How does Payout work on Paystack?

By default, all businesses on Paystack, both Starter and Registered Businesses, are under an automatic payout plan - this means that we automatically pay into the merchant's bank account the entire sum of the transactions (less charges) they receive in a day.

When does a merchant receive their payout?

Naira payouts:

Naira transactions are on a payout schedule of T+1 - this means that we automatically pay the total sum received to the merchant on the next working day after the transaction day.

For transactions that happen on Fridays, weekends and public holidays, payouts are done on the next working day.

USD payouts:

Transactions made to a merchant in USD are on a payout schedule of T+7 - this means that we automatically pay the total sum received on the 7th working day after the transaction day.

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