What is Express Payouts?
Express Payouts is a feature that lets you speed up your tenants’ ACH payments. Instead of the usual 5 business days, you’ll see your tenants’ ACH payments deposited to you in 3 business days if you use Express Payouts.
Express Payouts costs $2.99 per unit per month, and we’ll only bill you if at least one of your tenants makes an eligible ACH payment at a unit you've chosen for Express Payouts. A tenant must make one successful payment in Cozy before their payments will be eligible for Express Payouts.
You can enable or turn off Express Payouts by unit from your Paid Services page.