Every time you make a sale through the Spoyl App, the revenue from that sale gets deposited into your Spoyl Money Account. You can visit Spoyl Money at Main Menu > Spoyl Money. Further, you can directly deposit your Spoyl Money balance into your bank account by using the “Cash Out” option.
Upon placing the request to cash out, we will initiate the transfer within 24 hours. We will notify you once we initiate the transfer. The actual transfer may take longer as this would be dependant on the expediency of your bank. This process may take from 3- 7 working days.
Yes, Spoyl Money can be used to buy products on Spoyl. All you need to do is to click on Spoyl Money option while checking out.
As a user of the Spoyl App, you authorize us to transfer money from your Spoyl Money account to your bank account.
We verify the account holder's name while transferring money into your account. If the names does not match the details, we will classify this a fraudulent transaction and cancel the transaction.