Cash out on your terms
Take control of your cash flow and get your money in minutes with Instant Payout on the Yoco App.
Open the Yoco App
:format(webp))
Start. Request. Ka-ching.
01.
Open the Yoco App and click on Instant Payout.
02.
Select an amount up R10,000 and click ‘Request Payout’.
03.
Your payout arrives in a couple of minutes, for a small fee.
Cash out on your terms
:format(webp))
Buy stock, pay staff, pay rent
Need stock for the weekend shift? Got to pay staff for overtime? Instant Payout eases cash flow stress.
:format(webp))
It works after hours
Instant Payout works all day every day, except from 5-7am. Weekdays, weekends and public holidays included.
:format(webp))
It’s totally optional
If you can wait the standard 2 business days to get paid out, there’s no need to use Instant Payout.
Open the Yoco App to cash out
Got your phone on you? You can access Instant Payout! Open the Yoco App and go to ‘View Payouts’ on the home screen. Follow the prompts to get your cash in a snap.
:format(webp))
How is pricing different for Instant Payout?
Standard
Price
Free
Get your money into your account 1-2 business days after a transaction takes place. The standard Yoco payout time.
Instant
Price
1% (ex. VAT)
Get your money within minutes of requesting the payout in your Yoco App, and pay 1% (ex. VAT) of the amount requested. The minimum fee is R17.25 .
:format(webp))
Access up to R10k each day
You get one Instant Payout of between R50 and R10,000 per day. No more borrowing money, stressing about cash flow or having to 'make a plan'.
:format(webp))
Not a Yoco customer?
Create a Yoco profile in minutes and start transacting to access Instant Payout.
Download the Yoco App and create your Yoco profile. Start transacting with a Yoco card machine or Yoco online payment tools. Then access Instant Payout in the App
Yoco Instant Payout FAQs
Visit help center01
What are the fees involved with Instant Payout?
For payouts of R1000,00 and under, just R17.25 (ex. VAT). For payouts between R1000,00 and the maximum daily amount of R10,000.00 – the cost is 1% (ex. VAT) of that amount.
02
How quickly does the money arrive once I request the Instant Payout?
It’s almost instantaneous! An Instant Payout will be in your account within minutes after you make the request on the Yoco App.
03
Does Instant Payout only work during certain times? Can I access it after hours and on weekends?
You can access Instant Payout at any time, except from 5-7am. It's the same on weekdays, weekends and even public holidays!
04
Can all Yoco merchants access Instant Payout?
The only Yoco merchants that can’t access Instant Payout are those that are paying off a Yoco Capital cash advance. All other Yoco customers can use the feature right now.
05
Do I have to use Instant Payout as a Yoco customer?
Instant Payout is completely optional and you can still continue to transact and receive your funds within the normal two business days time frame at no extra cost.
06
Can I use Instant Payout as much as I want?
Regardless of payout amount, you can use Instant Payout once per day.
07
Do I have to use Instant Payout as a Yoco customer?
Instant Payout is completely optional and you can still continue to transact and receive your funds within the normal two business days time frame at no extra cost.
08
Do I need to use a specific bank to access Instant Payout?
In order to use this feature, you'll need to bank with one of the following: Absa Bank, African Bank, Al Baraka, Capitec, Discovery, Finbond Mutual, First National Bank, Investec, Nedbank, Sasfin, Standard Bank, Standard Chartered Bank or VBS Mutual.