Contents
Overview
If you've learned to collect payments and authorizations from your clients and send payments to your suppliers, there's one big step left to take.
It's time to get paid!
As you likely know by now, you can collect both direct payments and credit card authorizations from your clients using TravelJoy, and the option you've used will impact how you get paid. Let's quickly review the difference:
-
Direct payments are captured from the client's credit card or bank account
- In most cases, they're deposited into your trip or group's Funds balance
- Planning fees, when configured, are deposited into your bank account by default
- Credit card authorizations are collected and saved on invoices and client profiles
For the most part, you'll only have access to money generated from direct payments. However, we'll also share one way that you can turn an authorization into a direct payment that you can withdraw.Â
Withdraw direct payments
Withdraw from a Funds balance
For many TravelJoy members, direct payments will go into the trip or group's Funds balance automatically. To receive payouts from this balance, you can initiate a withdrawal which will be received in two business days. Learn more.Â
Automatic direct deposit (Planning fees only)
If your invoice is configured as a Planning Fee Invoice (or you’ve checked the “This is a planning fee” box on a Direct Invoice), the funds will be automatically deposited into your bank account. This applies once it’s been at least 5 business days since your first charge on the platform. This will take 2 to 7 business days depending upon the payment method. Learn more.
Withdraw a credit card authorization
You can convert any authorization from a supplier invoice into a direct payment, charging the card on file and placing the payment into your Funds balance. From there, you can then withdraw the Funds balance to your bank account. Learn more.Â
Â
Comments
0 comments
Please sign in to leave a comment.