The very first thing you need to do is to choose among five payout methods:
- ACH - direct deposits
- Paxum (not eligible for the USA personal account holders)
You will do that during Step 1 of your site’s setup process - along with filling in your information in “Account Holder Details”.
Remember that you are going to get a payout only after reaching the required minimum. The minimum amount you can set up yourself. But please keep in mind that different systems have their own minimums:
Wire - $1250
Check - $100
Paxum - $50
ACH - $100
SEPA - $290
You will get payments weekly on Tuesdays (except major holidays, when payments are made on the following working day after Tuesday), starting from the 3rd week after your site’s launch, provided your income met the minimum payout requirements for a selected payout method.
The payout procedure
In order to get your first payout, we need to confirm some information with you. Next payouts are made under the information we had on the previous payout, unless you contact us and let us know of a change in plans.
The procedure of the first payout depends on the selected method:
Once you get a confirmation request for your bank account details from your dedicated manager, make sure to reply so that we have all the correct information. The following Tuesday after the confirmation is completed, a payout will be sent to your bank account. Keep in mind that it might take a few days, depending on particular banks, in order for the money to arrive at your account.
Once you get a confirmation request for your address and telephone number from your dedicated manager, make sure to reply with all the correct information in case any information in your account is incomplete. The next Tuesday after the confirmation is completed you will be sent a check by mail with the amount of the payout. Depending on your location, it might take some time to get the check by mail.
First of all, you need to create an account with Paxum (if you don’t have one yet) and fill in the email in Payout Details section of “Account Holder Details”. Please triple-check the email to make sure there are no mistakes. Your dedicated manager might contact you to confirm this email. Payouts via Paxum, as all others, are sent out on Tuesdays, and you should see the money on your account immediately. Learn more about Paxum MasterCard here.
Important note! Paxum will no longer be providing services to USA Personal Account Holders. USA Business Account-Holders will not be affected by this change.
ACH – direct deposit.
ACH direct deposit is available for US models only. It is an alternative to the wire, but with a minimum of $100 and no extra charges. It is much faster and safer, for example than Check. All you need is to have a bank account - checking or savings.
In order to send you the money via ACH, we should at first set up the connection with your bank account. Please note that we will need to connect to your account only once.
You will need to provide us with this information about your bank account (in section “Me” - “Account Holder Details" – Payout Info”):
IMPORTANT: ACH connection takes 3-7 workdays, but once that is done, the money is delivered with 24 hours each payout.
The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro.
Once you get a confirmation request for your bank account details from your dedicated manager, make sure to reply to make sure we have all the correct information. The following Tuesday after the confirmation is completed, a payout will be sent to your bank account. Keep in mind that it might take a few days, depending on particular banks, in order for the money to arrive at your account.
Important note! As SEPA is a payout method done in EUR while your website charges in USD, currency conversion is an additional cost for this method, amounting to approximately 2% of the transaction value.