Faster withdrawals with PayID | Voters

Faster withdrawals with PayID

under review

Manoranjan Acharya

Similar to the recently added feature to deposit cash faster by sending payments to Pearler's PayID, I would like to request for an enhancement to allow the users to provide their personal PayIDs linked to their bank accounts for faster withdrawals as well. Currently the process of withdrawals from Pearler takes 2 business days, which is really slow in my honest opinion and it should be done instantaneously.

November 29, 2021

Hayden Smith

Merged in a post:

Faster Sell & Withdrawal transaction times

Belinda Smith

Have sold some of my Mirco investments to which seems to take 2-3 days just for the sell to happen and then another 2-3 days for withdrawal to happen. Waiting over a week for the funds to come into my account sucks!

July 8, 2023

R Vermeulen

Related to this, i sold shares on 24/02, the money became available on 27/2 (3 days) and i submitted transfer request that day and still waiting (4/3 - 5 days and counting) to receive the money. So the wholes process takes way to long (8 days and counting). The same process at my other provider takes max 2 days. I'm pearler can do better than this?

Jackmorg

Interested

double the troubles

interested....7 months?

Anthony Burke

Hayden Smith still interested

Hayden Smith

marked this post as

under review

Hi everyone. I am putting this under review. We can do instant withdrawals, however, please note:

There would likely be a daily cap on instant withdrawals - tbh, but call it $1k-$10k.
Instant withdrawals would be disabled for accounts that are considered risky (this includes accounts that have had a bank account change, or accounts that have had direct debits into it where we haven't verified the source account through a payid payment and/or open banking connection).

If, given those constraints, this still interests you, please post and reply saying that you're still interested. We will use that information to make a decision over the next month or two. If there isn't much demand we will mark this as not for short term.

Cameron McCay

Hayden Smith: still interested

Cameron McGrath

Hayden Smith: Interested

Manoranjan Acharya

Hayden Smith: The constraints sound reasonable and justified. I'm still interested in having the instant withdrawal feature. Thanks for considering.

Hayden Smith: still interested

James Jackson

Hayden Smith: keen as for this

Cameron McGrath

Hayden Smith: interested

Giorgio Marinelli

Interested

Anton K

Hayden, I'm still interested.

Dan C

Interested still