With the majority of 2012 behind us, we’re excited to announce one of the first of many benefits of our new site architecture, which are improvements to shop owner payments. We’ve created a simpler payment method, designed to make sure shop owners get paid faster for your sales and the details are easier to understand. Payments to shop owners still go out on the 15th of each month, along with a report of all your sales.
What is changing:
Your markup is ready for payment to you as soon as items that you’ve sold are shipped. That means we are getting rid of the 30 day freeze period and paying you faster! For example, if your item ships on the 14th you will get paid the markup for that item the very next day on the 15th. If your item ships on the 16th, you will be paid the following month on the 15th. Please be aware that until you earn more than US$30 in markups, no payment will be made.
For this month only, we will pay EVERYONE, regardless of whether you met the $30 minimum, in order to clear the books and start fresh.
For those of you wondering about the details, we have compiled a Shop Owner Payment FAQ with specific scenarios and examples. Please feel free to share any thoughts and questions there! Ultimately, we hope that many of you will be able to run your business on Shapeways, and this is a step to making that seamless.