware of their account balances at all times. Payout Balance shows their current balance at the top of the Payouts page.
To navigate to the Payouts page, navigate to the Settings icon from the left sidebar in your Zomentum Payments portal and click on Payouts.
The following image is a sample Payout Balance summary:
Please note that the minimum amount that can be processed in a payout is $25.
Payout Reconciliation
When a payout is initiated we update Quickbooks online to settle all fees and surcharges in the correct account.
You will be notified through your registered email ID when we are unable to reconcile the payout.
Payout Timing
Mode of Payment | Payout Settlement Time |
Credit Card | 2-3 Days |
Direct Debit/ ACH | 2-3 Days |
ACH (First Transaction) | 2-4 Days |
Direct Debit UK (First Transaction) | 8 Days |