Objective: This article is for employees and contractors who have access to instant pay and want to withdraw their earnings before the regular pay date. With Cadana Instant Pay, you can instantly get access to your accrued earnings any time of the month before pay day.
Outline
1. Requirements for Instant Pay
2. How to request an Instant Pay on the mobile app
3. How to request an Instant Pay on the web app
Requirements for Instant Pay
Access to the Cadana Instant Pay feature is determined by your employer.
The following criteria must be met in order to qualify for Instant Pay:
- You have an active contract with your employer
- You have been KYC-Verified
- You have no outstanding Instant Pay withdrawals that have not been settled by a work payment.
- If you're a contractor, you must have worked for your employer for at least 2 consecutive payment cycles
- If you're a contractor, you have signed the necessary compliance documents, including W8BEN
How to request an Instant Pay on the mobile app
- On your home screen, tap on the Cadana Hub ⚡️
- Under Work tab, select on Instant Pay tab on the homepage.
- Tap on Request Payout
- Enter the amount to withdraw, select the wallet to pay funds into, and tap on Continue.
- Review and confirm the total receivable amount and tap on Request Payout
- Request successful! Funds will be credited to your account and will be deducted automatically from your next work payment.
How to request for Instant Pay on the web app
- Navigate to the home screen and select Instant Pay on the left menu bar.
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Your available balance will appear. Click Request Payout, enter your preferred amount, and continue.
- As part of the withdrawal process, a breakdown of the transaction fee and total withdrawal amount will be displayed. Simply click Confirm and Withdraw
- Request successful! Funds will be credited to your account and will be deducted automatically from your next work payment.
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