How will I receive money from Online Gift Cards/Vouchers sold?

This article will show salons in Europe and Australia will receive money from online gift voucher sales

Note: This article is only applicable to salons in Europe and Australia that are receiving money from online gift card sales through Phorest processed by Stripe. USA salons will be subject to transaction fees and receive money aligned with their agreement with Bancard. 

Payment

PhorestPay payouts are done on a daily basis and take approximately 2 business days to land in your bank account.


How Much Does it Cost?

UK & Ireland

Gift Card/Voucher payments are subject to a 2.9% + 25c/p processing fee + VAT.

All fees will be deducted before the payout is deposited in your bank account.

Australia

Gift Card/Voucher payments are subject to a 5% processing fee + GST.

All fees will be deducted before the payout is deposited in your bank account.

To learn more about using Online Gift Cards to generate revenue, enrol in our Online Gift Cards course in Phorest Academy - online, on-demand, and on-the-go learning for busy salon professionals.

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