How to make a prepaid Payout from your wallet
The Prepaid Payout page allows you to withdraw funds from your prepaid wallet. Each payout incurs a total fee of R10, which consists of a payout fee of R8.70 and a payout fee tax of R1.30.
To access the Prepaid Payout page:
- Log into your dashboard.
- Navigate to the In-Person Payments tab in the top menu.
- Select Prepaid, then click on Payouts.
This will bring you to the Prepaid Payout page, where you can view your wallet balance, enter the amount you wish to withdraw, and click the “Payout” button to initiate the withdrawal.
Important Notes:
- No payouts can be made if your wallet balance is R0.
- The minimum amount you can withdraw is your wallet balance minus the R10 fee.
- You are allowed to make only one payout per day from your prepaid wallet.
How to Make a Prepaid Payout
- Enter the Amount: Input the amount you wish to withdraw, ensuring that the withdrawal amount does not exceed your available wallet balance minus the R10 fee.
- Click the “Payout” Button: Once the amount is entered, click on the “Payout” button. The page will process your request, and one of the following outcomes may occur:
- Payout Successful: This means your payout has been successfully transferred to your verified merchant bank account.
- Could Not Process Payout Error: This occurs if the amount entered is higher than the available balance for withdrawal.
- Payout Already Queued for Merchant Error: This means you have already made a payout request for the day. You will need to wait until the next day to initiate another payout.
Related Articles
Accessing your prepaid wallet transaction history
The prepaid transaction history allows you to view all transactions made on your POS device, as well as transactions related to your prepaid wallet. To access the prepaid transaction history: 1. Log in to your dashboard. 2. Click on the “In-Person ...
How to top up prepaid wallet
Before selling prepaid products, you need to top up your wallet, as all prepaid sales are deducted from your wallet balance. You will be charged a total of R10 (R8.70 Top up fee & R1.30 Top up fee tax) as a fee for every top up made To top up: On the ...
Selling prepaid airtime
To sell prepaid airtime, follow these steps: Tap the "Prepaid" tile on your device's landing screen. This will take you to the Prepaid screen, where you can see your wallet balance. Ensure your balance is not zero before proceeding. From the ...
How to enable prepaid sales
Prepaid services are one of our value-added offerings, allowing you to expand your business by selling airtime, data, and product vouchers to your customers. When you first activate your POS device, prepaid sales are disabled by default. To enable ...
How to sell voucher products
To sell prepaid Vouchers, follow these steps: Tap the "Prepaid" tile on your device's landing screen. This will take you to the Prepaid screen, where you can see your wallet balance. Ensure your balance is not zero before proceeding. From the ...