With Yoco, getting paid is simple. Choose how you’d like to receive your money – within minutes, the next morning, or on a set day each week. However you run your business, Yoco makes sure your hard-earned cash gets to you quickly and securely.
✨ Please note: We are required by law to confirm your identity and verify your business before we can start paying you out. These checks also help us keep the Yoco payment network and community safe from fraud and financial crime.
Getting set up for payouts
Provide us with any additional paperwork, depending on your business type – click here for more information.
Start transacting and getting paid.
✨ Need to change your bank details? Click here for a step-by-step guide.
Payout types
Yoco currently offers four convenient ways to get paid:
✨ Please note:
1. Standard Payout
Yoco reconciles your transactions at midnight every day.
Your payout reflects in your account after 1–2 business days (bank dependent).
Card transactions processed after midnight are added to your payout total for the following day.
Sundays and public holidays delay the Standard Payout process.
Standard Payout Schedule
Transaction happens before midnight on | Yoco pays you out on | Payout reflects in your bank account on |
Monday | Tuesday | Wednesday/Thursday |
Tuesday | Wednesday | Thursday/Friday |
Wednesday | Thursday | Friday/Saturday |
Thursday | Friday | Saturday/Monday |
Friday | Saturday | Monday/Tuesday |
Saturday | Monday | Tuesday/Wednesday |
Sunday | Next business day | 1–2 days later |
Public holiday | Next business day | 1–2 days later |
✨ Sundays and public holidays are not considered banking business days, so the payout process only starts on the next business day. For example, if there’s a public holiday on a Friday, Yoco will submit your Thursday payout to the bank on Saturday and, depending on your bank, you'll receive the money in your account on Monday or Tuesday.
2. Weekly Payout
Your payout reflects in your account by 8am on your chosen day of the week.
Your payout day can be any day of the week, including Saturday and Sunday.
Weekly Payout is not affected by public holidays.
Click here to find out more about Weekly Payout.
3. Fast Payout
Your payout reflects in your account by 8am the next day, seven days a week (including Sundays and public holidays).
Fast Payout is free on the Pro Plan.
✨ Click here to find out all about Fast Payout.
4. Instant Payout
Instant Payout is available 365 days a year.
Your requested amount is deducted from your eligible balance and paid into your bank account immediately.
Any remaining balance is paid out according to our Standard Payout schedule.
✨ Click here for more about Instant Payout.
Payout delays
Delays to you Yoco Payout can happen for a number of reasons. Here are a few issues that can affect when your payout lands in your bank account.
Bank processing times
Your bank typically takes 1–2 business days to process your payout and reflect the funds in your account.
Weekends and public holidays
Banks don't process payouts on Sundays or public holidays. Any payouts due on these days will start processing on the next business day.
Transaction reviews In some cases, we may need to review transactions to keep payments secure. During this time, payouts may be temporarily paused for up to seven working days.
First payout
After your account has been verified, your first payout is usually processed within 24 hours and should reflect in your bank account within 24–48 hours, excluding weekends and public holidays.
Updated bank details
If you've recently changed your bank account details, we'll need to verify them first. Once verified, your payouts will continue as normal.
Minimum payout amount
Your available Yoco balance must be at least R10 before we can pay you out. If your balance is below R10, it will roll over until you reach the minimum payout amount.
Changing your payout type
Keen to change the way you get paid out by Yoco? It's easy to switch between Standard, Fast, and Weekly Payout in the Yoco App (mobile or web).
Select the Money tab.
Select the Manage Payout tile.
Select the payout type you'd like to change to – Standard, Fast, or Weekly Payout.
✨ You can change your payout type as often as you like to meet your evolving business needs.
Tracking your Yoco payouts
We process payouts every day, so we don't send a notification for each one. Instead, you'll receive a monthly invoice showing all the payouts you received during that month.
You can also check the total of your next Yoco payout, and view all previous payouts, in the Yoco App (mobile or web).
Select the Money tab.
Select the Payouts tile/widget.
A full list of your Yoco payouts will appear.
Select each individual payout amount to view the following details:
The total amount paid out to you.
The total sales included in the payout amount.
The total Yoco fees charged for those sales.
An itemised list of card transactions included in the settlement amount.
✨ Want to track your Yoco Fees? You’ll find everything you need to know about Yoco Fees and Plans here.
Exporting your Payout History
It’s easy to export your Payout History for your records and accounting purposes.
Go to the Money tab.
Select the Payout History tile.
Filter the payouts you’d like to download by date, status, and type.
Select the download icon in the top right corner of your screen.
Select the CSV button that pops up, then wait for the file to download.
Need more help?
Start a conversation with a Yoco Support consultant via our in-app chat.