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Payout with PlusBase

In this article, we will answer some of the most frequently asked questions about payout with PlusBase.

In this article

A. How do I receive profit payouts?
B. How long does it take to receive payouts?
C. What is the profit minimum for requesting a payout?

A. How do I receive profit payouts?

To receive payouts, you must link your verified local bank, Payoneer, PingPong, or PayPal account to your Balance account. After linking, you will receive your profit through your local bank, Payoneer, PingPong, or PayPal.

Learn more about setting up your payout account here.

B. How long does it take to receive payouts?

As can be viewed on the dashboard, there are three indexes for a Balance account: Total current available, Available to payout, Available soon. Please refer to this article for more information on these three indexes.

When you submit your first payout request, PlusBase will review your account's risk level within 3 business days. Your payout request will be processed once we have completed our review of your account.
Payout requests are processed within 24 hours. However, requests submitted after 9 a.m. (UTC+0) on Saturdays and any time on Sundays will be processed on the next Monday. You should request a payout during business hours for the earliest approval. After they are approved, the funds will reach your payment account. Please note that the time to receive the payout varies depending on the working processing time of your bank company.
In case your payout request is refused, you will be provided with the reason why. The request's status will also be updated to Refused.
For orders showing signs of fraud (with at least one red flag in the fraud analysis, the profits will be transferred from Available soon to Available to payout in 72 hours after the order is successfully placed.
For orders that need to be re-confirmed by the customers due to their order updates or other reasons, the profits will be held in Available soon. The amounts will be moved to Available to payout once the order is successfully confirmed by the customers and approved by our Operation Team.
If you request a payout to your local bank account, the time it takes to receive the payout amount depends on your local bank procedure. It may also take up to 2 to 3 calendar days during the weekend. In addition, the payout amount in local currency will be determined by the exchange rate of the sender's bank.

C. What is the profit minimum for requesting a payout?

PlusBase requires a $50 profit minimum for all payout requests.

Understand ShopBase Balance

Updated on: 03/05/2024

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