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Withdraw funds

Withdrawals send available wallet funds to the settlement account verified during business KYC.

Request flow​

  1. Open Wallet in the merchant dashboard.
  2. Review available, pending, and reserved balances.
  3. Enter an amount at or above the configured minimum.
  4. Review the fee and net amount.
  5. Submit the request.

SkyPay reserves the requested funds immediately so they cannot be withdrawn twice. The request then enters administrative review.

StatusMeaning
PENDINGAwaiting admin review; the merchant may cancel while still pending
APPROVEDApproved for payout
PROCESSINGTransfer execution is in progress
COMPLETEDPayout has been confirmed
REJECTEDRequest was declined and the reservation released

Minimum and daily limits depend on platform and business configuration. Live withdrawals require approved KYC and a verified bank account. Sandbox withdrawals simulate the workflow and move no money.