We use Stripe, a payment processing company, to ensure you get paid in a secure and timely manner. When you are accepted to sell on Abound, you can set your payout preferences from the Payouts section in your account settings. From here, you'll be prompted to set up a Stripe Connect account and add your bank account information for the account you wish to receive payment in. If at any point you wish to update your information, you can do so from the Payouts section in your account settings.
Payment timing is determined by the commission option you choose. Once you've been paid out, it takes 2 business days on average for the funds to transfer from your Stripe account to your connected bank account.