How Do Instant Payouts Work?

When you withdraw money from your Paragon Cash Wallet to your bank account, we use an open banking service provided by an FCA (Financial Conduct Authority) Regulated Company (TrueLayer) to instantly send the money to your bank account. No sensitive details are shared with us, and it is completely secure. This means after winning a cash prize on an Instant Win Competition, you can pay yourself out instantly and don’t have to wait for a manual payment to be made to you.