Before your first course can be published on ZilLearn, you will be prompted to set up an account with Payoneer, our partner and a leading global payout processing provider. This article outlines how to set up Payoneer as your payment method and how to make changes to your payment settings.
How set to up Payoneer as your payout method
There are two ways to set up Payoneer as your payout method.
Method 1: When publishing your first paid course
When you have finished creating your first paid course and select Publish, you will be prompted to set up your Payoneer account, as shown below:
To link your Payoneer account and continue publishing your paid course:
Select Link account.
You will be redirected to the Payoneer sign up page, where you can create a new Payoneer account or sign in to an existing account.
You can also choose to publish your course first, and set up your Payoneer account at a later date on your Settings page.
Method 2: Via your account settings
Alternatively, you can link your Payoneer account directly via your Account Settings before publishing your course:
Select Account Settings.
Under Earnings & Payout, select Payout Information.
Select Link account.
You will be redirected to the Payoneer sign up page, where you can create a new Payoneer account or sign in to an existing account.
Once you are redirected to the Payoneer sign up page, follow the prompts to register your Payoneer account.
Upon completion, Payoneer will review your application and send you a confirmation email with further details.
Payoneer will verify your payout account within 7 business days.
If you are an existing Payoneer user:
Once you are redirected to the Payoneer sign up page, select Click Here in the pop up as shown below.
You will be redirected to log in to your account, where you can then link it to ZilLearn.
Once your Payoneer account is verified and linked, it should reflect as Active like the image below:
Once your Payoneer account has been linked, you will receive a push and bell notification and can begin publishing paid courses.
How to withdraw your earnings from Payoneer
Viewing your payout information
Once you have linked your Payoneer account, you will be able to view your earnings and the payout you are due in the Earnings page.
Select Account Settings.
Under My Earnings & Payout, select Earnings.
When payout takes place
When you make a sale, your course revenue will be held for 45 days in Pending Balance in case your learner requests a refund.
Your revenue will be transferred to Next Payout Balance after 45 days. If your Next Payout Balance reaches the minimum criteria of USD20, it will be eligible for payout.
Payout will then automatically happen on the 1st of each month, where your payout amount will be credited to your Payoneer account.
Payoneer fees and exchange rates
For each payout from ZilLearn to your linked Payoneer account, Payoneer charges a processing fee of USD3.
If you are making a withdrawal from Payoneer that is not in USD, exchange rates will apply. More information and their supported currencies can be found here.
When making a withdrawal from Payoneer, there may be currency exchange fees applicable depending on your card or Local Bank Transfer. Detailed pricing and fees information for Payoneer withdrawals can be viewed here.