What does the “Threshold Amount” option mean?
The Threshold Amount is the amount below which a payout to you will not be triggered. For example:
A payout period lasts for a week and ends at 11.59:59pm on Sunday night (UTC).
Your balance is $490, and your threshold is $500.
Your payment will not be made this week (Wednesdays), because your balance is below your selected threshold. Even if you earn more sales on Monday and Tuesday that bring your balance over the threshold set, because the payment period ends on Sunday night.
Any time your payment threshold is below your balance, you’ll receive a payout on the schedule of your Payment Frequency. For example:
You want to be paid out as soon as your balance is $1000.
You set Payment Frequency to “Weekly” (the most frequent option). You set the Threshold amount to $1000.
Each week, our system will check if you balance is above $1000 on Sunday night. If it is, you’ll get a payout on the next Wednesday. If it’s not, no action will be taken, but next Sunday, we’ll make the same check.
You only want to be paid every two months (that is, all your earnings for Jan and Feb, regardless of what the balance is).
You set the Payout Frequency to $100 (the minimum).
On the last day of Feb, we’ll queue your account for payment in the next Payout cycle. So long as the balance is over $100, you’ll be paid out in the next Payout Period.
As payments often come with fees, some people prefer to reduce the payout frequency to reduce the fees. One way to to that is to simply set less frequent payouts (another option on this page), but in some cases a time delay may not match sales earned, so an alternate way to delay a payout (reducing bank fees) is to set a higher threshold.
What does the “Request Payout” checkbox do?
Despite your settings for Payment Frequency and Threshold Amount, you may wish with withdraw your earnings sooner just this one time.
Checking the “Request payout” box and clicking “Update” will queue your payment for the next Payout period – the date shown on the page is the date the Payout Period ends (a Sunday). Payment will be actually made to your selected payout Account (assuming it’s status is Approved) if the payout amount is $100 or greater on the following Wednesday, and you’ll receive an email notification of this.
Subsequent payouts will be controlled by the Payout Frequency and Threshold Amount – this is a one-time thing and does not change your preferences otherwise.
You may choose to request Payout whenever you wish (so long as the balance is over $100), but that can be boring, so we offer the automated options as well.