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Payment
- 12 Dec 2022
- 3 Minutes to read
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Payment
- Updated on 12 Dec 2022
- 3 Minutes to read
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Contributors
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Print
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DarkLight
All payments are sent only through PayPal. We can’t transfer payments through other vendors or via bank transfer.
If you want to work for us, you'll need to not only have a PayPal account but also be able to receive payments through that account. There are several reasons you may not receive the payment:
- You haven't verified your PayPal account.
- Your PayPal account is authorized to only send money, but not receive it.
- Your PayPal account is registered in a country where only some PayPal services are supported.
Specifically, if you're from any of these countries — where PayPal is unavailable or provides limited services — we won't be able to accept your application:
Afghanistan, Angola, Anguilla, Antarctica, Armenia, Aruba, Azerbaijan Republic, Belarus, Benin, Bhutan, Bolivia, Bouvet Island, British Indian Ocean Territory, British Virgin Islands, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Christmas Island, Comoros, Democratic Republic of Congo, Republic of Congo, Cook Islands, Côte d’Ivoire, Crimea, Cuba, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands, Gabon Republic, Gambia, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and McDonald Islands, Iran, Iraq, Ivory Coast, Kiribati, Kyrgyzstan, Lao, Laos, Lebanon, Liberia, Libya, Macedonia, Madagascar, Maldives, Mali, Marshall Islands, Mauritania, Mayotte, Federated States of Micronesia, Mongolia, Montenegro, Montserrat, Namibia, Nauru, Nepal, Netherlands Antilles, Niger, Nigeria, Niue, Norfolk Island, North Korea, Pakistan, Papua New Guinea, Paraguay, Pitcairn Islands, Rwanda, Saint Helena, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Serbia, Sierra Leone, Solomon Islands, Somalia, Sri Lanka, Sudan, Suriname, Svalbard and Jan Mayen, Swaziland, Syria, Tajikistan, Tanzania, Togo, Tonga, Tunisia, Turkey, Turkmenistan, Tuvalu, Uganda, Ukraine, Vanuatu, Wallis and Futuna Islands, Yemen, Zambia, Zimbabwe
Payment Cadence
For all projects marked as complete from the 1st through the 15th of a month, you'll be paid on the 24th of that month, whereas for all projects marked as complete from the 16th through the last day of a month, you'll be paid on the 9th of the next month.
If the 9th or 24th falls on a US federal holiday or weekend, payment will be processed on the last business day preceding it.
On your dashboard, the PAYMENT HISTORY section lists all projects we’ve paid you for in the past. In the PENDING PAYMENTS section, you'll find completed projects and those still in progress.
PayPal Account Details
To ensure that your payment goes through, please add the email address linked to your PayPal account in your dashboard under the BILLING INFO tab on the My Account page.
The name and email you enter here must match the name and email on your PayPal account. However, this information does not need to match the name and email in your Personal Data tab.
Missing Payment
If you believe that you didn’t receive payment for a completed project, please reach out to our support team through Compose.ly Bot.
You can use the following chat flow:
My account or status with Compose.ly > My payment > I didn’t receive payment for a project I completed last month
The chatbot will create a ticket, which will go to our support team. We’ll check and get back to you ASAP.
IMPORTANT
If you face any problems receiving your payment from PayPal after we release it, you'll have to contact PayPal support to sort out any issues there may be.
Filing Taxes (for US-Based Users Only)
According to IRS's instructions for Form 1099-MISC:
Payments made with a credit card or payment card and certain other types of payments, including third-party network transactions, must be reported on Form 1099-K by the payment settlement entity under section 6050W and are not subject to reporting on Form 1099-MISC.
The payment settlement entity in our case is PayPal. In other words, Compose.ly shouldn't be providing Form 1099-K to its contractors — PayPal should.
PayPal has some restrictions regarding this though:
Only accounts with more than 200 individual transactions and $20,000 in gross payment for sales or services in a given calendar year will be given a Form 1099-K by PayPal.
If you have further questions regarding tax information, please reach out to PayPal support.
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