Payouts

What type of payout plans are there?

We have 3 different types of payout plans:

What type of payouts are there?

We have 4 different types of payouts:

How much do payouts with Maesh cost?

PayoutCostPer
StandardFreePayout
Same-dayS$1Day
Instant (coming soon)S$0.60Transaction
On Demand (coming soon)S$0.75Withdrawal

What is the Standard Payout plan?

Our Standard Payout plan is free. This is how the plan works:

  • We use the GIRO payment rails to make the Payout
  • This means a Standard Payout may take 1 to 5 days for the money to arrive in your bank account
  • Payouts only happen on business days (weekends and holidays will not have payouts). The exact payout time is depending on your bank
  • The cut-off time for a Payout is on the next available business day at 6PM

Example 1

A Transaction for your business is successful and arrives on Monday morning at 11AM. The Payout will be the next business day: Tuesday (1 day later).

Example 2

A Transaction for your business is successful and arrives on Thursday evening at 8PM. On Monday it’s National Day 🇸🇬. The Payout will be on the next but one business day: Tuesday (5 days later).

What is the Same-Day Payout plan?

Our Same-Day Payout plan costs S$1/day. This is how the plan works:

  • We use PayNow/FAST to transfer the money for quick liquidity
  • The money will directly transfer into your bank account, real-time
  • Same-Day Payouts will happen every day at 9PM, including holidays and weekends
  • For all the transactions on that day, S$1 is charged for the payout
  • Next payout is 24 hours later

Example

5 transactions have accumulated in Maesh’s bank account during the day on a Saturday. At 9PM a PayNow Payout is triggered that will transfer the funds instantly into your bank account. You only pay S$1 for the payout of those 5 transactions.

What is the Instant Payout plan (coming soon)?

Our Instant Payout plan costs S$0.60/transaction. This is how the plan works:

  • Instant money transfer. The moment your customer pays us, we will transfer the funds into your bank account
  • Instant Payouts happen 24/7, including weekends and holidays
  • We use PayNow/FAST to transfer money for direct liquidity
  • For every incoming transaction, S$0.60 is charged per Instant Payout

Example

Your consumer purchases something in your webshop on Sunday evening. They make the payment into Maesh’s bank account. The moment the funds arrive, we will directly transfer the money into your bank account without any delay.

What is an On Demand Payout (coming soon)?

Our On Demand payouts cost S$2/withdrawal. This is how they work:

  • On Demand Payouts are like going to an ATM. Whenever you need the money, you can trigger a Payout within our Maesh Dashboard
  • This is irrespective of the payout plan you are on
  • On Demand Payouts happen 24/7, including weekends and holidays
  • We use PayNow/FAST to transfer money for direct liquidity
  • Sufficient balance needs to be available
  • For every On Demand payout request, S$2 is charged