Payouts How it works
Cinefanz Payouts How it work
When a member becomes a verified content creator they can sell access to their content where they can set the price for that access.
Custom Videos, live streaming, and Images 80%.
A content provider is pay 80% of the price set by the content creator while Cinefanz cut is 20%
Example;
Content creator charges $10 for access to a video, Content provider payout is $ 8.0 when they do a withdrawl from their account, $2 goes to Cinefanz.
Payments are within 30 days of the withdrawal request, this is to take into account if there are any chargebacks or refunds.
Any charge backs or refunds may within those 30 days are deducted from your payout amount.
Minimum payout amount is $100 (you must make over $100 in that monthly timeframe to get a payout.)
You can track your earnings from your account.
Bank Transfers:
If you select bank transfers as a payout method.
If your bank is not located in the United States, you will be charged a $40 transfer fee which will be deducted from your withdrawl amount.
Items that need to be filled out in your W9
Box 1: Full Name
Box 2: If applicable otherwise leave blank.
Box 3: Filing Status
Box 5: Address
Box 6: City, State and zip code
Part I Taxpayer Identification Number (this can be your EIN or SSN).
When a member becomes a verified content creator they can sell access to their content where they can set the price for that access.
Custom Videos, live streaming, and Images 80%.
A content provider is pay 80% of the price set by the content creator while Cinefanz cut is 20%
Example;
Content creator charges $10 for access to a video, Content provider payout is $ 8.0 when they do a withdrawl from their account, $2 goes to Cinefanz.
Payments are within 30 days of the withdrawal request, this is to take into account if there are any chargebacks or refunds.
Any charge backs or refunds may within those 30 days are deducted from your payout amount.
Minimum payout amount is $100 (you must make over $100 in that monthly timeframe to get a payout.)
You can track your earnings from your account.
Bank Transfers:
If you select bank transfers as a payout method.
If your bank is not located in the United States, you will be charged a $40 transfer fee which will be deducted from your withdrawl amount.
ATTENTION ALL U.S. CONTENT CREATORS
If you make over $600/year in payouts you will receive a W2 by January, if you make less you will not receive a W2. Only payout of over $600/year are required by the IRS to have a W2, once you have signed up to be a creator you will be given a link to a W9 form for you to fill out. if you don't want to fill out a W9 form you can still use the site, but you will have a extra 24% withheld from any payouts as allowed by the IRS until you do, so fill out your W9 so you won't be penalize.Items that need to be filled out in your W9
Box 1: Full Name
Box 2: If applicable otherwise leave blank.
Box 3: Filing Status
Box 5: Address
Box 6: City, State and zip code
Part I Taxpayer Identification Number (this can be your EIN or SSN).