Swiggy Ltd, India’s on-demand convenience platform, has rolled out an “Early Cashout” feature that allows its Food Marketplace delivery partners to withdraw their earnings before the regular weekly payout cycle.
The feature enables delivery partners to request a payout anytime through the Swiggy Partner app, with the amount credited within an hour of placing the request.
Three-step cashout process
Delivery partners can access the feature through the ‘Easy Cashout’ section under the ‘Earnings’ page of the Swiggy Partner app.
They can view their available cashout balance, enter the amount they want to withdraw and select ‘Cashout Now’. The three-step process allows partners to access their earnings based on their immediate requirements rather than waiting until the end of the weekly payout cycle.
Swiggy said the feature is being made available to delivery partners across 720+ cities.
Focus on financial flexibility
The company said Early Cashout is designed to provide greater liquidity for day-to-day expenses, personal requirements and unforeseen emergencies.
Swiggy, Chief Operating Officer, Food Marketplace, Saurav Goyal, said, “Through regular conversations with our delivery partners, it became clear that waiting for weekly payouts doesn’t always align with daily financial realities – unforeseen expenses often demand immediate liquidity. Early Cashout bridges this gap by eliminating the wait. By empowering our delivery partners to withdraw their earnings whenever they need them, we are putting true financial control directly in their hands.”
6.5 lakh delivery partners
Swiggy said its network of more than 6.5 lakh delivery partners stands to benefit from the initiative.
The Early Cashout feature adds to Swiggy’s existing initiatives for its delivery partner network, while giving partners greater control over the timing of access to their earnings.