Question
When does Rivly distribute payments to its sellers?
Answer
For a given order, Rivly makes the funds available for the next payout to the seller 7 days after the item is marked as delivered by the carrier.
Additionally, since we know that normal bookkeeping is tracked on a monthly basis, we wanted to eliminate any pay period overlap that would create accounting headaches. As such, Rivly distributes payouts to its sellers for any available balance in their account on the 1st and the 16th of every month.
Payouts are done via ACH transfer and can have processing times averaging 2-3 days depending on your bank before funds are available for use in your linked bank account.