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How direct payouts work, in 4 minutes.
Every Jamrats organizer gets paid directly to their own bank. That detail does a surprising amount of work — it’s the reason your money never sits in our balance, the reason your customer list is yours, and the reason bank disputes land in your dashboard instead of a vendor’s support line.
You are the official seller
In a typical hosted-payment marketplace, the platform is the merchant. Buyer funds land in the platform’s account; they hold them for some number of days; eventually they pay you. Direct payouts flip this. Each organizer gets a verified payout account in their name — when a buyer pays, the money goes to that account, not to ours.
What Jamrats does
We construct the charge: ticket price, our flat fee, your payout account, the tax config you set. The payment processor routes the money — your share to your balance, our flat fee to ours. We never hold buyer funds, and you never hand us your bank info directly.
What changes vs hosted ticketing
The big shift is that your money sits in your own payout account, not a platform’s. By default you’re paid once, three business days after your event ends, and daily or weekly payouts are available once approved. You also see bank disputes in your dashboard the moment a buyer files one, with a form ready for your proof.
The trade-off: you’re responsible for completing a one-time identity verification (takes a few minutes), and your business name appears on the buyer’s credit-card statement instead of ours. That’s a feature, not a bug.
Currency conversion
You sell tickets in the local currency of your organization’s country — organizers can sign up from 40+ countries. The payment processor handles currency conversion at payout time if your bank account is in a different currency. We don’t mark up conversion — the rate you get is the processor’s published rate.