Payouts are issued through direct deposit to the bank account on file after bookings are completed.
To ensure payouts are received without delays, hosts must ensure their banking and identity verification information is correctly set up in their Peerspace account.
You can add or update your banking information from the Payments page on your account, using a web browser. For more detailed information, review this support article.
Typically, you can expect payouts to arrive within 3–5 business days following your confirmed bookings, though it may take up to 7 business days depending on your bank. Funds are released and processed 72 hours after booking completion, and then can take a few days to settle while they are in transit to your bank account.
You can view your payout history to check the status of pending payments at any time from your payout dashboard.
Within 72 hours after each completed booking, you will receive an email notification that your payout has been “scheduled.” Once it’s en route to your account, it will show as “processing.” Once it’s received, it will show as “paid.” Learn more about your payout statuses here.
Factors that can delay the payout process include holidays, opened disputes on the booking, invalid banking information on file, as well as being a booking outside the US, as these can take a few additional days to process.
If a booking results in overtime charges or damages, hosts must report these issues to Peerspace within 72 hours of the booking's conclusion. Peerspace will coordinate with the guest to include any approved charges in the payout, or a secondary payout may be issued.
If you do not see a deposit in your bank account after 7 or more business days following the event, please notify our team.