The three payout options available are:
(1) weekly payout - runs automatically every Monday.
(2) monthly auto-payout - runs automatically monthly; The merchant defines the withdrawal date and minimum withdrawal amount.
(3) merchant initiated payout - This is a default withdrawal setting. You/the merchant initiate the withdrawal request via the dashboard, simply click the button at the frequency of your choice. You may also define the withdrawal threshold, simply write to cs@paytabs.com; and mention the preferred withdrawal threshold.
Merchant Initiated initiated payout steps
2. Click "Accounts"Panel
3. Click "Request Payout"
4. Get paid within 24 up to 48 hrs.
**PSP merchants: Are settled by partnered bank, therefore, "Accounts"panel will not be accessible.