ROSEWHAT'S NEWRose Pay 💸: pay consignors straight to their bank
Skip the checkbook. With Rose Pay your payouts go by ACH bank transfer from the store's bank account to your consignors' and vendors' own bank accounts - one at a time or a whole batch at once.
No checks to print
Choose payment type ROSE PAY on MAKE PAYMENT or BATCH PAYOUT. The money usually arrives in 1–3 business days.
Batch payouts
Pay everyone in one go. Consignors who haven't added a bank yet are skipped with a message, so you can pay them another way.
Always know where it is
Every payout shows its status: waiting, on its way, paid to the bank. If a bank refuses a transfer, Rose undoes that payout and tells you with a pop-up.
Bank details stay private
Consignors type their bank details into our payments partner Dwolla's own secure form - the numbers never pass through or stay in Rose.
Set it up
- Verify the businessIn Administration → Settings → Payouts, click VERIFY THE BUSINESS and fill in Dwolla's form (business details, EIN, the controller). Add beneficial owners if asked.
- Link the store's bankClick LINK THE BANK ACCOUNT. Two small deposits arrive in a day or two: enter them with VERIFY THE 2 DEPOSITS.
- Switch it onClick SWITCH ROSE PAY ON. ROSE PAY now appears as a payment type for consignors who have added their bank.
- Tell your consignorsThey sign in to myPortal and click ROSE PAY - GET PAID TO MY BANK, accept the terms and add their bank. That's all they need to do.
Step-by-step guides
Questions
How long does a payout take?
Usually 1 to 3 business days from when you make the payout.
Can I undo a Rose Pay payout?
Yes, until the transfer has gone out: UNDO PAYOUT cancels it. Once the money has reached the consignor's bank it can't be undone in Rose.
What if a transfer fails?
For example a closed account: Rose undoes the payout automatically (the sales are unpaid again) and shows you a pop-up, so you can pay that consignor another way.
Does it work with QuickBooks?
Yes. With QuickBooks connected, Rose Pay payouts are recorded too (tick ROSE PAY in the QuickBooks settings).
Who is Dwolla?
Dwolla is the payments company that moves the money for Rose Pay. Stores and consignors accept Dwolla's Terms of Service and Privacy Policy when they set it up.