Before you begin selling it is important to provide payment information in your Payout Profile in the Settings > Selling section of your Zenfolio Dashboard. This information will let Zenfolio know how you would like to receive the profits from your sales.
You can request a payout of funds from your account at any time. The funds can be sent via ACH (USD direct deposit into a US based savings or checking account) or PayPal. Additionally, all accumulated funds may be automatically paid out automatically after the end of a calendar year.
Click here for instructions on how to request a payout.
The instructions below are for how to edit your Payout Profile.
- In your account, hover your mouse pointer over your username. A menu will appear.
- Click Account from the dropdown menu
- Click Selling from the options on the left
- Click Payout Profile and Tax Info in the menu on the left.
- Enter information on your US Income Tax Applicability.
- Enter your address for where we should mail any applicable tax forms.
- Check the box to certify that the info provided is accurate and that you have read the Certification of Tax Information.
- Enter your desired payout method. This will be used as the default payout method when you request to have profits from orders sent to you.
- Click Save when you're done.
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Please be advised that individuals and entities using PayPal from locations outside of the United States may be required to have a Business account. This requirement is essential for ensuring that transactions are processed smoothly and efficiently, and a requirement from Paypal. If you find yourself facing challenges or difficulties in receiving payouts through your current PayPal account, it may be an indication that an upgrade to a Business account is necessary. |