Paynest Circles

Save together. Payout by schedule.

Create or join a trusted savings circle. Members contribute the agreed amount from their Paynest VTU wallet, and each cycle pays the scheduled member into their Commission wallet, which can be withdrawn to a bank account.

Active / scheduled circles

0

Open, waiting for members

0

All circles

0

Have an invite?

Enter the circle code shared by the Admin or reseller organizer.

Available circles

Open circles you're eligible to join. Paynest circles are open to everyone; a reseller's circles are open to that reseller's customers.

No open circles for you right now. Have an invite code? Enter it below.

Loading your circles…

How Paynest Circles works

1

Create or join

Choose a contribution and fixed member limit.

2

Contribute

Each member pays from their Paynest VTU wallet.

3

Verify

A payout is released only after the cycle contributions are paid.

4

Receive

The scheduled member receives the payout in their Commission wallet, which can be withdrawn to their bank account.

Circle contributions and payouts are recorded in the wallet ledger. Contributions are held by Paynest for the circle until each payout is released. If a circle is cancelled before its first payout, contributions are refunded; circle fees and late penalties are not.