Organization Payout Options

Where do I view/choose the organization's payout option?

You can access your Organization's Payout selection by going to the Organization Menu in the top left corner, choosing Preferences/Settings, then Billing and Banking. When you create your CUR8 account, you will be set up for Hard Check at project close by default.

CUR8 offers three options to receive your funds.

1. A hard check at the close of the event.
2. ACH at end of Project
3. Recurring Payouts.

You can change your account to end-of-event ACH or Recurring Payouts using the steps below. Please remember that no payouts can occur until your W9 is on file.

Hard Check at Close (default)

• • 95% of net credit card sales will be processed and mailed to you within five business days of your event closing. 
    • The check will be sent via USPS to the mailing address listed under Billing and Banking, to the attention of the contact name listed with the mailing address.
    • The check will be made out to the Organization Name unless discussed with accounting when the W-9 form is submitted.
  • The remaining 5% can be used to manage your event (refunds, late sales, chargebacks) for up to 60 days after closing. At that time, the remaining 5% is sent via hard check.
  • Fees apply.
  • Any Donations you have received will be paid out with both checks - the 95% and 5%.

ACH Electronic Deposit (end of an event)

• • Within five business days of your event closing, 95% of net credit card sales will be processed, and an ACH will be initiated.
  • Please send an email to support@cur8.com to request that your account be set up for End of Project ACH.
  • The remaining 5% can be used to manage your event (refunds, late sales, chargebacks) for up to 60 days after close. After 60 days, the remaining 5% is processed then, and an ACH is initiated.
  • A secure invite link will be emailed to you where you can enter your banking information.
  • Any Donations you have received will be paid out with both your 95% and 5% ACH deposits.
  • No payout fees

Recurring Payouts

• • CUR8 has partnered with Stripe, our payment processor, to offer electronic deposits of your revenue directly to your bank account. These electronic deposits can occur when you want them to:
    • daily deposit
    • weekly deposit
    • monthly deposit
  • At the end of each day, 95% of net revenue is transferred to your Stripe Connect account without touching any third-party bank accounts.
  • The remaining 5% can be used to manage your event (refunds, late sales, chargebacks) for up to 60 days after closing. At that time, the remaining 5% is processed and transferred to your Stripe Connect.
  • This means you have full access, transparency, and control of when and where the funds are transferred.
  • Any Donations you have received will be transferred daily to your Stripe Connect account and paid out to your bank account based on your payout timing.
  • No payout fees