Payout method

Payment through PayPal

● Revenue will be paid through the PayPal account you entered when filling out the Seller Info.

Additional Guidance

• If there are issues with your PayPal account, payments will be temporarily suspended, and you will receive a request to resubmit Seller Info.
• If you wish to change the PayPal account receiving the revenue, you must resubmit Seller Info. If the newly submitted Seller Info is not approved before the payment date, the payment may be deferred to the next month.

Payment through Bank Transfer

● For sellers who cannot use PayPal, payment through wire transfer will be processed twice a year.

● Payments are made in June and December.

How to Receive Payment via Wire Transfer

1. Provide the following information to the administrator through the Connect inquiry:

• CONNECT Name
• CONNECT (CLO-SET) account
• Name (real name)
• Swift code
• IBAN (International Bank Account Number)
• Country (with bank account)

2. Submit Seller Info.

• When submitting Seller Info, enter the PayPal account as follows:

      (ex- withoutpaypal@clo-set.com ) 

Additional Guidance

• Payment through bank transfer is only possible for countries that cannot use PayPal or under special circumstances.
• Even if you have provided bank account information, if Seller Info is submitted and fails the inspection, earnings will not be paid.
•  If both steps 1 and 2 are completed, earnings will be transferred to the registered account in June and December. You may receive an email confirming the completion of PayPal payment, but it has been transferred to the bank account, so you may disregard it.
• If you want to change the bank account information, you must resend the information for step 1 before the payment is delivered.