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Merchant · Guide

Set a recurring payout schedule

Choose a daily or weekly schedule, a cap and the amount to keep available.

NairaMove is in development. These guides do not announce live financial availability. Check current availability.

Authorize a schedule

Only the merchant owner can change the schedule. Managers can view it. Choose a verified payout account, daily or weekly frequency, a maximum per payout and the balance to retain. Daily and weekly runs use 18:00 Lagos time. Manual mode stops future automatic runs.

  1. Open Payouts and find Payout schedule.
  2. Select the approved account and check its masked details.
  3. Set a maximum amount and retained balance.
  4. Confirm the authorization and review the next run.

Follow the result

A run reserves up to your maximum from available funds after retaining your chosen balance. If there is nothing to pay, it records a skipped run. A bank change, lost owner permission or a policy restriction pauses the schedule. Review the reason and authorize it again after resolving the problem.

Created means a payout was reserved, not that the bank received it. Use payout history for the authoritative result. Changing the schedule does not cancel a payout already created.

Current availability

These schedules currently operate on simulated funds. Public bank settlement requires separately qualified provider and hosting arrangements.

Reviewed 1 October 2026 · Preview guidance
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