Subscription Earning Details
How do I start earning on Hatch Social?
To kickstart your earning journey on Hatch Social, follow these simple steps:
- Set up your payment processor: Instead of using traditional bank accounts, Hatch Social utilizes Stripe as the payment processor. Ensure you have a Stripe account to seamlessly receive your earnings.
- Link your verified payment account: Connect your verified Stripe account to Hatch Social. This will enable hassle-free transactions and secure payment handling.
- Customize your content: Show off your unique talents and engaging personality by creating and customizing your content on Hatch Social. Let your creativity shine!
- Complete your account verification: To access all the platform’s features and maximize your earning potential, make sure to complete the verification process. This ensures a safe and trusted environment for both you and your members.
- By setting a subscription price that fits your offering: Determine the value of your exclusive content by setting a subscription price that fits your offering. Keep in mind that you might need to complete the verification process before setting your subscription price.
With these steps, you’ll be on your way to monetizing your content and connecting with your dedicated subscribers on Hatch Social. Get ready to turn your passion into earnings in a vibrant and upbeat community!
With an impressive 70% payout, you can confidently pursue your passions and reap the financial rewards along the way. Hatch Social is here to support you on every step of the journey to ensure your experiences are nothing short of exceptional.
We’re all about keeping things simple and exciting when it comes to your payouts on Hatch Social. Let’s break it down in a way that’s easy to digest.
- Available Payout Methods: For ease and reliability, all payments/payouts are transacted through Stripe
- Statements Page: Think of your Statements page as your hub for all things related to your earnings. From your Payout Request to your Pending Balance and Earnings, it’s all neatly displayed to keep you in the loop.
- Pending Balance: This is the amount you’ve earned over the last 30 days. It’s like a running total of your recent success! Your earnings from the Pending Balance become available for withdrawal from the Current Balance on a 30-day rolling basis. Keep that balance rolling in your favor!
- Refunds and Chargebacks: We’ve got your back if a subscriber requests a refund or causes a chargeback. If it happens and they succeed, don’t fret! You’ll see an Adjustment in your Statements page to keep things fair and transparent. Our Status column will indicate if any earnings were reversed or adjusted.
- Fast and Efficient: Our goal is to make your withdrawal process as smooth and speedy as possible. All withdrawal requests and bank payouts are processed right away, and you can expect them to appear within 3-5 business days. It’s quick, reliable, and hassle-free!
We believe in simplifying the payout process, empowering you to focus on what you do best – creating incredible content and enjoying the rewards it brings. So, get ready to take full advantage of your payouts on Hatch Social and fuel your journey toward success!
Get excited to monetize your passion even further! As a creator on Hatch Social, you’ll enjoy a fantastic payout structure that puts more earnings in your pocket.
Here’s the scoop: You’ll receive a whopping 70% of the revenue on every dime you earn. Yes, you read that right! Whether it’s from subscriptions, paid messages or tips, the majority of the revenue goes straight to you, rewarding your hard work and talent.
The remaining 30% covers a range of essential services that make Hatch Social the thriving platform it is. This includes referral payments, streamlined payment processing, reliable hosting, top-notch support and a whole array of other valuable services that fuel your success.
Attention to U.S. Creators: Important Tax Form Information.
As a creator based in the United States, it is essential to understand the IRS Form 1099 process. If you have earned and withdrawn over $600 USD in the previous tax year, you will receive a Form 1099 from the IRS. This form will be physically mailed to the address listed on your W-9 form. If you have changed your address, please remember to update your W-9 form promptly to ensure the delivery of your tax documents. Additionally, you can obtain a digital copy of your 1099 form by visiting the Banking page and following the instructions provided.
To access proof of income, you can conveniently refer to your Earning Statistics page for detailed records.
For more detailed information regarding the 1099 Tax Form, we encourage you to review the dedicated section on our platform. Stay informed and meet your tax obligations with ease.