## Zoho Payments Documentation Index

Access the complete documentation index at:
https://www.zoho.com/payments/llms.txt

Use this file to discover all available documentation pages before proceeding.

# Payout Preferences

*   [Payout Descriptor](#Payout-Descriptor)
*   [Bank Account](#Bank-Account)
*   [Payout Schedule](#Payout-Schedule)

You can configure preferences to manage your payouts and customize it based on your business needs. You can configure the Payout Descriptor, the Bank Account and the Payout Schedule.

## Payout Descriptor

A Payout Descriptor is the display name of the payment gateway that deposited the payouts (Zoho Payments) in your bank statements. You can choose to configure the payout descriptor or use the default descriptor, `ZOHO PAYMENTS`.

To edit this:

1.  Go to **Settings** in the top-right corner.
    
2.  Click **Payout Preferences**.
    
3.  Enter your preferred descriptor in the **Payout Descriptor** field.
    
    [![Payout Descriptor](/payments/help/payouts/payoutdescriptor-pref.png)](/payments/help/payouts/payoutdescriptor-pref.png)

**Insight:** Payout descriptors should contain only 5-22 alphanumeric characters, at least one letter, and cannot contain any special characters such as <, >, \\, ‘, “, \*.

4.  Click **Save** at the bottom of the page.

Your descriptor will be updated and it will reflect in the future payouts.

* * *

## Bank Account

You can update the bank account to which your Zoho Payments payouts are deposited. The steps vary depending on how you provided your bank account details while setting up Zoho Payments.

1.  Go to _Settings_ in the top-right corner.
    
2.  Click _Payout Preferences_ and scroll down to the _Bank Account_ section.
    
3.  Click **Connect Another Account** to update your bank account via Stripe Financial Connections or Plaid. or
    
4.  Click the **More** icon and select **Add Account Manually** to enter your bank details manually.
    
    [![Bank Account for Payouts](/payments/help/payouts/bankac-payoutpref.png)](/payments/help/payouts/bankac-payoutpref.png)
5.  Select your bank account or enter the updated details.
    
    [![Add Bank Account](/payments/help/payouts/add-bank.png)](/payments/help/payouts/add-bank.png)
6.  Click **Add**.
    

The bank account details will be updated, and future payouts from Zoho Payments will be deposited to the given account after bank account verification. Note that payouts may be temporarily put on hold during the verification process.

* * *

## Payout Schedule

Payout schedule is the interval at which you’d like to receive the payout from Zoho Payments. You can choose to get paid on a daily, weekly or a monthly basis.

**Note:** Payouts will be processed as per schedule, in T+2 business days (this might vary based on the nature of your business). T here denotes the Payment Date.

*   **Every business day**: Payouts will be deposited to your account every working day.
*   **Every week**: Payouts will be deposited weekly on the day you’ve chosen.
*   **Every month**: Payouts will be deposited monthly on the date you choose.

[![Payout Schedule](/payments/help/payouts/payoutschedule-payoutpref.png)](/payments/help/payouts/payoutschedule-payoutpref.png)

**Note:** If your payout schedule falls on the 29th, 30th, or 31st of a month, then, for shorter months, payouts will automatically be deposited on the last business day.