Set a recurring payout schedule
Choose a daily or weekly schedule, a cap and the amount to keep available.
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.
- Open Payouts and find Payout schedule.
- Select the approved account and check its masked details.
- Set a maximum amount and retained balance.
- 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.
Need help with an issue?