> ## Documentation Index
> Fetch the complete documentation index at: https://help.trykarat.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Scheduling payments

> Schedule a Karat Payment for a future date, set up a repeating payment, and skip, pause, edit, or delete what's coming.

Pick a date, and Karat sends your payment on that day, once or on repeat. Use this for recurring payments such as retainers, stipends, or regular contractor payments.

> [!NOTE]
>
> Scheduled payments are rolling out gradually and may not be available on your account yet.

## Schedule a one-time payment

1. Open your [Payments Dashboard](https://app.trykarat.com/payments) and select **Send payments**. Add your recipients and amounts, then select **Continue**.
2. Under **Payment settings**, pick a **Send on** date. It can be any day after today, up to 12 months out.
3. Check the summary of recipients, amounts, and fees, and choose the account that funds the payment.
4. Select **Schedule payment**.

To pay right away instead, leave **Send on** at **Today**.

![Payment settings with a Send on date and Repeat this payment turned off](https://mintlify.s3.us-west-1.amazonaws.com/karatfinancialtechnologies/images/payments_scheduled_one_time.png)

Scheduling a payment doesn't move any money. Karat sends the payment on each scheduled date from the account you selected. Payments scheduled on a weekend or bank holiday arrive the next business day.

## Set up a repeating payment

1. Start the same way: select **Send payments**, add recipients and amounts, then select **Continue**.
2. Turn on **Repeat this payment**.
3. Enter a **Schedule name** so you can find the schedule later, and set **Start on** to the first send date.
4. In **Repeat on**, choose how often the payment repeats, such as every week or monthly, or choose **Custom**.
5. For **Custom**, set **Repeat every** to a number of weeks or months. For weeks, choose the weekdays the payment sends on. For months, choose **On day** to pick a day of the month from 1 to 31, or **Last day**.
6. Under **Ends**, choose **Never**, **On** a specific end date, or **After** a set number of payments.
7. Select **Confirm schedule**.

If you choose day 29, 30, or 31, months that don't have that day send on their last day instead. Choosing a day in **On day** also moves **Start on** to the next send date for that day. The summary shows the next send date and the monthly and yearly totals for a repeating payment.

![Payment settings with Repeat this payment turned on, a schedule name, a start date, and Monthly on the first](https://mintlify.s3.us-west-1.amazonaws.com/karatfinancialtechnologies/images/payments_scheduled_repeat.png)

## See what's coming

Open the **Scheduled** tab on your Payments Dashboard.

* **Upcoming** lists every payment in the next 12 months by send date. Switch between **Table** and **Calendar** to view the dates as a list or on a calendar.
* **Recurring** lists your repeating schedules. Expand a schedule to see its recipients and whether each one is sending, paused, or skipped.

![The Scheduled tab with the Recurring list and the Upcoming table of payments by date](https://mintlify.s3.us-west-1.amazonaws.com/karatfinancialtechnologies/images/payments_scheduled_tab.png)

## Change or stop a schedule

From the **Scheduled** tab, you can:

* **Skip a date.** In **Upcoming**, select **Skip** on that date. The rest of the schedule still goes out. To send on that date after all, select **Restore**.
* **Pause.** Select the pencil, then **Pause**. Nothing is sent until you select **Resume**. Payments that already sent don't change.
* **Edit.** Select the pencil, then **Modify payment details** to change the recipients, amounts, **Send on**, or **Repeat** settings, then select **Save**. Changes apply to every future payment from today, for every recipient in the schedule. A paused schedule stays paused until you resume it.
* **Delete.** Select the pencil, then **Delete**. For a one-time payment, select the bin. Future payments won't send, past payments don't change, and this can't be undone.

Karat asks you to confirm each of these actions before applying it.

> [!NOTE]
>
> Payments go out in the morning (Eastern Time) on the date you pick. If your balance is too low, that payment isn't sent and the person who set it up gets an email.

## Scheduling through the API

Developers can create and manage schedules with the Payouts API. See [Payment schedules](https://help.trykarat.com/developers/payment-schedules.md).

If you have questions, [contact Karat Concierge](https://help.trykarat.com/account-settings/contact-us.md).

*<sub>Karat is a fintech company, not an FDIC-insured bank. Banking and Card services provided by Grasshopper Bank, N.A., First Internet Bank of Indiana, and Cross River Bank, Members FDIC.</sub>*