Payout Threshold in Canva is a feature that helps you manage your earnings. It allows you to decide when you want to receive payments for the designs you create and sell. By setting a payout threshold, you can ensure that you get paid for the work you do and don’t have to wait too long for the money.
In Canva, the payout threshold is determined by the total amount of earnings from selling your designs. You can customize this amount by selecting a minimum payout amount on your account settings page.
This minimum amount will be used as the basis for when payments are made. For example, if you set a $50 payout threshold, any earnings over $50 will be paid out once they reach this amount.
Payouts are made via PayPal or bank transfer. You can choose which payment method is more convenient for you and update it on your account settings page. Once the payment method is chosen, all future payments will be sent according to this option.
The payout threshold also helps protect your earnings from being spent before they reach the minimum amount. Any earned money below this threshold won’t be paid out until it reaches or exceeds the minimum set by you. This means that no matter how much money has been earned, only payments above the specified threshold will be sent.
Conclusion:
Payout Threshold in Canva is an essential feature that helps ensure quick and easy payments for designers who sell their work online. It allows designers to decide when they want to receive payments and protects their earnings from being spent before they reach a certain amount. With this feature, designers can enjoy greater control over their finances and make sure they always receive timely payments.
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