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How do payouts work when shopper has paid using PayPal?

What does the flow of funds look like?

Paypal transaction > Purple Dot's Paypal account > your Paypal account

Card transactions > Purple Dot's Stripe account -> your Stripe connected account -> your bank account

Where can I view the PayPal held balance and upcoming payout?

Both card (Stripe) and Paypal transactions are reflected in the Held balance. Upcoming payouts and Statements are visible separately within the Payouts section.