Weekly Payout Schedule

Created by Okito Support, Modified on Thu, 26 Sep, 2024 at 11:28 PM by Okito Support

The weekly payout schedule for drivers on ride-hailing platforms typically works as follows:

  1. Payout Frequency:

    • Most ride-hailing platforms in the Philippines operate on a weekly payout cycle.

    • The payout is processed once a week, with the exact day depending on the platform’s system (e.g., every Monday or Wednesday).

  2. Earnings Period:

    • The payout covers the trips completed in a specific earning period, usually from Monday to Sunday of the previous week.

    • Any earnings made within this period are included in the weekly payout.

  3. Processing Time:

    • After the end of the earning period, there is typically a 1-2 day processing time for the earnings to be transferred to the driver’s designated bank account or e-wallet.

    • This means if the earning period ends on Sunday, drivers might receive their payout by Wednesday or Thursday.

  4. Payout Method:

    • Drivers can receive payments through a bank transfer or e-wallet, depending on the platform’s available options.

    • Make sure your payment information is up to date in the app to avoid delays.

  5. Deductions and Adjustments:

    • The weekly payout reflects the net earnings after any platform commissions, service fees, and reimbursements (e.g., for tolls).

  6. Tracking Payout:

    • You can track your earnings and the upcoming payout in the app’s driver dashboard. It provides a breakdown of the total earnings for the week, including trips, incentives, and deductions.

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