# Payout

> Understand how payouts work for creators, including payment schedules, methods, and best practices for managing your earnings.

Canonical URL: https://crevio.co/glossary/payout

##  What is a Payout?

A payout is the transfer of earned revenue from a platform to a creator's bank account or payment method. For creators selling [digital products](/glossary/digital-product), courses, or memberships, understanding payout schedules and processes is essential for managing cash flow.

## How Payouts Work

1. **Customer Purchase**: A customer buys your product or subscription
2. **Platform Processing**: The platform processes the payment and deducts fees
3. **Holding Period**: Funds may be held for a period (often 7-14 days) to account for refunds
4. **Payout Initiation**: The platform transfers funds to your connected account
5. **Bank Processing**: Funds appear in your account (1-3 business days)

## Payout Schedules

- **Daily**: Funds transferred every business day
- **Weekly**: Aggregated payouts once per week
- **Monthly**: All earnings paid once per month
- **On-Demand**: Request payouts when you need them (may have fees)

## Key Considerations

- **[Payment Gateway](/glossary/payment-gateway) Fees**: Understand what percentage is deducted
- **Currency Conversion**: International creators may face exchange rate fees
- **Minimum Thresholds**: Some platforms require minimum balances before payout
- **Tax Implications**: Track all payouts for accurate tax reporting
- **Refund Impact**: Refunded transactions reduce your payout balance

## Best Practices

- Connect a business bank account for cleaner bookkeeping
- Set aside a percentage for taxes with each payout
- Monitor your payout dashboard regularly for discrepancies
- Understand the platform's refund and [chargeback](/glossary/chargeback) policies