Snackpass offers you three payout schedule possibilities: Daily, Weekly, and Expedited.
When Snackpass partners join us, the default payout schedule set is Daily. However, you can change your payout schedule anytime by going to Settings > Account & Tax > Payout Schedule and selecting the payout schedule of your choice under Schedule Management.
Daily Payouts
Payout is initiated Monday through Friday at 9:00 a.m. Pacific Timezone.
Each payout covers a 24-hour period from midnight to midnight in your store's timezone.
Depending on your financial institution, it generally takes around 1-2 business days for the money to arrive in your account once it's initiated.
This means you should receive your payout 2 to 3 business days after the day of earning.
When will I receive daily payouts for sales that happen on the weekend?
Payouts that fall on Friday, Saturday and Sunday, will be initiated the following Monday, and you should receive the payouts on the following Tuesday or Wednesday. This means you will receive three payouts on the same day.
Weekly Payouts
The second payout policy Snackpass offers is weekly payouts.
Each payout covers the preceding Monday through Sunday, and these are batched together and sent and initiated every Tuesday at 9:00 a.m. Pacific Timezone.
Day cutoffs are midnight in your store's timezone.
Depending on your financial institution, it generally takes around 1-2 business days for the money to arrive in your account once it's initiated. This means for most partners, payouts will arrive on Wednesday or Thursday.
Expedited Payouts
The third payout policy that Snackpass offers is expedited payouts. This is the fastest payout policy that Snackpass offers. Each payout covers the preceding 24-hour period from your store's timezone cutoff to the following day's timezone cutoff, with payouts initiated daily at 4pm Pacific Time. Below is a comprehensive list of timezone cutoff times across different timezones. Note that some partners may prefer daily payouts over expedited payouts as they are easier to correlate with full business days, since they correspond to midnight to midnight time periods.
Central Time Zone: 5pm
Eastern Time Zone: 6pm
Mountain Time Zone: 4pm
Pacific Time Zone: 3pm
Alaska Time Zone: 2pm
Hawaii–Aleutian Time Zone: 1pm
Timezone cutoff times are consistent the whole year round regardless of daylight savings time.
*The Expedited Payout policy is currently a beta product that is under development. If you are interested in being an early user and would like to find out more about this feature, please message our support team and we may be able to turn on the feature for you.
Changing Your Payout Schedule
As a Snackpass partner, you can change your payout policy yourself under Settings > Account & Tax > Payout Schedule. It's important to note that you will only be able to change it after payouts onboarding is complete on that page. Under Schedule Management, simply select you payout schedule of your choice, and once selected, click on the submit button on the bottom right corner to save the changes.
Transition between schedule selections will take effect as follows:
Weekly -> Daily: After the Tuesday payout.
Weekly -> Expedited: After the Tuesday payout.
Daily -> Weekly: After the Monday payout.
Daily -> Expedited: Following calendar day.
Expedited -> Weekly: After the Monday payout.
Expedited -> Daily: Following calendar day.
If you have any questions or encounter issues configuring your payout schedule, feel free to reach out to our Snackpass partner support team. You can contact us via live chat in your partner app, by phone at 866-868-2146, or through email at [email protected].