At Lopay, you control what you pay and when you get paid. Choose from the accounts below and change at any time.
Essential: 0.79%* | Standard: 0.99%* | Instant to Bank: 1.79%* |
Weekly payouts to bankYour earnings will automatically payout every Thursday. Funds typically settle by 11am that day.
| Flexible payouts to bankYour earnings will automatically payout daily, weekly, or monthly, on the day you set (Mon-Fri). Funds typically settle by 11am that day. | Instant payouts to bankYour earnings will automatically payout to your bank, 24/7, including weekends & holidays. Funds typically settle immediately. |
Instant access via Lopay cardYour earnings are instantly available to spend via your free Expense & Reward card - add it to your mobile wallet or order a physical card if you prefer. | Instant access via Lopay cardYour earnings are instantly available to spend via your free Expense & Reward card - add it to your mobile wallet or order a physical card if you prefer.
You can also pause or cancel scheduled payouts to bank if you prefer to spend via your Lopay card. |
N/A (instant payouts to bank) |
10% of card spend back in RewardsWhen you spend $100 via your card you'll pay no fees on the next $10 of payments you take. | 50% of card spend back in RewardsWhen you spend $100 via your card you'll pay no fees on the next $50 of payments you take. |
N/A (instant payouts to bank) |
Rewards on offersYou'll earn rewards in the form of fee-free processing when you purchase an offer with top brands via Lopay. | Double rewards on offersYou'll earn double rewards (i.e. double the fee-free processing) when you purchase an offer top brands. | Double rewards on offersYou'll earn double rewards (i.e. double the fee-free processing) when you purchase an offer top brands. |
Plus, on ALL accounts you can...
Trigger an instant payout to your connected bank for 1.79% at any time. An instant payout typically settles in minutes, even on weekends and bank holidays.
Trigger a regular payout to your connected bank for free at any time. A regular payout typically settles in 3 business days.
Get set up in minutes with no contract and no monthly fees and choose from a range of ways to take payments.
Access a load of FREE features including our POS software, unlimited team members, accounting integrations, and much more.
* rate applies to standard card payments (domestic, personal Visa & Mastercard payments). Premium cards (Amex, corporate & international cards) are an additional 1%. Optional product fees may apply. Click here for a full breakdown of our fees.
How to change your Account Type
You can change your account type within the app at any time:
1) Tap your balance on your app home page to open your 'My Account' page
2) Select 'Need to change your account? at the bottom of the page
3) Choose from the 3 account types displayed and select Confirm.
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For any further questions or help, please email us at [email protected].
Please ensure you have the latest version of the Lopay app:
Head to the AppStore here or PlayStore here to download the update.