In order to transfer funds, payout providers typically charge processing fees per transaction. Too Lost subtracts these from your requested payout. Here is a full disclosure of the processing fees included with each transaction:
Tipalti:
Domestic (U.S Residents): $5.32 USD
International (Non-U.S Residents): $25.00 USD.
Tipalti offers multiple payout options; Domestic/International Wire, ACH/Direct Deposit, PayPal Express, Physical Check (delivered in the mail).
Tipalti Payouts may take 1-7 business days to process. Physical Checks may take 14 business days to arrive at your account address. The minimum payout amount is $50.00 for all Tipalti transactions.
To learn more about Tipalti, see here: https://tipalti.com/
PayPal:
Domestic (U.S Residents): $1.00 USD + 2.7% of payout per payment, not to surpass $2.00 USD.
International (Non-U.S Residents): $1.00 USD + 2.7% of payout per payment, not to surpass $22.00 USD
Individual PayPal payouts cannot exceed $29,999 USD.
PayPal Payouts may take 1-14 business days to process.
To learn more about PayPal, see here: https://www.paypal.com/
Venmo:
$1.00 USD + 2.7% of payout per payment, not to surpass $2.00 USD.
Venmo payouts are currently only available for U.S citizens.
Individual Venmo payouts cannot exceed $4,999 USD.
Venmo Payouts may take 1-14 business days to process.
To learn more about Venmo, see here: https://venmo.com/
Stripe:
Domestic (U.S Residents): $1.00 USD + 2.7% of payout per payment, not to surpass $2.00 USD.
International (Non-U.S Residents): $2.00 USD + 2.5% of payout per payment, not to surpass $22.00 USD
Additional ACH/Direct Deposit fees may occur depending on your own arrangements with your banking institution. If you are wondering if you may be subject to ACH deposit fees, we recommend that you contact your bank directly.
Bank Transfers may take 1-14 business days to process.
To learn more about Stripe, see here: https://stripe.com/
Nerve:
$1.00 USD + 2.7% of payout per payment, not to surpass $2.00 USD.
Nerve payouts are currently only available for U.S citizens.
Nerve Payouts may take 1-5 business days to process.
To learn more about Nerve, see here: https://www.nerve.money/