Changes to the payout process
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Hello PhilipStorm,
We are excited to introduce Hyperwallet payouts for our sellers, a top tier solution by PayPal to receive your earnings quicker and more efficiently. You will now be able to withdraw your funds to your Paypal (where its services are available) or bank account faster and at your desired frequency (weekly, monthly, etc.).
"As part of this upgrade, please note that Hyperwallet will be used for your next payout and other payment methods will not be available"
It looks like other payment methods like Payoneer will no more be available, for me and i think many others Paypal is not available in my country !!
Well, we can't withdraw money from paypal in my country, only do purchases, guess I will have to take out my stuff from the website
I use PayPal with Revolut
Probbly End of cgtrader'like platform is very close 3-7yrs : - Artists come here in internet to get Rid of gov. and feel free somehow to share-sell content, and introducing this (improvement - headache!) is making us to be more distanced, and even against whole platform. But of course termsOFservie it's not forced, wanna join - accept, not accepting - goodbye. Its understandable. - Not giving the Community a ways to choose.. is a bad sign! - ai piddle-experiments... whey have on their servers a laaaarge database of (topology wire example) load them into an smart' bad*ss ai engine' and as result No need in 3d content sellers (that is to say - not need to share money). That's exactly what each of us would do. I think this is the future of all 3dSelling platforms. Just enter some keywords.. and press generate )) (maybe alittlebit fantastic .. but think of it in light of this aiStuff is galloping evolving) . - Even paypal is not 100% secure .. Whole last year i've recived a tonn of scummers messages on mail attached to paypal .. Dont think this hypPerwallet) will change somethig. - Data! personal data! of course this is Vital for selling an 3d model of an apple ") on 3dstock, and no way without yo data.. social insurance number,phone,email,adress,driver's license,Postal code,datebirth, datedeath... What for ?! anyway in case of conflict - Blocking your account without any explaining , erase all data.. pff" it's easier than ever. - In Fact - most interesting question is who's real initiator of thisKind of changes, no matter what it is (hypErwallet,terms,royalitypolitic...). In substance - CgTrader cant do whatever they want, they have laws-restrictions on their back, + Paypal have theirs.. (i mean Local-Regional-global laws-restrictions). If u understand who's initiator, then is simple to calculate the next steps. Despite all of this.. i understand all Kind of this platforms, they have investors,bills,credits,sallaries... 1rst of all is money.. community-people is 2nd thing. Nothing unusual. To Artists - Dear friends ") Dealing this and all further changes... Take it easy, without any rush-rage no warm blood. Try to create-find your own "lagoona" (at least Cooperate!each-other)
So just wanted to add my two cents. I am in Canada and I successfully set up my Hyperwallet account, got it verified and all that jazz. I was able to get my payout that was pending because of the new system. The good thing I noticed is that you can set up auto transfer for Hyperwallet to transfer funds to your paypal account or your bank on a certain day each month. This essentially means it works like the original system. From what I also understand now CGTrader will be adding funds to the Hyperwallet more often like every Wednesday or every other Wednesday or something like that. And with the auto transfer you can just set it up to the date that you usually have would have gotten payouts and 100% of the money in your Hyperwallet.
As I could figure out, Hyperwallet is not Paypal. It's connection to Paypal is that you will withdraw your funds into Paypal with very small fees (for countries that use it). If your country doesn't use Paypal, you may choose wire transfer or bank transfer. For USA, Vimeo also is available. What annoyed me, is that for my country the bank transfer fees are very high.
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