Paying Out
Last updated July 19, 2024
Once you get your first set of orders in Hotplate and want to withdraw your money go to the transactions tab, you'll be prompted to setup with out payout provider, Routable. Once you do you'll be free to pay yourself out!
There are no fees to do a payout, get that 🍞!
Depending on your bank and how much you have available to pay out you will see some or all of the following options to payout:
| Delivery method | When you'll receive payment | Fee for transaction | Cutoff time | Transaction limit |
| Standard ACH | 4-5 business days | FREE | 2pm PDT | $100,000 |
| Expedited ACH | 2-3 business days | FREE | 2pm PDT | $25,000 |
| Next Day ACH | 1 business day | FREE | 2pm PDT | $25,000 |
Keep in mind that missing a cutoff time can potentially delay your payout longer than you might expect. For example, if you initiate a payout on Friday afternoon/evening, you won't receive it until Monday evening.
Always feel free to reach out to us at support@hotplate.com or text / call us at (214)833-9248, and we'll gladly help you with anything you need!