Payout Schedule & Instant Payout Explanation

Mariya

Last Update 2 maanden geleden

After completing your registration, your first payout will be processed 7 days after receiving your first payment. This initial period is required for security and verification purposes.

After this, you can customize your payout schedule in settings, choosing between:

  • Daily Payouts
  • Weekly Payouts
  • Monthly Payouts

Additionally, we offer an Instant Payout option, but this feature will only become available after 40 completed transactions. Unfortunately, instant payouts cannot be used during the first transaction period.

Instant Payout Limit:

  • The daily limit for instant payouts is £100.
  • If you require a higher limit, you can request an increase, which will be reviewed based on your account activity and transaction volume.

These measures are in place to ensure security for both our users and our platform, protecting against fraudulent activities while maintaining a reliable service.

How fees work in Y-POS

💸 1. Instant Payout (1.75% Fee)
  • Funds arrive in your bank account within minutes.
  • Available 24/7, including weekends.
  • Perfect for businesses needing fast cash flow.

Example:

  • You process a £100 transaction.
  • You receive £98.25 instantly (after 1.75% fee).
⏳ 2. Standard Payout (0.25% + £0.20 Fee)
  • Funds are deposited into your bank account in 7 days.
  • Lower fees than instant payouts.
  • Ideal for businesses with stable cash flow.

Example:

  • You process a £100 transaction.
  • You receive £99.55 after 7 days (after 0.25% + £0.20 fee).

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