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Weekly Payouts

Find out everything you need to know about Weekly Payouts from Yoco.

Updated today

Weekly Payouts give you more control over when you get paid. Pick any day of the week (Monday–Sunday), and the money you’ve made since your last payout will be paid into your bank account by 8am on your chosen day.

What about public holidays? Weekly Payouts are processed seven days a week, including on public holidays. So, you’ll always receive your payout on your chosen day.

Banks that support Weekly Payouts

Check the table below to make sure that your bank supports Weekly Payouts.

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 Payouts

  1. Log in to the Yoco App (mobile or web).

  2. Select the Money tab.

  3. Select the Manage payout tile/widget.

  4. Select Weekly Payout from the list of payout options, then tap or click on the arrow to select a day of the week.

  5. Choose the day of the week that you would like to receive your Weekly Payout.

  6. Confirm your payment day by tapping the Update to Weekly Payout button.


Switching back to Standard Payout

  1. Log in to the Yoco App (mobile or web).

  2. Select the Money tab.

  3. Select the Manage payout tile/widget.

  4. 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.

  5. Select the Update to Standard Payout button to confirm your change.


Changing your payout day

  1. Log in to the Yoco App (mobile or web).

  2. Select the Money tab.

  3. Select the Manage payout tile/widget.

  4. Weekly Payout will be selected in the list of payout options. Tap or click on the arrow next to your current payment day.

  5. Choose a new payment day for your Weekly Payout.

  6. 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.

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