Weekly Payout lets you choose which day of the week you'd like to receive your funds. Simply choose any day from Monday to Sunday, and all sales made since your previous payout will arrive in your bank account by 8am on your selected day each week. This consistent schedule helps you plan your cash flow and manage your business budget more effectively.
✨ What about public holidays? Weekly Payout is processed seven days a week, including on public holidays. So, you’ll always receive your payout on your chosen day.
Banks that support Weekly Payout
Check the table below to make sure that your bank supports Weekly 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 |
|
* Owners of FNB, WesBank and RMB
Switching to Weekly Payout
Select the Money tab.
Select the Manage payout tile/widget.
Select Weekly Payout from the list of payout options, then tap or click on the arrow to select the day of the week you would like to receive your Weekly Payout.
Confirm your payment day by tapping the Update to Weekly Payout button.
Switching back to Standard Payout
Select the Money tab.
Select the Manage payout tile/widget.
Select Standard Payout from the list of payout options.
💡 Good to know: You also have the option of switching to Fast Payout at this point. Click here to find out how Fast Payout can benefit your business.
Select the Update to Standard Payout (or the Update to Fast Payout) button to confirm your change.
Changing your payout day
Select the Money tab.
Select the Manage payout tile/widget.
Weekly Payout will be selected in the list of payout options. Tap or click on the arrow next to your current payment day, and choose a new payment day for your Weekly Payout.
Confirm your payment day by tapping the Update to Weekly Payout button.
✨ Important: You can only receive one payout per week. If you change your payout day, and you’ve already received your Weekly Payout for the week, your first payout on the new payout day will take place the following week.