diff --git a/python/kaspa/__init__.pyi b/python/kaspa/__init__.pyi
index 5d62ad8..da3ccd7 100644
--- a/python/kaspa/__init__.pyi
+++ b/python/kaspa/__init__.pyi
@@ -376,6 +376,7 @@ class CovenantBinding:
     @covenant_id.setter
     def covenant_id(self, value: Hash) -> None: ...
     def __new__(cls, authorizing_input: builtins.int, covenant_id: Hash) -> CovenantBinding: ...
+    def __repr__(self) -> builtins.str: ...
 
 @typing.final
 class DerivationPath:
@@ -1015,6 +1016,8 @@ class PaymentOutput:
             address: The address to send this output to.
             amount: The amount, in sompi, to send on this output.
         """
+    @staticmethod
+    def with_covenant(address: Address, amount: builtins.int, covenant: CovenantBinding) -> PaymentOutput: ...
     def __eq__(self, other: PaymentOutput) -> builtins.bool:
         r"""
         Equality comparison.
diff --git a/src/consensus/client/covenant.rs b/src/consensus/client/covenant.rs
index 6e75b1c..8cf41f0 100644
--- a/src/consensus/client/covenant.rs
+++ b/src/consensus/client/covenant.rs
@@ -41,6 +41,14 @@ impl PyCovenantBinding {
     pub fn set_covenant_id(&mut self, value: PyHash) {
         self.0.set_covenant_id(value.into());
     }
+
+    pub fn __repr__(&self) -> String {
+        format!(
+            "CovenantBinding(authorizing_input={}, covenant_id={})",
+            self.0.get_authorizing_input(),
+            self.get_covenant_id().__repr__(),
+        )
+    }
 }
 
 impl From<CovenantBinding> for PyCovenantBinding {
diff --git a/src/wallet/core/tx/payment.rs b/src/wallet/core/tx/payment.rs
index 6bdc05f..4f2dbc3 100644
--- a/src/wallet/core/tx/payment.rs
+++ b/src/wallet/core/tx/payment.rs
@@ -1,3 +1,4 @@
+use kaspa_consensus_client::CovenantBinding;
 use kaspa_wallet_core::tx::payment::PaymentOutput;
 use pyo3::{
     exceptions::{PyException, PyKeyError},
@@ -6,7 +7,7 @@ use pyo3::{
 };
 use pyo3_stub_gen::derive::{gen_stub_pyclass, gen_stub_pymethods};
 
-use crate::address::PyAddress;
+use crate::{address::PyAddress, consensus::client::covenant::PyCovenantBinding};
 
 /// A payment destination with address and amount.
 ///
@@ -30,6 +31,15 @@ impl PyPaymentOutput {
         Self(PaymentOutput::new(address.into(), amount))
     }
 
+    #[staticmethod]
+    fn with_covenant(address: PyAddress, amount: u64, covenant: PyCovenantBinding) -> Self {
+        Self(PaymentOutput::with_covenant(
+            address.into(),
+            amount,
+            covenant.into(),
+        ))
+    }
+
     /// Equality comparison.
     ///
     /// Args:
@@ -51,9 +61,13 @@ impl PyPaymentOutput {
     ///     str: The PaymentOutput as a repr string.
     fn __repr__(&self) -> String {
         format!(
-            "PaymentOutput(address='{}', amount={})",
+            "PaymentOutput(address='{}', amount={}, covenant={})",
             self.0.address.address_to_string(),
-            self.0.amount
+            self.0.amount,
+            match &self.0.covenant {
+                Some(covenant) => PyCovenantBinding::from(*covenant).__repr__(),
+                None => "None".to_string(),
+            }
         )
     }
 }
@@ -86,7 +100,16 @@ impl TryFrom<&Bound<'_, PyDict>> for PyPaymentOutput {
             .ok_or_else(|| PyKeyError::new_err("Key `amount` not present"))?
             .extract()?;
 
-        let inner = PaymentOutput::new(address.into(), amount);
+        let covenant_id = value
+            .as_any()
+            .get_item("covenant")?
+            .extract::<Option<PyCovenantBinding>>()?;
+
+        let inner = PaymentOutput {
+            address: address.into(),
+            amount,
+            covenant: covenant_id.map(CovenantBinding::from),
+        };
 
         Ok(Self(inner))
     }