Schedule automatic Instant Payouts

You can schedule instant payouts so that you get paid instantly at the same time every day, including weekends and holidays.

Learn about your eligibility for instant payouts in Frequently asked questions about instant payouts.

How does scheduling instant payouts work?

Scheduling instant payouts lets you save time and get paid faster by automating the instant payout process. You choose the maximum amount paid out instantly and the time you want to get paid, and every day Wave automatically sends your available instant payout balance according to your instructions!

Schedule automatic instant payouts

  1. Log in to your Wave account at
  2. On the left-side menu, click Banking > Payouts.
  3. Click Set schedule in the bottom right of the Available for Instant Payout tile.

Turn off automatic instant payouts

  1. Log in to your Wave account at
  2. Click on your business name at the top right, then click Business settings.
  3. Once the Settings page loads, under Banking, click Payouts.
  4. Click Set schedule and choose Stop scheduled payouts.

When you stop scheduled payouts, instant payouts are still available for you to withdraw manually or schedule again in the future. Funds that aren’t withdrawn as instant payouts will be paid out on Wave’s standard processing timeline.


Is there an additional cost for scheduled Instant Payouts?

No, the cost is the same as manually accepting an Instant Payout (1%).

What if I want to manually accept an Instant Payout before my scheduled Instant Payout time?

Scheduling your Instant Payouts doesn’t take away from your ability to manually accept them. If you have an available balance and need the funds right away but you haven’t reached the scheduled time yet, you can still manually accept the Instant Payout to receive your money.

What if I don't want to accept my entire balance every time an Instant Payout is available?

You have the ability to set a limit for scheduled instant payouts. This lets you indicate the maximum paid out via scheduled instant payout on a daily basis.

What happens if my scheduled Instant Payout fails?

If we’re unable to automatically process your Instant Payout, we’ll send you an email letting you know so that you can retry it.