Payout Policy

Effective Date: January 10, 2026
Last Updated: January 10, 2026

Overview

Wricop's Marketplace enables non-fiction authors to sell projects, eBooks, and digital products. This policy details how earnings are calculated, held, and paid out. Participation implies agreement to these terms.

Payout Schedule

Payouts process manually during the last week of each month, with exact dates varying due to processing, weekends, or holidays. Authors receive email confirmation upon initiation. Earnings from the prior month become eligible after a clearance period.

Minimum Payout Threshold

Authors need at least 50 USD in cleared earnings for payout eligibility. Balances below this roll over to the next cycle until the threshold is met.

Supported Payout Methods

Authors must link one active account: PayPal, Payoneer, or Wise. Wricop supports countries compatible with these providers for USD transfers. Authors bear all provider fees, currency conversion costs, and failed transfer risks due to outdated details.

Eligibility and Verification

Authors must complete identity verification, including payout account details. Wricop may restrict payouts in unsupported countries or under sanctions. Funds from prohibited products (e.g., illegal content, hate speech) may be withheld or forfeited.

Fees and Deductions

Wricop deducts platform fees before displaying "available balance." Refunds, chargebacks, disputes, or processor fees reduce payouts and create negative balances offset against future earnings. Authors cover all external fees.

Deduction details:

Platform Fee: Percentage/fixed per sale (detailed in Pricing) – Wricop deducts upfront
Refunds/Chargebacks: Customer reversals post-sale – Deducted from author earnings
Payment Processor Fees: PayPal/Payoneer/Wise charges – Author responsibility
Fraud/Dispute Holds: Suspicious activity reviews – Temporary Wricop hold

Clearance and Holds

Funds clear after 30 days to cover disputes. Wricop may hold payouts for: policy violations, high refund rates (>10%), incomplete verification, or fraud suspicion. Violating accounts face suspension and payout blocks.

Taxes and Reporting

Authors handle all taxes (income, VAT) in their jurisdiction as independent sellers. Wricop provides earnings summaries but issues no tax forms unless legally required. Tax IDs may be requested.

Failed Payouts and Account Changes

Incorrect details cause failures; funds return to balance for retry next cycle. Authors must update info promptly. Wricop isn't liable for losses from errors.

Account Closure

On closure, balances ≥50 USD pay out next cycle. Smaller amounts require request. Dormant accounts (>12 months inactive) may incur fees or escheatment per law.

Policy Updates

Wricop may amend this policy with 30 days' notice via email/dashboard. Continued sales imply acceptance.

Contact

Disputes or questions: [email protected]. This policy integrates with Wricop Terms of Service.