# Payouts (/v2/merchant-of-record/payouts)



<Callout type="warn">
  Pandabase v2 is still in development, and we're still writing these docs. Some content may be inaccurate, incomplete, or inconsistent between pages.
</Callout>

A payout transfers your earnings to your bank account. The amount you receive reflects transaction fees and any applicable refunds, disputes, or other adjustments.

## Before your first payout [#before-your-first-payout]

Complete the identity verification described in [Start selling](/v2/quickstart). You can accept payments before verification, but we need to verify your identity before releasing payouts.

Make sure the bank details you provide are correct. An incorrect account number or a closed account can delay or prevent a transfer.

## Fees [#fees]

| Destination                  | Fee                                            |
| ---------------------------- | ---------------------------------------------- |
| US bank account, through ACH | $1 per payout                                  |
| International bank account   | 2–4% + $1 per payout, depending on the country |

Payout fees are separate from transaction fees. See [Pricing](/v2/pricing#payouts-and-other-services) for the full fee list.

## Timing [#timing]

The v2 payout schedule, minimum payout amount, and settlement times are still being documented. Confirm the terms for your account before planning around a payout date.

## If a payout hasn't arrived [#if-a-payout-hasnt-arrived]

Check the payout status and destination bank details first. When contacting support, include the payout ID, amount, currency, and date. If the transfer has been sent, your bank may also need its reference to locate it.