Each user on Winamp for Creator has a Winamp Wallet accessible through the Admin dashboard "Wallet" with key functionalities:

  • Total User Balance: Users can view their current wallet balance.
  • Available User Balance: Users can see the amount available for withdrawal.
  • Transaction History (made): Users can review payments made to collaborators
  • Transaction History (received): Users can review payments made to collaborators
  • Manage Payment Methods: Users can set up payment methods for withdrawals.

How to navigate to your Wallet?

To access your Winamp wallet, navigate through the admin dashboard and select Winamp Wallet from the options provided.

 

Screenshot 2024-06-28 at 13.27.10.png

Clicking on "Wallet" will automatically redirect you to your own wallet interface, which will currently be empty as I have not generated any revenue yet.

 

Screenshot 2024-06-28 at 13.29.03.png

 

Your Account Balance explained?

In your account balance, you'll find either the revenue you've generated or the revenue allocated to you based on the label owner's revenue share rules.

Let's quickly make a recap of the applicable revenue share for each service line: 

  • Fanzone: Winamp deducts a 15% fee from the revenues generated.
  • Distribution: Artists retain 100% of their earnings generated.
  • Rights Management: Artists receive 90% of the copyright royalties generated.
  • Winamp Collectibles: Artists receive 92,5% of the gross revenue received.
  • Content ID: Artists receive 80% of the gross revenue received.
  • Licensing In Store: Artists receive 75% of the gross revenue received.
  • Licensing Catalog: Artists receive 30% - 65% of the gross revenue received.

However, this might mean that not all generated revenue was allocated to you. To verify, please check the Revenue Share tab in your account dashboard.

 

Bank & Card explained?

In the wallet section, you can configure your payment and payout methods:

  • Add Payout Method: Provide IBAN or PayPal details to withdraw money when needed.
  • Add Payment Method: Enter credit card details to facilitate transfers in case your account balance is insufficient but payments via revenue shares are due.

Screenshot 2024-06-28 at 13.36.08.png

 

Payout Method explained? 

Let's begin setting up your payout method. To accommodate our global user base, Winamp offers several payout options:

  • Wire Transfer
  • PayPal (coming soon)

To set up your payout method, click on the "Add" button next to the payout method option shown in the visual below which shall navigate you to the payout method screen.

 

Screenshot 2024-06-28 at 13.41.21.png

 

Next, ensure you fill out all necessary personal payout information and click "Confirm" to save your payout details. 

 

Payout Rules explained? 

  • Click the "Request" button to request payment.
  • Winamp has a minimum withdrawal threshold of 30 euros.
  • Payments are processed between the 1st and 10th of each month.
  • Allow an additional 3-5 days for your bank to process the payment.

Screenshot 2024-06-28 at 13.49.48.png

 

Payment Method explained? 

(coming soon)

 

 

Previous
Next
27897782209684

Was this article helpful?

0 out of 0 found this helpful

Didn't find what you were looking for?

Comments

0 comments

Please sign in to leave a comment.