There are two different ways to get paid: through Stripe Connect or through your Bank Account (wire transfer).
- Stripe Connect
To get your sales payouts through Stripe Connect, you will need to connect your Twoosk seller account to Stripe. To do that sign into your account from your account page:
1. Navigate to the Marketplace menu on the left side and select > Payment
2. Click on ‘Manage Payout Accounts’, in the top right corner
3. Click on ‘Connect with Stripe’
4. Complete the requested details.
If you choose the Stripe Connect Account option, each Stripe sale you have on Twoosk Marketplace will be paid 7 (seven) days after delivery. For each sale, applicable fees, such as the 5% closing fee, will be automatically collected from your Stripe account.
Please note that, even if you have set Stripe Connect as your main method to get your payouts, if your customer chose Wire Transfer as his payment method, each Wire Transfer sale will be credited to your bank account, and a 5% closing fee will be deducted from the total amount to be deposited. If this is the case, the Bank Account payout terms shown below apply.
- Bank Account (Wire Transfer)
To get your sales payouts through wire transfer you will need to enter your bank account details. To do that sign into your account, from your account page:
1. Navigate to the Marketplace menu on the left side and select > Payment
2. Click on ‘Manage Payout Accounts’, in the top right corner
3. Under the bank account option select 'Edit'
4. Complete your bank account details.
If you choose the Bank Account option, each sale is totaled monthly. On the 28th, will be credited in the sellers’ bank account the amount corresponding to the sales made until the 15th of the current month. From each sale, applicable fees, such as the 5% closing fee and/or the success fee (for the OS Business model), will be deducted from the total amount to be deposited.
The remaining balance will be available for consultation in the seller’s account in the Marketplace.