Check out the simple guide to set up or switch from KOHO to Scheduled Payouts seamlessly.
With Scheduled Payouts, your earnings are automatically deposited into a bank account of choice that you set up within the AnyDay app, via secure EFT on the 1st and 15th of each month. A seamless, automated way to receive your payouts on time, every time.
When you receive your email to make your payout selection, you can choose Scheduled Payouts by selecting Other payout methods when completing your onboarding.
If you haven’t downloaded the AnyDay Financial app yet, you’ll be prompted to do so. Tapping Set up Scheduled Payouts will take you to the app to log in.
After logging into the AnyDay app, you’ll be directed to the Payout Preference screen in Settings. Simply select Scheduled, then tap Continue to confirm.
This page provides more details on how Scheduled Payouts work and what to expect when choosing this option instead of Instant Payouts with KOHO.
You’ll be prompted to enter your banking details for where the EFT will be sent and confirm them to complete the setup. Make sure the name on your external account matches the name on your AnyDay account. If you don’t have an address on file with us, you’ll be prompted to enter it during setup.
You’ll receive an email asking you to verify your account. Click the link in the email to confirm. Once you click Yes, you’ll see a confirmation message and get another email confirming that your Scheduled Payouts have been successfully set up.
If you want to switch between KOHO and Scheduled Payouts in the future, you can do so anytime in the AnyDay app under Settings → Payout Preference and complete the same setup flow.
1 Interest rate subject to change. SIN required for interest-bearing accounts to report on interest earnings only.
2 You can cancel your KOHO plan at any time and remain on KOHO to receive instant payouts. e-Transfer fees may apply.
3 Free when you set up direct deposit or receive at least $1,000 in deposits every month, otherwise a $4.00 monthly fee. Staff start with a 30-day free trial. Mastercard and the circles design is a trademark of Mastercard International Incorporated.
1 Interest rate subject to change. SIN required for interest-bearing accounts to report on interest earnings only.
2 You can cancel your KOHO plan at any time and remain on KOHO to receive instant payouts. e-Transfer fees may apply.
3 Free when you set up direct deposit or receive at least $1,000 in deposits every month, otherwise a $4.00 monthly fee. Staff start with a 30-day free trial. Mastercard and the circles design is a trademark of Mastercard International Incorporated.
1 Interest rate subject to change. SIN required for interest-bearing accounts to report on interest earnings only.
2 You can cancel your KOHO plan at any time and remain on KOHO to receive instant payouts. e-Transfer fees may apply.
3 Free when you set up direct deposit or receive at least $1,000 in deposits every month, otherwise a $4.00 monthly fee. Staff start with a 30-day free trial. Mastercard and the circles design is a trademark of Mastercard International Incorporated.
1 Interest rate subject to change. SIN required for interest-bearing accounts to report on interest earnings only.
2 You can cancel your KOHO plan at any time and remain on KOHO to receive instant payouts. e-Transfer fees may apply.
3 Free when you set up direct deposit or receive at least $1,000 in deposits every month, otherwise a $4.00 monthly fee. Staff start with a 30-day free trial. Mastercard and the circles design is a trademark of Mastercard International Incorporated.
