Palmstreet Official
The Overdraft & Backup Payment Program is designed to helps Palmstreet sellers maintain smooth business operations, even when the available balance is insufficient. This program provides overdraft funds for essential activities like purchasing shipping labels, processing refunds, and upgrading seller plans.
Sellers who enroll in the program can use overdraft funds when needed, with repayments handled automatically through future sales or a backup payment method.
Once enrolled, overdraft can be used to complete essential actions when available balance is insufficient. This helps ensure business operations continue without delay.
Overdraft can be used for:
The program can be accessed directly in the app under Profile > Settings > Earnings. To enroll:
Overdraft limits are set based on the seller’s plan:
When overdraft is in use, the Available Balance may display a negative value. To view overdraft usage and repayment details:
Sellers can update their backup payment method or disable the program at any time: