Getting Paid
How pay-outs are received.
All transaction details and financial records are easily accessible and exportable within the Skolarships user dashboards, ensuring transparency and ease of use for all member types. Users have access to a complete set of transactions and invoices, which they can download for tax and accounting purposes.
If you process $1,000,000,000 on Skolarships, we buy you a Private Jet.
At $1,000,000 we fly you out to NYC and get your billboard at Times Square.
At $750,000 we buy you a Rolex.
At $500,000 we buy you a professional content studio set-up.
At $250,000 we fly you out to a professional content studio to film your courses.
At $100,000 we connect you directly with top-creators in your industry.
At $50,000 we accredit you as a verified Skolarships creator.
At $10,000 we send you a mystery merchandise package.
At $1,000 we send you a handwritten card.
There are also many more prizes... Why? We want to make sure that people are excited to make money on the internet.
Skolarships Payments
Skolarships streamlines the process of receiving payments, offering an efficient experience for both creators and community members.
With Skolarships, users have a variety of payment options at their finger tips, including credit card, Google Pay, Apple Pay, and cryptocurrency.
This system provides users with unparalleled flexibility when subscribing to communities and paying for in-app services.
With help from notable PSPs, Skolarships simplifies crypto, card transactions and other pay-outs for creators. By easily connecting bank accounts, users can start monetizing on Skolarships instantly. All pay-outs are processed through selected PSPs via ACH & IBAN transfers, and are delivered in the currency the customers pay in.
Moreover, users have full control over the frequency and timing of their pay-outs—whether they prefer daily, weekly, monthly, or every Thursday, the choice is entirely up to them.
PSP (Payment Service Provider) Integrations
To seamlessly integrate one of the PSPs as a payment processor, simply link your PSP account to Skolarships.
Within the Payments tab in the profile section, navigate to 'other payment methods' and locate the desired PSP.
From there, users can effortlessly follow their onboarding process to connect your existing account or set up a new one.
With this integration, creators have the flexibility to accept both one-time payments and recurring subscriptions via the PSPs provided.
PSP Partners
Crypto pay-outs
Additionally, if you are a creator looking to accept cryptocurrency payments, Skolarships offers integration with Coinbase Commerce as well as manual withdraws as a way to process one-time payments.
All payments will be sent directly to your appropriate crypto wallet (Coinbase account, MetaMask, TrustWallet, etc). See Crypto for more information.
On the Pay-outs page, navigate to 'Other payment methods' and click on Coinbase Commerce or manual withdraw.
From there, users can effortlessly follow their onboarding process to connect the existing account or paste the desired wallet address.
With this integration, users can only accept single payments. Crypto withdraws are not supported for subscriptions.
Note: Once your Coinbase account is linked, users can easily include it as a payment option within your pricing settings.
Most PSP payments do not capture billing/shipping addresses, thus these won't be available in payment exports.
Note: Promo codes, waitlists, free trials, and accepting transfer links for renewals are currently not supported with PayPal payments.
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