Payout panel

Once your tournament is marked as completed, the payout panel becomes the single screen that summarises every dollar that moved through your event and tells you exactly what arrives in your bank account.

What the panel shows

The panel displays three numbers, each derived directly from Stripe payment records:

• Total collected— the sum of every confirmed entry fee payment for this tournament, in USD, after Stripe's own processing fees have already been deducted by Stripe at the time of each charge.
• Platform fee — FishTourney charges 2% of the total collected, capped at $5.00 per tournament regardless of field size. The cap means organizers running large events pay no more than five dollars to the platform.
• Your payout — total collected minus the platform fee. This is the net amount transferred to your connected Stripe account when you mark the payout settled.

Worked example

Suppose you run a 25-angler event with a $50 entry fee:

• Total collected: $50 × 25 = $1,250.00
• Platform fee: 2% of $1,250 = $25.00, but the $5 cap applies, so $5.00
• Your payout: $1,250.00 − $5.00 = $1,245.00

The platform fee is intentionally low for larger events. A tournament with 200 anglers at $50 entry collects $10,000 and still pays the same $5 cap.

Initiating the payout

Entry fees flow directly into your Stripe Connect account at the time each angler pays — FishTourney does not hold funds in escrow. The Mark Payout Settled button records the final accounting: it deducts the platform fee from your Stripe balance and locks the payout record so the totals cannot shift. Click the button once after you are satisfied that registrations are final and no further refunds are expected.

The button is only available to organizers and co-organizers with management permissions. It is disabled while a payout is processing and disappears once settlement is confirmed.

After settlement

Once the payout is settled, the panel switches to a confirmation view showing:

• The exact amount transferred to your Stripe account
• The platform fee that was deducted
• The date settlement was recorded

These figures become the permanent record for this tournament. If a refund or dispute is processed after settlement, it will appear in your Stripe account activity but will not alter the recorded payout totals for this event — those are audit-safe snapshots.

If a payout attempt fails

In rare cases — for example, if your Stripe account requires additional verification — the payout may fail. The panel will display a warning and allow you to try again once the issue in Stripe is resolved. Check the Stripe dashboard for the specific reason; common causes include an expired bank account on file or a temporarily restricted account.