Basically, the major objective of the fast pay option is to enable drivers and dashers to access their monetary benefit at the earliest possible time, mostly within days, by only paying a small fee of around $1.99. This implies that as a dasher, you do not have to wait for weekly payouts before getting your cash through the dasher direct or direct deposit.
The fast pay option gives you access to your money on a daily basis, but it is necessary to have a debit card as the fast pay service cannot be used with a prepaid service. To use the fast pay service, there are certain necessary requirements that need to be met, such as;
- To be eligible for fast pay service, you are required to have completed at the very least 25 dash
- You are also required to have spent a membership time of at least 2 weeks with DoorDash.
- There is also the need to have set up the fast pay service, and you should link your debit card to your fast pay account. The set up is expected to have been done 7 days before so as to complete the number of processing days, which is also seven days.
- Lastly, you are expected to not have done a debit card update at least 7 days ago. You should not also re-enter your card information within seven days.
To set up your fast pay, follow these steps:
- All you have to do is visit the earning area of your DoorDash app, and select the fast pay set up banner.
- Make sure that direct deposit is associated with your personal account, then click on Set up Fast Pay again.
- You can now fill in all the necessary information on your debit card.
These steps will help you access your funds with fast pay. However, there are situations where money is not available for the fast pay service or fast pay money isn’t showing up. It is probably because those weekly earnings that weren’t sent through fast pay by 11:59:59 pm(pst) on that Sunday will have been forwarded to your normal weekly payment, which you can receive within a period of 2 to 3 business days later, that is on the Tuesday or Wednesday of that week through direct deposits.
How long will it take before my money is available for DoorDash fast pay
Some people often ask when fast pay fund deposits are done, when will the money be available for withdrawal, and will it take time before funds are available? We will answer these questions in this article.
You should know that if you just set up direct deposit, the length of time before you are enrolled in fast pay could be up to 90 days. This is based on your employer, meaning that in some cases, it may happen sooner.
Note that all fast pay deposits are posted around 12:01 am or 7:01 am depending on when they are received. For those that recently signed up, there is always a 7-day timeframe within which verifications are done and withdrawals will be made available on the eighth day.
Why can’t I use DoorDash fast pay?
If you are unable to use the DoorDash fast pay service, there are certain reasons that contribute to this. We will be looking at some of these problems and the reasons for them.
If at all, you are unable to cash out, know that the fast pay service only allows cash out just once a day. And when changes are made to your debit card, your account will be restricted for a period of 7 days for protection and verification. Once you are emailed about any alterations not made by you, ensure that you immediately change your password and correct the debit card information.
Also, if you attempted cashing out after one delivery and it was not working, it might be that your earnings are still being processed and will be made available for cash out once processed.
Other times, when you experience difficulty, try updating to the latest Dasher version and be aware that your financial institution might regulate debit card transactions. Hence, having too many transfers may stop fast pay.
How often can I cash our earnings with fast pay?
Fast pay enables you to access dash benefits on a daily basis, meaning that you do not need to wait for the regular weekly routine cashout. With fast pay, money from dash is accessible with just a small fee of $1.99. But you should also bear in mind that banking institutions regulate daily transactions on your debit card for safety purposes.
Having too many daily transactions on your debit card may cause your fast pay to not work. This fault has nothing to do with DoorDash, so make sure you contact your bank if you cannot receive fast pay payment at the moment.
When will fast pay funds be available in my account?
This is a rather technical question, but you should know that cash is transferred into your account almost immediately. However, there might be a delay from your banking institutions based on how fast incoming transactions are processed.
While some banks’ processing times are slow, especially when there are too many transactions, it may take days before all incoming alerts fully arrive on your debit card, other banks’ may arrive almost immediately. For first-timers using fast pay, your bank may want to review the transaction before approval, hence the delay.
Note that all funds will arrive in your fast pay account immediately after every dash is completed and signed. You may be informed through an email, which will notify you of the amount transferred in and when it was transferred. A debit card account is needed to be able to fast pay funds. Other cards are not approved by DoorDash for the fast pay program.
Is fast pay available throughout America?
If you are a dasher in the United States, you can access the fast pay service so long as you meet eligibility. Irrespective of your region, fast pay is not restricted and is available throughout America only.
If you happen to be a dasher in Canada, though there is no fast pay in the region, you still have access to similar services like the daily pay program. Daily Pay is a third-party program, partnering with DoorDash to help Canadian dashers access instant payments.
Do other delivery services have fast pay?
DoorDash is not the only food delivery service in the United States, as there are the likes of Instacart, Grubhub, Postmates, etc. One distinguishing characteristic of DoorDash compared to these food delivery services is that they do not offer instant payments of any sort to drivers.
On the other hand, food delivery services like Uber Eats do offer the instant pay program and Caviar, using the cash app. One major reason why dashers or delivery drivers will want to partner with DoorDash is the instant pay program, but Caviar and Uber Eats also have instant pay, thus the competition.
What is the best way to cash out on DoorDash?
Working as a door dasher is really great as you have control over your work life and you decide how long you will work. There are also many ways you can access your funds as a delivery driver with DoorDash.
Basically, there are four ways you can access your monetary benefit as a dasher, and each way is up to you. You can choose to cash out through direct deposit. If you use the Cash App, you can turn on direct deposit from your employer. Just like every other bank account, you have routing numbers on your cash card. There is also a fast pay which allows you to withdraw your funds every day after your dash. The fast pay program keeps funds in your account way faster than the normal methods of payment.
Is it necessary to wait for 7 days before using Fast Pay?
DoorDash does not just tell you to wait for 7 days because they wish to hold your money, the wait period is a standard procedure used to verify your information for security purposes. One function of this security measure is that it alerts the company when someone is trying to alter it. They will use your payment information with the aim of stealing your funds and to inform you to change your password.
Irrespective of your position in the company, no matter how long you have worked with DoorDash, the seven-day wait still applies to you as long as you are trying to activate the fast pay feature, and the process will not be bypassed for you. This wait time helps them to verify all your credentials and ensure that you do not lose your funds.