After you finish the ID verification, please register your payout method.
You can choose from one of the following two options in order to receive payment from Conyac.
- Bank transfer (Banks within Japan only)
Click on the "Register Payment Method" button above, or login to Conyac and choose "Payout"
from the pull-down menu next to your username on the upper right-hand side of the screen.
On the payout registration page, click on the blue "Add" button to start setting up your payout method.
Which payout method is better?
Currently, about 75%, which is approximately 3 out of 4, of Conyac freelancers have chosen bank
transfer. There are probably various reasons for this, but most freelancers seem to prefer this method rather than going through the seemingly bothersome process of setting up a PayPal account.
In addition, you will need to upgrade to a Premium or a Business account when using PayPal,
which requires going through the PayPal personal verification process.
However , PayPal has the following merits:
- Payouts in small amounts (from 1000JPY) are possible (bank transfer from 10000JPY and up).
- Payouts can be made in US dollars (not possible for bank transfer).
- Service fee for payouts of 14000JPY and under is reasonable.
* For those who prefer lump sum payouts of more then 15000JPY may want to choose bank transfer,
and those who prefer payout installments of smaller amounts or would like to be able to receive
payouts in US dollars may want to choose PayPal.
Important Payout Points
If you register for both PayPal and bank transfer, bank transfer takes priority.
If you are thinking of using one method over another depending on the payout amount,
please note that bank transfer is the default payout method for Conyac. If you have registered
both payout methods, you must delete the bank transfer registration first in order to receive
payouts to your PayPal account.
Bank transfer payouts are made when the reward amount exceeds 10000JPY
As mentioned above, bank transfer is the recommended method for those who prefer lump sum
payouts of over 15000JPY. However, payouts will be automatically made on payout day if the
reward amount in your account exceeds 10000JPY. Please keep this in mind when the reward payment is 10000JPY ~ 15000JPY.
Please refer to the FAQ below.
- How do I get paid for my work on Conyac
- Why isn't the payment showing up in my PayPal account?
- How to set up a PayPal account