How Will I Get Paid?
MatchSquare utilizes a payment facilitation organization called Stripe to securely manage our Payment and Payout events. Every Brand Partner that joins MatchSquare will be required to provide the following information during their account set-up prior to being made live on the Marketplace:
- EIN
- Routing Number
- Account Number
- Any additional Business Information required by Stripe to verify your identity
Once this information is securely collected, all Payouts from MatchSquare are automatically deposited into the ACH account linked via Stripe. You can track your Payouts (both historical and upcoming) by navigating to Finance > Statements.
MatchSquare also provides Brand Partners with the option to download their Payout Statement, which includes the following per Order in the Payout:
- Payout Date
- Order Number
- Order Date
- Shipped Date
- Retailer Name
- Type
- Product Total
- Commission Rate
- Commission Total
- Shipping Cost
- Payout Amount
When Will I Get Paid?
MatchSquare pays out our Brand Partners for Shipped Orders on a bimonthly basis, on the 1st or the 15th of the month. This payout is approximately 15 (or more) days in arrears, depending on the date in which the order is marked as Shipped. All Payouts occur automatically via our payment facilitation partner, Stripe. Please note that while the funds are released on the 1st or the 15th, it is normal to see a 2 or 3 day processing time before the funds are available to Brand Partners.
Example Scenario: A Retailer places an order on the 3rd of the month. After Accepting the order, the Order is then marked as Shipped on the 5th. This order is then batched in the 1st-14th Payout Window, which will be deposited into your Stripe-linked ACH account on the 1st of the next month.
Alternative Scenario: A Retailer places an order on the 14th of the month. After Accepting the order, the Order is then marked as Shipped on the 17th. This order is then batched in the 16th-End Of Month Payout Window, which will then be deposited into your Stripe-linked ACH account on the subsequent 15th of the next month.
Please contact support@matchsquare.com with any questions about your Payout.