Minimum Payment Threshold

Minimum Payment Threshold

1. What is the Minimum Payment Threshold?
   The Minimum Payment Threshold allows you to set the lowest amount you wish to accumulate in earnings before a payout is initiated.
2. How do I set my Minimum Payment Threshold?
   You can set your threshold by navigating to the payment info section of your profile, entering your desired amount, and click "Save Changes."
3. If I change my Minimum Payment Threshold, when will it go into effect?
   If you change your Minimum Payment Threshold between the 1^st and 15^th of the month, it may not go into effect until the following payment cycle. When you change your Minimum Payment Threshold after the 15^th of the month, it will go into effect in the next payment cycle.
4. What happens if I do not meet the Minimum Payment Threshold I have set?
   If you do not meet the Minimum Payment Threshold you have set in a given month, you will not receive a payment.
5. Is there a limit to how much I can set as my Minimum Payment Threshold?
   Yes, the threshold you set must be between $25 and $2,000.
6. What happens if I enter an amount outside the $25 - $2,000 range?
   If the amount entered is not within the $25 to $2,000 range, you'll see a warning message that says, “Amount must be between $25 and $2000," and you will not be able to save the changes until a valid amount is entered.
7. Will setting a Minimum Payment Threshold affect how frequently I get paid?
   Yes, increasing your threshold will mean payments are less frequent but larger, whereas setting it at the minimum amount will allow for more frequent, smaller payments.
8. Can I change my Minimum Payment Threshold later?
   Absolutely. You can adjust your threshold anytime as per your preference, provided it stays within the $25 to $2,000 range.
9. Do I need to have a specific payment method selected to set a Minimum Payment Threshold?
   No, the threshold can be set regardless of your selected payment method; however, you must have a payment method configured and the appropriate tax information on file to receive payouts.

Try it out for yourself, or watch this demo.