Payment Policy
Last Updated: May 10, 2023
Last Updated: May 10, 2023
Please note, all payouts require a minimum of $50.00 earned within a pay cycle to receive payment. A Pay Cycle is equivalent to 1 week or 7 days. If your balance is less than $50.00, your payout date will be postponed by 1 Pay Cycle or until you reach the $50.00 Payout threshold.
For Creators located within the United States, payouts are made weekly, on Friday via ACH, Wire or PayPal transfer directly to your bank account. ACH Transfers typically take 1-3 full business day(s) to be executed by your bank and funds to appear in your account. PayPal transfers are subject to PayPal fees and transfer schedules.
For Creators located outside of the United States, payouts are made weekly, using one of our trusted Payout partners. We Support Wire Transfer, E-Check in Europe, PayPal and Physical Check. To set up international payout, you register and fill out the form on the Payout Information screen under Balance. Please note International Wire Transfers and PayPal Transfers are subject to fees.
You must verify your identity to receive Payouts. Please verify your identity here: https://tipsnaps.com/VerificationPayout.
Transaction | Details |
---|---|
Subscription / Tip | -10% of Tip and/or Subscription Amount |
Payout | Weekly |
Transaction | Details |
---|---|
Subscription / Tip | -15% of Tip and/or Subscription Amount |
Payout | Weekly |
If you have any questions or believe your tier assignment was incorrectly assigned, please reach out to support@tipsnaps.com.
Please note, all Creators within the United States who earn $600.00 or more in a fiscal year using TipSnaps.com are required by federal law to provide a W9 & tax information to TipSnaps and report earnings from TipSnaps on your tax filing. Please click here to provide your information: Tax Information Submission Form.
All Creators located outside of the United States must adhere to local Tax Code and report VAT or Federal income tax in your country. TipSnaps is not liable for withholding or reporting any taxes for international or domestic Creators.