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Timely’s built-in payment solution, TimelyPay, lets you take payments online and in person, so it’s easy for clients to pay you securely. With a quick set up it helps reduce no-shows by letting you take deposits and charge cancellation fees. You can also sell gift vouchers and manage your payments in one place. There are no hidden costs, just pay the standard processing fees, and once a payment is settled, the money is paid into your bank account the next business day. That means no waiting around for payments to clear.
In this article you will learn how to customise your payout schedule in TimelyPay For more information on TimelyPay, see our help guide Frequently asked questions (FAQs): TimelyPay.
How to change your payout schedule
If you’re using TimelyPay - whether it’s for in-store payments, online bookings, deposits or cancellation fees - everything gets included in your regular payout. Your payout schedule is how often you get paid, and you can choose what works best for you: daily, weekly or monthly.
Step-by-step instructions
Important note: changing the frequency of payouts too many times can cause a delay in receiving your payout, so only do this when necessary!