5 May 2021 | 2 min read

How to Set a Payout Method in IPXO Marketplace

Learn how to set a payout method to receive money earned via the IPXO Marketplace.

It is important to define a payout method in IPXO Marketplace so that we could transfer the money that you earned once you monetize your IP addresses.

To set the desired payout method, you firstly need to access the Payout Methods menu: Navigate to Portal -> Profile -> Billing -> Payment & Payout Methods -> Payout Methods.  

Steps in the IPXO Marketplace Billing menu to access Payout Methods.
How to access the Payout Methods list in the IPXO Marketplace Billing menu

How to set the payout method to PayPal 

If you choose PayPal as your withdrawal method, you will not need to pay a withdrawal fee. The minimum amount to receive a payout via PayPal is $100 (USD). 

PayPal payout method in the IPXO Marketplace Payment & Payouts menu.
PayPal payout method in the IPXO Marketplace Payment & Payouts menu

Note: You can choose from many different payout cycles, instead of receiving monthly payouts set by default 

  • Monthly  
  • Quarterly 
  • Semi-annually 
  • Annually 
  • Custom 

How to set the payout method to Bank Transfer 

If you choose a Bank Transfer as your withdrawal method, you will have to pay a withdrawal fee of $25 + any transaction fees that may be charged by your bank. The minimum amount you can receive as a payout via a bank transfer is $300. It might take 5-7 business days for an international transfer to reach you. 

Bank Transfer payout method in the IPXO Marketplace Payment & Payouts menu.
Bank Transfer payout method in the IPXO Marketplace Payment & Payouts menu

Note: You can choose from many different payout cycles instead of receiving monthly payouts set by default. 

  • Monthly  
  • Quarterly 
  • Semi-annually 
  • Annually 
  • Custom 

How to set the payout method to Credit Balance

If you chose Credit Balance as your payout method, the earnings will be converted into credit free of charge. Note that converted credits cannot be reversed or added back to the payout method. 

If you close the account, the minimum payout threshold is $50.  

Credit Balance payout method in the IPXO Marketplace Payment & Payouts menu.
Credit Balance payout method in the IPXO Marketplace Payment & Payouts menu

If you have any further questions, feel free to contact us via Help IPXO

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