Schedule Withdrawals

[kindoflost]

What if we could schedule withdrawals?
I am thinking about options:
1.- method (i.e. PayPal)
2.- set amount (i.e. every time there is $100 available)
3.- every x day of the week (i.e. every Friday) or of the month (i.e. every 30th of a month)
4.- a combination of 2 and 3
5.- right after we pay for promoted gigs (this could be every 2nd of the month…)
etc
It would be nice.

[krheate]

That would be nice!!

[barrisam]

It would be nice, really. Medium schedules their payment to every third wednesday of the month.

[humanissocial]

It would be nice, really. Medium schedules their payment to every third wednesday of the month.

I love how Medium does things!

I would prefer this, also, or at least have the choice.

I imagine the reason Fiverr doesn’t do this is that most of their Sellers are very poor and rely on Fiverr and can’t afford to wait longer than the two-week period.

[barrisam]

But if poverty level is the reason, each individual payment pending for two weeks belies that.

Most fiverr sellers do not earn enough in a single payment. $5 and $10 gigs are very common and you can’t really withdraw that after it is cleared in two weeks. Now if you have to wait to get a sizeable amount before withdrawing, you might have to wait for a month or two for each individual payment to complete their cycle.

[humanissocial]

But if poverty level is the reason, each individual payment pending for two weeks belies that.

Most fiverr sellers do not earn enough in a single payment. $5 and $10 gigs are very common and you can’t really withdraw that after it is cleared in two weeks. Now if you have to wait to get a sizeable amount before withdrawing, you might have to wait for a month or two for each individual payment to complete their cycle.

But if poverty level is the reason, each individual payment pending for two weeks belies that

That’s why I said longer.

If your two week period ends June 10 but the payment schedule is June 5 and June 30, that means the seller has to wait another 10 days on top of the two weeks. That’s almost a month.