Hi All! Could You explain for me what is the Previous payout fee?

Discussion started by DAP

Hi all, Anyone could explain what is the previous payout fee, how is work and why it take money from income each month?

Thanks you so much!!

Answers

Posted over 7 years ago
1

Hi there,

The payout processing fees are calculated each month - after the payment is made. These fees will show up in each designer's payment information. The Payout Processing fee are different for each Wire, Paypal and Webmoney (you can find more info here: https://www.cgtrader.com/forum/topics/important-accounting-information-for-designers)

The payout processing fee for a term will be deducted from the payout made the following term. This means that payout processing fee is accounted for with one month delay: fee is initially covered by CGTrader, but deducted from a seller’s next payout. This enables fully transparent and precise accounting system.

Regards,
Eddie, CGTrader

DAP wrote
DAP
Thank you so much for your explanation, Eduardas!

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