Schedule Recurring Payouts

Save time and ensure that your vendors are always paid on time by scheduling recurring payments in VendorPayout. 

Before You Begin

Prior to setting up recurring payments for your vendors:

• Your PayPal account must be added to VendorPayout and PayPal Payouts must be active in your PayPal account.
• You must have sent at least one successful payout to a vendor from VendorPayout using your PayPal account.

Set Up Recurring Payouts

1. Launch VendorPayout and go to Payouts.
   
   
2. Click the Recurring Payouts button.
   If the Recurring Payouts button is not available then you have not yet sent at least one payment to a vendor.
   
   
3. Click the Create new recurring payout button.
   
   
4. Select the vendor the recurring payout applies to from the Select a Vendor drop-down menu.
   
   
5. Specify whether you wish for the payout to occur Monthly, Weekly, or Daily.
   
   
6. Select whether or not you would like to add a grace period to your payouts. Adding a grace period gives you time to adjust for refunded, cancelled, or fraudulent orders. Select from the following options:
   1. None: No grace period will be applied. For example, payouts made on June 1st will be for orders in the month of May.
   2. 30 days: Select this option if you would like the payouts to occur for the previous month. For example, payouts made on June 1st will be for the month of April.
      
      
7. Configure the Vendor's PayPal Profile by filling in the following information:
   1. PayPal Currency: Select the payment currency for the vendor.
   2. PayPal Account: Enter the vendor's PayPal account email address.
      In the US, you can also enter the vendor's Venmo mobile number.
      
      
8. Select whether or not you wish to approve the payout payment in the Moderation section. Select from the following options:
   1. Auto Approve: You will not need to approve the payout. It will be paid automatically.
   2. Approval Required: You will receive an email at the email address you specify and will need to approve the payment prior to the vendor being paid.
      
      
9. Click the Submit button to save the recurring payout.
   
   

The recurring payout will be created and will be displayed on the Recurring Payout Setup screen.

Edit or Remove a Recurring Payout

1. Go to Payouts.
   
   
   
2. Click the Recurring Payouts button.
   
   
   
3. Click the vendor name link in the Vendor column of the list of recurring payouts.
   
   
4. Update the appropriate settings on the Edit Recurring Payout screen and click the Submit button.

Remove a Recurring Payout

Click the Remove link to permanently delete the recurring payout from VendorPayout. The vendor will no longer be automatically paid.

Additional Reading

• View Commissions & Pay Your Vendors
• Manage Vendor Payouts
• Add Your PayPal Account