Drip offers an Early Payout option that allows eligible sellers to access their funds sooner than the standard payment timeline. Instead of waiting for payouts after an order is delivered, Early Payout enables you to receive payment upon label creation. Here’s how Early Payout works and what you need to do to qualify for it.
What is Early Payout?
Early Payout allows sellers to receive their earnings as soon as a shipping label is created, rather than waiting for the typical 48 hours after the item is delivered to the buyer. This feature can provide sellers with quicker access to their funds, helping to improve cash flow and business operations.
How to Qualify for Early Payout:
Drip automatically evaluates seller data every Friday to determine eligibility for Early Payout. Sellers who meet the following criteria will be granted access:
Sales Volume: You must have sales exceeding $5,000 (before fees) and at least 200 orders.
Seller Rating: You need a seller rating of 4 stars or higher to qualify.
Activity on Drip: Sellers must be active on the platform for more than one month.
Consistency: You need to meet the above criteria consistently within the last 60 days to maintain Early Payout eligibility.
Maintaining Early Payout:
To continue benefiting from Early Payout, you must keep meeting the above criteria. Drip reevaluates sellers on a weekly basis, and if you drop below the required standards, you may lose access to Early Payout.
If a seller loses Early Payout access due to a violation of Drip’s community guidelines, they will need to appeal the decision or meet the eligibility requirements again during the next evaluation period.