We balance accounts with you once a month for all Shop sales, Marketplace sales and Volume Commission earnings. We usually process the accounts for your earnings (generated in the previous month) by the end of the third week of the current month. At this point, you will be notified by email. As a rule - and depending on bank handling times - you should have received your money by the end of the month. Please refer to our GT&C for more detailed information.
When balancing the accounts, we have a minimum amount for eventual payments that depends on the currency you use. If your currency is the Euro, you need to accumulate a balance of at least €10 in credits. You can read the minimum amount of commission required for other currencies in this overview.
Requirements for paying your earnings
In order to be able to pay out your earnings, we need the following information from you:
- Your correct name and valid address: Enter these in your Account settings > My data.
- Your payment info: Add or edit payment info in Account settings> Financial management.
- Partners outside Germany: YourTax identification number (TIN). Enter your TIN in Account settings> My data.
Your place of residence (or company headquarters) are outside Germany
If your place of residence (or company headquarters) isn’t in Germany, we need your tax identification number next to your name and address. If you are an American citizen, you can either state your Social Security Number (SSN), the Employer’s Identification Number (EIN) or the Taxpayer’s Identification Number (TIN). If you don’t state a valid TIN, we need to apply a standard withholding tax of 15% on your design price earnings and an additional 5.5% solidarity tax (obligatory in Germany) on the withholding tax.
Depending on your place of residence (or company headquarters), a withholding tax may be applied on design price earnings. Find out more in this article.
Your place of residence (or company headquarters) is in Germany.
If your place of residence (or company headquarters) is in Germany, you don’t need to state a tax identification number As long as you have correctly stated your address data, you will receive payment of your earnings in full. Please note that we cannot make payments if we don’t have your correct name and address. It’s important to state them asap.
Payment options with SEPA and PayPal
In your User Accounts financial management, you’ll find two payments options: SEPA or PayPal transfers to a German or any other European current account. SEPA transfer are possible for transfers in EUR or GBP, PayPal payments can be made in any currency. If you haven’t provided PayPal information, we reserve the right to make payments in EUR. Currency conversions are conducted at the official conversion rate of the German Central Bank.