Yoco Fast Payout gives you quicker access to your Yoco earnings. Get your money in your account by 8am the next day, including weekends and public holidays, and cover daily expenses without delays.
Fast Payout is available to all Yoco customers.
💸 Fast Payout is only available if your Yoco balance is at least R10.00. If you don't meet this requirement, your payout will carry over until your balance increases.
Banks that support Fast Payout
ABSA Bank | Discovery Bank | Investec Bank | Standard Bank |
Access Bank | Finbond Mutual | Mercantile Bank | Standard Chartered |
African Bank | First National Bank | Nedbank | Tyme Bank |
Al Baraka Bank | FirstRand Bank* | OM Bank | Ubank |
Bidvest Bank | HBZ Bank | Rand Merchant Bank | WesBank |
Capitec Bank | HSBC | Sasfin Bank |
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*Owners of FNB, WesBank and RMB
💡 Good to know: In very rare cases, your Fast Payout request may be unsuccessful. If this happens, a follow-up request will be sent, so you still get paid on the same day.
Fast Payout fees
Your Fast Payout fees depend on your Yoco Plan.
| Fast Payout Fee |
Original Plan | 0.75% (ex. VAT) of payout (minimum R7.50 ex. VAT) |
Starter Plan | 0.75% (ex. VAT) of payout (minimum R7.50 ex. VAT) |
Core Plan | 0.75% (ex. VAT) of payout (minimum R7.50 ex. VAT) |
Pro Plan | FREE |
Accelerate Plan | FREE |
* Fast Payouts are currently free on the Accelerate Plan. This may change in the future, but for now, there are zero fees for this type of payout.
✨ Not sure which Yoco Plan you're on? Click here to find out how you can check in the Yoco App (mobile or web).
How to upgrade to Fast Payout
Go to the Money tab.
Select the Manage payout tile/widget.
If you're eligible to upgrade, select the Fast Payout option, then the Update to Fast Payout button.
How to switch back to Standard Payout
Go to the Money tab.
Select the Manage payout tile/widget.
Select the Standard Payout option, then the Update to Standard Payout button.
Fast Payout vs Instant Payout
Fast Payout and Instant Payout both give you quicker access to the money you earn, but there are some important differences.
| Fast Payout | Instant Payout |
Payout type | Scheduled payout. | On-demand payout. |
Payout made | By 8am every day. | Within minutes. |
Payout available | Seven days a week, including weekend and public holidays. | Seven days a week, including weekend and public holidays, but not between 11:30pm and 00:15am daily, when standard payouts are processed. |
Cost |
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✨ Need instant access to the money you’ve earned? Find out more about Instant Payout.