What is the Flex Wallet?

The Flex Wallet is your NextPay balance — the account where your funds are held before you send payouts. Think of it as a digital holding account for your business disbursements.

Key points about the Flex Wallet:

• Deposits — You fund your Flex Wallet by transferring money from your business bank account (BDO, BPI, Metrobank, UnionBank, etc.) to your NextPay deposit account.
• Payouts — When you send money to recipients, the amount plus any fees are deducted from your Flex Wallet balance.
• Real-time balance — Your balance updates in real time as deposits are credited and payouts are processed.
• No interest — The Flex Wallet does not earn interest. It is a transactional balance, not a savings account.
• Withdrawals — You can withdraw funds back to your linked bank account at any time.

Your Flex Wallet balance is displayed prominently on the dashboard homepage. You can also view a detailed balance history from the Reports section.

Funds in your Flex Wallet are safeguarded in trust accounts at major Philippine banks, in compliance with BSP regulations.