What are Marketplace Payouts?

Marketplace Payouts allow you to get paid by various marketplaces even where you don’t have a local bank account. We handle the acceptance of the funds directly by the marketplace, and ensure it is deposited into your Digital Wallet. 

Example: If you’re a UK seller who wants to sell in the US, you could use Marketplace Payouts to start accepting payments and begin selling in the US without a US bank account. 

You can go to the "Wallet Balances" tab for your Digital Wallet to find the details of the Collection Account  where the marketplace should send your payments (e.g. USD or GBP). You can also generate a Bank Welcome Letter as proof of account ownership if required. 

The marketplace will send a bank transfer to the Collection Account provided. Once the fund arrives you will be able to view the balance in your Wallet.