Zomato introduces ‘daily payouts’ for small restaurant owners. Check details

Zomato on Wednesday announced a new feature called ‘daily payouts’ with the aim being to support its ‘emerging restaurant partners.’ Representational Image “Our discussions with various restaurant partners highlighted the financial challenges eateries face, using the traditional weekly payout system.

This feature is designed to address this critical need for more frequent access to earnings,” Zomato said on its official blog . Wrap up the year gone by & gear up for 2024 with HT! Click here Zomato ‘daily payouts’ (1.) The feature is for small eateries; once a restaurant reaches 100 orders per month, they will move to daily payouts.

(2.) The switch from weekly to daily can be done via the Zomato Restaurant Partner App. Also, no additional fees is required to make the switch (3.) To access the daily payout option, an interested partner must go to the ‘Payout’ section of the online food aggregator's app. (4.) There will be a daily settlement of transactions, based on sales from the three previous days.

(5.) The facility will help address issues faced by restaurant owners, such as growing their businesses, and competing with established names, the Gurugram based company said. Unlock a world of Benefits with HT! From insightful newsletters to real time news alerts and a personalized news feed – it's all here, just a click away! Login Now! SHARE THIS ARTICLE ON Share this article Share Via Copy Link ABOUT THE AUTHOR HT News Desk Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk.

From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered. ...view detail Zomato.