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

# Receiving Payments

> Track and receive your contractor payments

## Overview

Once your invoice is approved, Toku processes your payment according to the schedule and method you've set up.

***

## Payment Flow

<Steps>
  <Step title="Invoice approved">
    Your client approves your submitted invoice
  </Step>

  <Step title="Payment scheduled">
    Payment is queued based on the payment schedule
  </Step>

  <Step title="Payment processed">
    Toku sends payment via your preferred method
  </Step>

  <Step title="Payment received">
    Funds arrive in your account
  </Step>
</Steps>

***

## Payment Methods

### Bank Transfer

* Direct deposit to your bank account
* Processing time: 2-5 business days
* Supports most countries and currencies

### PayPal

* Sent to your PayPal email
* Processing time: 1-2 business days
* Standard PayPal fees apply

### Cryptocurrency

* Sent to your crypto wallet address
* Processing time: Same day (network dependent)
* Supports Bitcoin, Ethereum, and others

### Stablecoin

* Sent to your wallet address
* Processing time: Same day
* Supports USDC, USDT on multiple networks

***

## Setting Up Payment Methods

<Steps>
  <Step title="Go to Settings">
    Click **Settings** in the sidebar
  </Step>

  <Step title="Select Payment Methods">
    Click **Payment Methods**
  </Step>

  <Step title="Add your method">
    Choose and configure your preferred method:

    * Bank: Enter account and routing numbers
    * PayPal: Enter your PayPal email
    * Crypto: Enter your wallet address
  </Step>

  <Step title="Set as default">
    Mark your primary payment method as default
  </Step>
</Steps>

***

## Processing Times

| Method               | Typical Time      |
| -------------------- | ----------------- |
| Bank (US)            | 2-3 business days |
| Bank (International) | 3-5 business days |
| PayPal               | 1-2 business days |
| Crypto               | Hours to 1 day    |
| Stablecoin           | Hours to 1 day    |

***

## Payment Schedule

Your client sets the payment schedule:

* **On Approval** — Paid immediately when invoice is approved
* **Weekly** — All approved invoices paid weekly
* **Bi-weekly** — Payments every two weeks
* **Monthly** — End-of-month payments

Check your engagement details to see your payment schedule.

***

## Tracking Payments

### Payment Status

| Status         | Meaning                                     |
| -------------- | ------------------------------------------- |
| **Pending**    | Invoice approved, payment not yet processed |
| **Processing** | Payment has been initiated                  |
| **Completed**  | Payment sent successfully                   |
| **Failed**     | Payment failed — check your payment method  |

### Payment History

View all past payments in **Payments** > **History**:

* Payment date and amount
* Payment method used
* Invoice reference
* Transaction details

***

## Payment Notifications

You'll receive notifications when:

* Your invoice is approved
* Payment is processing
* Payment has been completed
* There's an issue with payment

***

## Troubleshooting

<AccordionGroup>
  <Accordion title="Payment shows 'Failed'">
    Check that your payment details are correct. Update if needed and contact support to retry the payment.
  </Accordion>

  <Accordion title="Payment is taking longer than expected">
    Bank transfers can take up to 5 business days for international payments. If it's been longer, contact support.
  </Accordion>

  <Accordion title="I received less than expected">
    Check for any fees (PayPal fees, bank fees) or withholding that may have been deducted. View payment details for breakdown.
  </Accordion>
</AccordionGroup>

<Tip>
  **Contractor Guide** — Step 3 of 4. [Previous: Submitting Invoices](/contractor/user/submitting-invoices) | [Next: Tax Information](/contractor/user/tax-information)
</Tip>

***

## Next Steps

<Card title="Tax Information" icon="file" href="/contractor/user/tax-information">
  Manage your tax documents
</Card>