Auto-Withdrawal automatically sends funds from your Prestmit wallet to your bank account as soon as a gift card or crypto transaction is confirmed. You do not need to log in or tap "Withdraw" manually.
How it works
When a transaction is completed, funds arrive in your Prestmit wallet first. If Auto-Withdrawal is enabled for that transaction type, Prestmit immediately initiates a transfer to your saved bank account.
How to enable Auto-Withdrawal
Go to Settings > Payment Settings.
Select Enable automatic payout for gift cards to automate withdrawals for completed gift card transactions.
Select Enable automatic payout for crypto to automate withdrawals for completed crypto transactions.
You can toggle on one or both options for your preferred fiat wallet.
Select or add a bank account and complete 2FA verification.
A confirmation message appears once set up.
How to disable Auto-Withdrawal
Go to Settings > Payment Settings.
Toggle OFF the relevant option.
Confirm and complete 2FA verification.
Auto-Withdrawal is turned off immediately. Funds from future transactions will remain in your wallet until you withdraw manually.
How to update your bank account
Go to Settings > Payment Settings > Auto-Withdrawal.
Tap Edit bank account.
Select an existing account or add a new one.
Verify with 2FA.
Please Note: Changes apply to future transactions only. Past and pending transactions are not affected.
Frequently asked questions
Do I need to enable it for both crypto and gift cards?
No. Each has a separate toggle. You can enable one or both.
What if I don't have a bank account saved?
You will be prompted to add one when enabling Auto-Withdrawal.
Is Auto-Withdrawal instant?
Yes. Once a transaction is confirmed, funds are transferred to your bank automatically.
Can I still withdraw manually if Auto-Withdrawal is enabled?
Yes, for any transaction that did not trigger Auto-Withdrawal.
Can I turn it off later?
Yes. Funds will stay in your wallet until you withdraw manually.
Is it secure?
Yes. Every setup change and bank account update requires 2FA verification.