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Understanding Payment Methods: A Comprehensive Guide
Understanding Payment Methods: A Comprehensive Guide

Explore 7 payout methods, ensuring your earnings are received effortlessly and securely with our detailed guide

Rebecca Mitchell avatar
Written by Rebecca Mitchell
Updated over a week ago

Embarking on your financial journey with us necessitates selecting from one of the 7 available payout methods and entering your payment details in “Payment Details”.

Payout Methods At a Glance:

  • Wire: $1250 min.

  • Check: $100 min.

  • Paxum: $50 min. (Note: Unavailable for USA personal account holders)

  • ACH: $100 min. - Direct deposits, US models only.

  • SEPA: 250€ ($290) min. - Subject to approx. 2% currency conversion cost.

  • USDT Tron/TRC20 network: $500 min.

  • USDT Ethereum/ERC20 network: $2000 min.


Payouts are processed weekly on Tuesdays (or the next working day post-holidays) starting from the 3rd week after your site’s launch, assuming your income has met the minimum requirements of your selected method. Explore our detailed article for a profound understanding of the payout generation process.

Ensuring a Smooth Payout Procedure:

Subsequent payouts proceed under the previously verified details unless you update and confirm your new payment details. Note that specific procedures, which we'll outline below, are attached to each payout method.


Wire Transfers

Wire transfers are a secure method of electronically transferring money from one bank account to another, used for both domestic and international transactions. Please note that the arrival of the funds in your account may take a few days, subject to the practices of individual banks.


Check Payment

Check payment is a traditional form of payment where a written, dated, and signed instrument instructs a bank to pay a specific amount of money to the bearer or a named party. The arrival time of the check via mail may vary depending on your location.


Paxum

Paxum is a global payment service provider that offers electronic wallet services and payment solutions for businesses and individuals. Payouts via Paxum should appear in your account immediately.

Important: Paxum will no longer service USA Personal Account Holders, though USA Business Account Holders will not be affected.


ACH – Direct Deposit

Available only for US Website Owners, ACH direct deposit is an alternative to wire transfers, with a minimum of $100 and no additional charges, offering a faster and safer option compared to checks. Funds will be delivered within 24 hours of each payout.


SEPA

SEPA (Single Euro Payments Area) simplifies euro-denominated bank transfers within the European Union.

Note that depending on various banks, it might take a few days for the funds to reach your account.

Important: SEPA processes payouts in EUR, while your website processes charges in USD, thus currency conversion will incur an additional cost, approximately 2% of the transaction value.


USDT

USDT, a stablecoin issued by Tether and pegged to the USD, facilitates global transactions. It's compatible with both Ethereum/ERC20 and Tron/TRC20 networks, and ModelCentro supports payouts in both ERC20-USDT and TRC20-USDT. To receive a payout in USDT, you need a USDT-TRC20 wallet address or a USDT-ERC20 wallet address.

Ensure you diligently verify your wallet address and select the corresponding payout method on ModelCentro - USDT Tron/TRC20 for TRC20-USDT or USDT Ethereum/ERC20 for ERC20-USDT. Using the wrong network for your address may result in a loss of funds.

Remember: It’s crucial to choose the correct payout method and input the correct wallet address. If unsure about your address type:

  • ERC20 addresses (for ERC20-USDT) start with ‘0x’. Example: 0xbc6e.

  • TRC20 addresses (for TRC20-USDT) start with a ‘T’. Example: T9zG21.


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