We currently support payouts in the following currencies:

• Australian Dollar (AUD)
• British Pound Sterling (GBP)
• Canadian Dollar (CAD)
• Chinese Yuan (CNY)
• Czech Koruna (CZK)
• Danish Krone (DKK)
• Euro (EUR)
• Hungarian Forint (HUF)
• Polish Zloty (PLN)
• South African Rand (ZAR)
• Swedish Krona (SEK)
• Swiss Franc (CHF)
• US Dollar (USD)

You can select the currency in which you would like to be paid out in through your Transfer Preferences. Select ‘Bank/Wire Transfer’ as your ‘Payment Method’ and you will be prompted to select your ‘Transfer Currency’.

If you opt to receive payment in a currency different to the Balance Currency, then we reserve the right to charge a conversion margin of up to 1.5%, for the avoidance of doubt this will not be reflected in the Paddle Margin which is presented in your Balance Currency. We will go to all reasonable efforts to ensure no additional fees are charged during withdrawal, but are not responsible for any charges that do occur.

If your bank imposes expensive fees for receiving funds in your Default Currency, Paddle will convert your balance at a competitive rate, offered to us via our payout partner, before sending your payout.

If your local currency isn’t supported we can send the payout in the most competitive Default Currency and your bank will convert the payout to your local currency. Any subsequent charges will be from your bank, and are incurred by you directly.

If you have any questions about payouts, or would like advice on the most cost-effective way to receive your earnings, please don’t hesitate to contact us.

No, Paddle is set up so that you do not have to invoice us when you receive your payout from us. For each payout, Paddle will automatically generate and send you what is called a ‘Reverse Invoice’, where we bill ourselves to your company for the amount of your payout. No action is needed from you here. The Reverse Invoice from Paddle contains all the details you need for your tax accounting purposes. The invoice is sent to all Admins in your account when we send the payment.

Paddle will not charge any fees on payouts made to you. Any charges that are made against these payouts will be from your bank or payment provider, depending on the method of payment. We fulfil payouts of your Current Balance (with Paddle fees already deducted) for all payment methods.

When using PayPal, you can be paid in USD, EUR or GBP. You’ll be subject to all PayPal fees, depending on your PayPal account type. We also fulfil payouts via Payoneer - in USD only - and just like PayPal, you are subject to all Payoneer fees, depending on your Payoneer account type.

Paddle will make any effort to avoid the fees charged on your payouts. You may however be charged a $/€/£15 fee for bank transfers. In most cases, if the payout currency is the local currency of the payment destination, there will be no charge. Any other payment will be charged $/€/£15. The amount is deducted before your invoice is created, so the invoice amount is the amount sent. Any subsequent charges will be from your bank, and are incurred by you directly.

Bank/wire transfer can also be routed via a third-party bank, (an intermediary step along the way to facilitate swift movement of funds into your account). If you wish to use an intermediary bank you can specify which one in the Notes / Comments section of your payout settings. Payouts via this method incur a charge with each intermediary bank subject to their own commissions and fees, therefore they are incurred by you directly.

ACH payments are electronic payments sent within the US only, with payouts in USD only. ACH payments are cheaper. We do not charge any fees, so you receive the full value.

If you opt to receive a payout in a currency different to your selected Balance Currency, then we reserve the right to charge a conversion margin of up to 1.5%, which will be taken into account at the point of payout.

SEPA Payments are made from one EUR account to another EUR account within the Eurozone. If your balance is in EUR, request payouts to be in EUR and your designated bank is in the Eurozone, you’ll incur no charges.

No. The way this works is that when you as the seller sell your product to Paddle, the sale of the software (or any digital content) is a cross-border transaction between two businesses (B2B) and is subject to reverse charge in the country of the buyer’s tax residency (i.e. UK for Paddle).

From your perspective, no tax is charged to Paddle as the supply is taxable in the country of the buyer (i.e. Paddle) through the reverse charge mechanism, meaning we charge ourself VAT and then claim it back.

As sales of your product accumulate you build up a balance on Paddle which is then paid out when it reaches a threshold (read more about that here).

Alongside this payout process, you are provided with a series of documents that help you understand what revenue you made, what fees you incurred and so on. Below are the different types of documents and how you access them.

What do I receive?

You will receive a copy of each of the following documents per payout currency you have enabled (not the currencies you sell in, but those you receive your payout in). This includes a Statement, one or more Reverse Invoices, and a Remittance Advice document.

Seller Statement

Your Paddle statement is always sent monthly, separate from any payouts and supporting documentation. This means that if you don’t receive any payout because you haven’t met the (threshold), you will still receive a statement. This outlines some of your core financial data regarding your Paddle account, including:

• Total Gross Sales
• Sales Taxes Withheld
• Paddle’s fees
• Account adjustments (accounting for things like customer refunds)
• Your opening and closing balances

Reverse Invoices

A ‘Reverse Invoice’ is a document we automatically generate and provide you with, that acts as an invoice from you to Paddle for the amount of your payout. You will receive one or two of these invoices depending on the territories your products are sold into. That’s a lot easier for accounting purposes than dealing with thousands of receipts and invoices! Each month whenever you receive a payout you will be sent one or both of the following:

• United States: When customers from the United States purchase your products, this will be handled through our US entity, Paddle.com Inc.. This US revenue you earn is then paid out to you, and you receive a US ‘reverse invoice’ from Paddle.com Inc.
• Rest of World (RoW): When your products are sold to customers outside of the United States, we do so using either our UK business entity, Paddle.com Market Ltd., or our Irish business entity, Paddle Payments Ltd., depending on where you’re based. You will then receive a reverse invoice from that UK or IRE entity relating to those ‘Rest of World’ sales.

Remittance Advice

The remittance advice document displays the amount paid out across both of the above ‘reverse invoices’, so you have a single document that clearly confirms the total amount paid out.

If you only have revenue from either the US or the RoW, and therefore only receive one of the ‘reverse invoice’, you will still receive the remittance advice document.

How do I access these?

Email

All of these documents will be emailed to you each month, when you meet the payout thresholds to qualify for them. Emails will be sent to the Admin users on your account, and will require you to login to access the documents, to ensure security.

Paddle Dashboard

For users who can access the payouts area - Admins and Finance roles in your Team - you can also access that area of the dashboard to download your documents.

Is this everything I need?

For accounting purposes and corporation tax purposes (not sales tax; Paddle has that covered) you might need to export transaction level data to see the Paddle fee on each payment, and the end customer details. This can be accessed through the Reports section, in the ‘Transactions’ report.

As you make sales through Paddle a balance of funds will grow in your account, this can be easily viewed from your Paddle dashboard. Sellers cannot withdraw their balance on demand since there is a monthly payout schedule.

On the 1st of each month, we convert this balance into a payout ready to be transferred to you, at this moment you will see your payout is ‘Pending’. Your pending payout will be transferred to you by the 15th of that month, at which point your payout will be listed as ‘Completed’.

You can receive your payment either via wire transfer, PayPal or Payoneer. For most countries, Paddle will not charge you any fees on your payout. However, for certain countries a $15 SWIFT fee may be applicable. Charges may also be brought about by PayPal or by your bank.

Some money transfer services like TransferWise and ePayments use online accounts. These services provide banking details such as BIC/SWIFT, IBAN, and account number, which can be used to send or receive money. If the money transfer service you’re using provides you with these details, you can receive payouts from Paddle by updating the transfer preferences page with these details. Any subsequent charges will be from your provider, and are incurred by you directly.

Setting up to receive your first payout

You need to select your preferred payout method and have entered your details in Transfer Preferences in order for us to pay you.

Threshold for payouts

After entering your transfer details you can adjust the threshold amount for payouts, the minimum being $100 adjustable all the way to $10,000 (if your account balance is in Euros or British Pounds, this translates to £100 and €100 respectively). This minimum threshold is in place in order to stop excessively small payouts being made, which would still incur the same fees from a seller’s bank, meaning only a very small amount would actually reach a seller’s bank account.

If your balance falls below the minimum threshold amount, this will be carried over onto the following month, up until the minimum threshold is met.