airtasker.com

When will I receive payment?

Once the Poster has agreed that the task has been completed, they will release the payment. When they click this button, payment is immediately released from Airtasker and begins its journey to you. 

Our payments are handled through a world class third party payment provider called Stripe. Due to processing times between Stripe and your bank, the payment should arrive in your nominated account within 2-5 business days after release.

If you're having trouble getting the payment released from your Poster, see here for help.

To help you understand the payment journey better, please see below a detailed explanation of how payments work on Airtasker.

The payment journey

When an offer is accepted and a task is assigned to a Tasker, the payment amount is securely transferred to Stripe (who hold the funds in escrow). It takes between 1-2 days for this transfer to be complete, depending on the individual financial institution.

While the task is being completed the payment is securely held by Stripe.

When the task is complete as confirmed by the Poster, a payment release request is sent to Stripe. The payment is then transferred to the Tasker’s bank account. This process overall takes 2-3 days, depending on the time and day that the request is made and the individual financial institution.

This is why payment will take between 2-5 business days in total to arrive to your bank account.

Why do some task payments come through quickly, and some take longer?

Tasks all have different timeframes - sometimes they’re posted, assigned and completed over a few days, sometimes this all happens in a matter of hours. Regardless of the task timeframe, the payment system requires processing time.

Example 1:

Mike posted a task on Wednesday. The payment is processed overnight and recognised by Stripe on Thursday. Mike gets a few offers but he’s busy, so doesn’t assign the task until Friday. Tasker Nick completes the task on Saturday, and requests payment. Mike confirms the task has been completed on Saturday. Stripe receives the release request and processes the payment on Monday, the next business day. Nick then receives the funds in his bank account on Tuesday - three days after he completed the task.

Example 2:

Jamie posts a task on Wednesday. Tasker Simone makes an offer and Jamie assigns the task straight away. The payment is being secured by Stripe but has not arrived yet. Simone completes the task on Wednesday and requests payment. Jamie confirms the task has been completed the same day, and Stripe receives the release request on Wednesday - however, the funds are not available to Stripe until Thursday. Once the funds are with Stripe on Thursday the release request is actioned. Stripe releases the payment, which takes two business days to process. Simone receives the payment on Tuesday, five days after he completed the task.

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