Your Payout Day is Changing

Written by Paul Moscrop on .

We have listened to your feedback asking for simpler payouts! From now on, you’ll receive your sales payments faster and be able to track them clearly and easily.

Starting today, if you currently receive weekly payouts, your payment will now arrive every Wednesday for sales made during the previous Monday to Sunday. For example, on Wednesday 16th April, you’ll be paid for sales from Monday 7th to Sunday 13th April.

Please note, as you already received a payout earlier this week (Monday 7th April) for some of last week’s sales, your payout today was for the remainder of last week’s sales (Wednesday 2nd to Sunday 6th April).

From Wednesday 16th April onwards, each payout will cover the full previous week. You don’t need to do anything — this change will happen automatically.

Here are some other exciting benefits relating to this change:

  • Your money will no longer show as "In Transit" on the ZPos Client Area (www.zpos.co.uk/members). We will automatically send your payout each Wednesday, and you’ll receive it the same day.
  • You can now update your bank details on the ZPos Client Area up until the day before your payout (Tuesday).
  • You will be able to use ZPos PayNow for instant payouts for all available funds right up to the day before your weekly payout.
  • Bank holidays will now have far less impact on your payouts, as these rarely fall on a Wednesday.

We’re really excited to bring you this update and hope it makes managing your money clearer, simpler, and better reflects the way you’ve told us you’d like it to work.

If you have any questions, feel free to contact our Finance Team via email on finance@zpos.co.uk or call us on 01793 251152 (option 8) between 9:30am and 6:00pm Monday - Friday.