At Crowdmade, we want to make sure your store gets paid for the amazing work you’re doing. Understanding how and when you receive your payments is crucial for managing your earnings. This article will cover everything you need to know about getting paid through Crowdmade.
When You Get Paid
Stores on Crowdmade are paid once every month on or around the 15th. This payment includes all of the profits you’ve earned from the previous month. The exact date can vary slightly depending on business days, but you can expect your payment around mid-month.
Important Note:
- Accrued Balance Over $5: Payments are made when your accrued balance is greater than $5. If your balance is less than $5, the payment will be held until your earnings exceed $5. Once this happens, your payment will be processed on the next eligible payment date.
How You Get Paid
Payments are made automatically via PayPal. To ensure you receive your earnings without any issues, it’s important to have an active PayPal account and to verify that the PayPal email address in your account settings is correct.
Steps to Ensure Smooth Payments:
- Check Your PayPal Email: Make sure the email address associated with your PayPal account is correctly entered in your Crowdmade account settings.
- Keep Your PayPal Account Active: Ensure your PayPal account is active and able to receive payments. This will prevent any delays in receiving your earnings.
No PayPal Fees for Stores
One common concern is PayPal fees, but rest assured, there are no PayPal fees charged to your store. Crowdmade covers the transaction fee, so you receive your full payment without deductions.
Image Suggestion: Screenshot of the Payment Details section in account settings with the PayPal email field highlighted.
What Happens if Your Payment is Less Than $5?
If your accrued balance at the time of payment is less than $5, your earnings will be held until they exceed $5. Once your balance surpasses this threshold, your payment will be included in the next scheduled payout. This system ensures that small balances accumulate without being lost or overlooked.
Stay on Top of Your Earnings
To make sure you’re always up to date with your earnings and payments, regularly check your Crowdmade dashboard. Here, you can track all of your sale activity including your top performing products.
Recap: Key Points About Getting Paid
- Payment Timing: Payments are made once a month on or around the 15th for the previous month’s earnings.
- Payment Threshold: Payments are issued when your balance is greater than $5. Balances under $5 are held until they exceed this amount.
- Automatic Payments: Payments are sent automatically via PayPal, so ensure your PayPal email address is correct and your account is active.
- No PayPal Fees: Crowdmade covers the PayPal transaction fees, so your store receives the full payment amount.
Need Help?
If you have any questions or concerns about your payments, our support team is here to help. Don’t hesitate to reach out if you need assistance.