No, payouts can only be issued to bank accounts or the PayMongo wallet for now. Thus, it is necessary to submit your bank account details (or opt for the PayMongo wallet) to have your PayMongo account activated!
We currently generate your payout every Tuesday for payments that are cleared for payout by 5 PM on Tuesdays.
The reflection of the payment into your bank account will depend on the schedule of your receiving bank. This usually reflects within the day.
The payouts sent to your bank account are done by our team and free of charge.
Take Note: If the payout date is scheduled on a holiday, then the amount will be transferred on the next business day.