Payout on demand

Payout on Demand is a feature that allows businesses to receive a portion of their payout before the next payout run. The payout can be received in either a business's already verified settlement account or the business's Paystack balance.

Payout on Demand means that Paystack businesses can receive their payout immediately for collections made on the same day instead of waiting for the standard payout schedule (i.e. T+1 settlement for Nigerian businesses).

This feature is currently only available to Nigeria-based businesses.

This feature is only available to businesses that have had at least one payout per week for the last four consecutive weeks (1 month).

Only 70% of already processed transactions are available to a business for Payout on Demand. However, there is no limit to the number of times you can withdraw as long as the value of the withdrawal doesn't exceed the amount available for your business.

You will be charged 1% of the withdrawal amount for each withdrawal.

This feature can be requested via the Payout page on the Paystack Dashboard. Click the 'request payout' button on the right side of the Payouts page.

An interface will pop up to show you how much you have available to withdraw and to choose the withdrawal destination (settlement account or Paystack Balance). You can then go ahead to input the desired amount and confirm the withdrawal.