There are 2 ways Payability is repaid for the sales we advance to you daily as part of our Instant Access service:
- Directly from the marketplace payouts. Payability is the deposit account on your marketplace. After each marketplace payout is deposited in our bank account, we are repaid for the sales we have advanced to you daily, and the corresponding ‘reserve’ is released to your Available Balance. The reserve is the portion of sales we did not advance to you early as part of our service.
- Bank account debits (ACH debits). Your own bank account is the deposit account on your marketplace. After each marketplace payout is deposited into your bank account Payability will initiate a same-day debit for the percentage of sales we had previously advanced to you daily. The remaining amount of the marketplace payment is your “reserve” and is free for you to use as Payability did not advance that amount to you.