What is a payout?
Also called: Settlement, Withdrawal
A payout is the transfer of money a business has earned through a booking or payment platform into its own bank account.
When customers pay through a platform, the money is usually held first and then paid out. Know three things about any platform: when earnings become available, how you withdraw them, and what is held back while a booking is still running.
Payouts go to a verified bank account in the business owner's or company's name, which is one reason platforms check identity first.
How Superspace handles it
In Superspace booking earnings become available once the booking completes, a few minutes after it ends. You withdraw to your verified payout account from the Earnings page, with a minimum withdrawal of ₦50,000. See Withdraw your earnings.
Common questions
When can I withdraw money from a booking on Superspace?
Once the booking is completed, which happens automatically a few minutes after it ends. The earnings then move to your available balance.