Payment Settlement After Customer Pays
Stripe’s standard settlement timeframe is T+7, but with Aspire, you could receive funds in just T+3.
To be eligible, you must set up your Stripe account through Aspire and set Aspire as your payout account. We’ll then request T+3 settlements on your behalf. If approved by Stripe, you’ll receive a confirmation email.
Approval is subject to Stripe’s review and eligibility criteria.
Stripe Payout Process
Once settled, daily payments are automatically transferred to your preset payout account after Stripe deducts applicable fees. For more details, refer to Stripe’s FAQ.
To have a seamless all-in-one experience, make sure your Aspire SGD account is set as a payout account on Stripe.
If your invoice or payment link isn’t settled in Aspire, a message will appear on the details screen. Admin and Finance users can update the payout account to Aspire by clicking “Update payout account.”
Note:
Company directors who click the link are automatically redirected to the Stripe business settings page.
Aspire admin and finance users who are part of the connected Stripe account will be prompted to log in. Those not associated must use the connected account’s credentials to access the business settings page.
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.