Payouts
Payouts are sent directly to your bank account. You can start receiving payouts once your account is enabled.
Payout overview
Your payout speed and schedule are based on two factors:
- Your price plan
- Your Membership status
All payouts are made via domestic transfers. That means your funds are sent directly to the bank account listed as your active payout method in the app.
Payout schedule with Membership
With Membership, you get faster and more frequent payouts, depending on your plan. Each plan also comes with a daily payout limit, and your eligible funds are paid out on the same day. Any balance above that will roll over to the next day. Your existing payout plan (Two Days, Weekly, or Custom) remains.
Membership payout overview
| Plan | Daily Limit | Payout Frequency | Payout Times (Dubai) |
|---|---|---|---|
| Purple | AED 5,000 | Once daily | 6:00 PM |
| Silver | AED 250,000 | Twice daily | 12:00 PM & 6:00 PM |
| Gold | AED 500,000 | Twice daily | 12:00 PM & 6:00 PM |
Learn more about membership plans and benefits .
Payout schedule without Membership
With or without Membership, you’ll always be on one of our standard price plans: Two days, Weekly, or Custom. These plans determine when your payouts are scheduled, but they don’t limit how much you can receive.
Two days plan
On the Two days plan, your payouts are made two business days after each successful charge. Payouts are processed Monday through Friday.
Here’s how it works:
| Day of Charge | Paid Out | Business Days |
|---|---|---|
| Monday 1st | Wednesday 3rd | T+2 |
| Tuesday 2nd | Thursday 4th | T+2 |
| Wednesday 3rd | Friday 5th | T+2 |
| Thursday 4th | Monday 8th | T+2 |
| Friday 5th | Tuesday 9th | T+2 |
| Saturday 6th | Tuesday 9th | T+2 |
| Sunday 7th | Tuesday 9th | T+2 |
Weekly plan
On the Weekly plan, your payouts are made five business days after each successful charge. Payouts are processed Monday through Friday. Here’s how it works:
| Day of Charge | Paid Out | Business Days |
|---|---|---|
| Monday 1st | Monday 8th | T+5 |
| Tuesday 2nd | Tuesday 9th | T+5 |
| Wednesday 3rd | Wednesday 10th | T+5 |
| Thursday 4th | Thursday 11th | T+5 |
| Friday 5th | Friday 12th | T+5 |
| Saturday 6th | Friday 12th | T+5 |
| Sunday 7th | Friday 12th | T+5 |
After several weeks of consistent transactions, you may become eligible for the Two days plan. To become eligible, here’s what helps speed things up: Consistent usage will also help you become eligible faster.
- Complete your account setup and ensure your account status is “Enabled”
- Successfully complete at least 10 payouts
- Maintain a history of low-risk payment activity
You'll be notified as soon as you qualify.
Custom Plan
This plan is designed for businesses with a monthly payout volume of AED 350,000 or more, and it is fully customised to your business needs.
To set up a custom plan, contact our team
Minimum payout
To avoid your payout being eaten up by bank fees, we apply a minimum payout threshold. This threshold depends on the currency of your account.
| Currency | Minimum payout |
|---|---|
| AED | AED 200.00 |
| SAR | SAR 200.00 |
If your balance is below the threshold, it will roll over to your next eligible payout.
Payout currency
The currency of your payouts depends on where your business is based:
- Businesses based in the UAE are paid out in AED
- Businesses based in KSA are paid out in SAR
Payout fees
Payouts are completely free. However, your bank may charge you a fee when funds are deposited into your account. We recommend checking with your bank directly to confirm any incoming transfer fees.
Managing your payout method
Adding a payout method
Nomod currently only supports Domestic Transfers as a payout method. If you would like to add a new bank account, here’s how:
- Go to Settings in the app
- Under Business, tap your Business Name
- Select Configure payout method and enter your passcode
- Tap Domestic Transfer and then Set up Domestic Transfer
- Fill in your details:
- Account Holder Name
- Phone Number
- Address (Street, City, Emirate, Postal Code, Country)
- Tap Continue, then enter:
- Your IBAN
- Account Type (Individual or Business)
- If you are adding a business account, tap Continue to save your details
- If you are adding an individual account, you will have to provide your Date of Birth (DD/MM/YYYY), Place of Birth, and Nationality. Then tap on Continue to save your details.
If you have set up as “Individual”, you can use your personal bank account. If you set up as “Business,” make sure the account name matches your registered business name
Removing a payout method
To remove your payout method, here’s how to go about it:
- Go to Settings on the app
- Under Business, tap your Business Name
- Tap Configure payout method and enter your passcode
- Scroll down and tap Remove your bank account, and confirm your action
Changing your price plan
To change your price plan:
- Go to Settings on the app
- Under Business, tap your Business Name
- Select Choose a price plan
- You’ll see your active plan (Weekly, Two Days, or Custom)
- Select the plan you prefer and tap Set as Active
Public holidays
Public holidays may affect the timing of your payouts for two main reasons:
- Our payment processing partners or banking partners may be closed due to a holiday in their location.
- Your receiving bank may be closed due to a holiday in their location.
In both cases, we may not be able to process a payout as scheduled. Expect a short delay, usually a few business days, before you receive your funds.
Of course, you can keep selling to your customers as normal during this time. Public holidays are often the busiest periods for many businesses using Nomod. Completed charges will appear in your transaction list as normal, ready for the next eligible payout cycle.