Swap.com offers a variety of ways for you to get paid for your items sold:
Payout Methods Include:
- Store Credit
- Cash - Electronic deposits into the bank account of your choice (via Bill.com)
- Cash - Check mailed via USPS to the address of your choice (via Bill.com)
NOTE: Minimum cash payout will now be $10.00, meaning payouts will be issued once your account reaches a running sales total of $10.00. Credit payouts will require no sales minimum. Please ensure your payout method has been selected 24 hours in advance of the payout processing date to ensure accurate delivery.
How to Elect Your Preferred Payout Method:
- Access your account on Swap.com.
- Click on the “Seller Preferences” page and select one of the following options:
- Swap.com Store Credit
- Cash
- Update/Validate your name and address associated with your account.
NOTE: If you elect a cash payout, you will receive an email invitation from Bill.com. Once you accept this invitation, you will be able to set up a preferred bank account to receive your payouts electronically. If you do not accept this invitation and set-up your bank account information, you will receive your cash payout via a check through USPS.
Payment Set-Up Examples for Electronic Deposit and Check By Mail with Bill.com
- Select "Cash" on your sales preferences page
- Fill in your mailing address as this is still used to verify your account
- Wait for an email invite from Bill.com to arrive within 1 week (7 days) of submission. The subject is: "Swap.com, Inc. Electronic Payment Invitation."
- Follow instructions provided in the email to set up your account with Bill.com. This will include inputing your preferred bank routing and account numbers. Please note: this is not visible to Swap.com. We partnered with Bill.com as a reputable vendor to ensure your optimal security.
- Upon payout when your $10 minimum is reached, you will receive an email notification from both Swap.com & Bill.com about your payment being processed. If you've set up electronic deposit, this will show up in your bank account in approximately 3 business days.
- Select "Cash" on your sales preferences page
- Fill in your preferred check payable to and mailing address information.
- You will receive an invite from Bill.com within 7 days. If you'd like to set up electronic deposit, you can follow these instructions. If not, no further action is required of you.
- Upon payout when your $10 minimum is reached, you will receive an email notification from both Swap.com & Bill.com about your payment being processed. Bill.com will send you a notification via email when your check is mailed. This will show up approximately 7-10 business days after the payout is processed.
Payout Guidelines:
- Payments will be processed on the 1st business day of the month, for sales of the prior month.
- Store credit payments will be applied to the users Swap.com account on the 1st business day of each month.
- Electronic payments to the users preferred bank account will arrive in approximately 3 business days after payouts are processed.
- Check payments by USPS will arrive in approximately 7-10 business days after payouts are processed.
Payout Calendar 2018/2019:
|
Sales |
Payout Processed |
|
October 11 - October 31, 2018 |
November 1, 2018 |
|
November 1 - November 30, 2018 |
December 3, 2018 |
|
December 1 - December 31, 2018 |
January 2, 2019 |
|
January 1 - January 31, 2019 |
February 1, 2019 |
|
February 1 - February 28, 2019 |
March 1, 2019 |
|
March 1 - March 31, 2019 |
April 1, 2019 |
|
April 1 - April 30, 2019 |
May 1, 2019 |
|
May 1 - May 31, 2019 |
June 3, 2019 |
|
June 1 - June 30, 2019 |
July 1, 2019 |
|
July 1 - July 31, 2019 |
August 1, 2019 |
|
August 1 - August 31, 2019 |
September 2, 2019 |
|
September 1 - September 30, 2019 |
October 1, 2019 |
|
October 1 - October 31, 2019 |
November 1, 2019 |
|
November 1 - November 30, 2019 |
December 2, 2019 |
|
December 1 - December 31, 2019 |
January 2, 2020 |