How do I send a PayPal or Venmo payout?

To send your first payout, you can follow the steps as described below:

1. Navigate to the appropriate submission or offer that's ready for payout. Scroll down to the Payout section and click on ‘Create payout’.

2. Select the payout method you or the customer wishes to use.

3. Ensure that the customer has provided the correct payout information to instantly receive their payout. If they haven’t added their payout information yet, you can still initiate the payout. The transaction will be processed once the customer or you add the corresponding payout method to their profile.

4. Verify that your PayPal balance exceeds the payout amount you intend to send. An insufficient balance will result in a failed payout. If this occurs, you will be notified and can recreate the payout once your balance has been adjusted.

You also have the option to adjust the payout amount before sending.

5. Once you're ready, click ‘Send payout’. If the customer has a PayPal or Venmo account, they should receive their payout within a few seconds to minutes. If not, they will receive an email prompting them to create a PayPal account to claim their payout.

On your PayPal Dashboard, you'll notice two payments for every payout sent through Trendful: one directed to the customer and another to Trendful as a commission fee. Currently, the commission fee for PayPal and Venmo is 0.5%, with varying caps depending on your subscription plan. Additionally, PayPal charges a $0.25 fee for each payout.