For iDEAL payments Momoyoga works together with payment provider Mollie. With Mollie you choose when the transactions are transferred. Mollie does not charge any extra costs if you want to be paid on a daily basis, for example. On the contrary, some customers prefer to receive payments on a monthly basis, for example, so that this is easier to process in the accounts. The payment always takes place in the morning, approximately between 10.00 and 11.00 hours. Because of this, you normally have the money in your account the same day.
The options are as follows:
- Every working day
- 1x per month (1st working day of month)
- 2x per month (1st or 16th)
- 4x per month (1st, 8th, 15th and 22nd)
- 2x per week (Tuesday & Friday + always on the first working day of the month)
Minimum credit balance
The minimum credit balance consists of the outstanding credit balance minus the transaction costs and possible refunds. The outstanding balance you see in your account is not equal to the minimum balance, because the transaction costs will be deducted.
The minimum balance that Mollie uses for payouts is € 5.
You can also choose to increase the minimum payout amount. This way you can make sure that you only receive an amount on your business account when it is at least € 100. If your balance is too low at the time of payout, it will automatically move to the next payout moment until there is € 5 or more balance in your account.