Do public holidays affect my payouts?
Unfortunately, even banks sometimes need a holiday! A public holiday may affect the timing of your payout for a couple of reasons:
- The payment processing and banking partners that we work with may be closed because it is a public holiday where they’re based;
- The bank that you have nominated to receive your payouts into may be closed because it is a public holiday where they’re based.
In both cases, we may not be able to instruct a payout as normal and it may take a few extra days following a public holiday for you to 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 the many businesses using Nomod! Completed charges will appear in your transaction list as normal ready for the next eligible payout cycle.
Please check out the Nomod Card if you’re interested in a faster way to access your funds, even during public holidays!