Before you start sending money to your team members, locations and bank account, you’ll need to edit your payout schedules. This will allow your business wallet to collect funds, ready to be transferred.
If you have multiple locations set up for your business, each location can have different payout schedules. You’ll need to edit this for the location accounts where you want to start sending money.
- Access your business wallet by clicking on the Wallet icon.
- If you have multiple business locations, use the drop-down menu next to the balance and select the relevant one.
- Click Manage under Payout schedule.
- Under Frequency, select either of the following to set your payout schedule and click Save:
This is the default payout schedule that will automatically transfer all funds from your wallet to your bank account daily.
Allow your wallet to collect funds for a week before automatically transferring them to your bank account.
Allow your wallet to collect funds for a month before automatically transferring them to your bank account.
Disable funds from being automatically transferred from your wallet to your bank account, allowing funds to collect in your wallet. We recommend selecting this if you want to start sending money to your team members and locations.
NOTE: If you choose to set a weekly or monthly payout schedule, you’ll need to send money to your team members and locations before the remaining funds are transferred to your bank account automatically.