Getting Paid on Upspace: everything you need to know

If you're a Creator on Upspace, understanding how you get paid is essential to turning your passion into a sustainable income. This guide breaks down everything you need to know about getting set up, how the revenue-sharing model works, and the benefits of Upspace's partnership with Stripe.

Setting Up Your Payments: Stripe Connect

To start receiving payments, you’ll need to set up a Stripe Connect account. Once your earnings reach a balance, you’ll receive an email at the beginning of the month with a summary of your total activity completions and earnings from the previous month. This email will also include instructions for setting up your Stripe Connect account if you haven’t done so already.

Follow the steps in the email to securely link your bank account. Stripe ensures your payment details are encrypted and compliant with global financial regulations. Once set up, funds will be deposited directly into your account.

Understanding the Revenue-Sharing Model

Upspace’s revenue-sharing model is designed to reward you based on the engagement and completion of your activities. Each month, 50% of Upspace’s total revenue goes into the Creator Payout Pool. Your share of this pool is determined by the number of activity completions and new users engaging with your content.

This transparent system prioritizes content quality and completion rates rather than follower counts or ad revenue. The more users complete your activities, the higher your earnings.

Payment Calculations and Payout Schedule

At the end of each month, Upspace calculates your earnings based on how often your activities were completed and how many new users engaged with them. At the beginning of the following month, you’ll receive an email summarizing your activity completions and earnings. Within a week of receiving this email, your funds will be transferred to your Stripe Connect account.

You’ll be able to track your progress through this monthly email, which helps you refine your content strategy and understand your performance.

Making Withdrawals

Once your funds are transferred to Stripe Connect, accessing them is simple. Stripe automatically deposits your earnings into your linked bank account. For Creators who prefer manual withdrawals, Stripe also provides options to manage your payouts directly. Additionally, Stripe supports multiple currencies, making it convenient for Creators worldwide.

Benefits of Upspace Partnering with Stripe

Stripe ensures that payments are processed securely and efficiently. Its robust encryption technology keeps your financial data private, while its compliance with global tax regulations simplifies year-end reporting. Additionally, Stripe’s flexibility allows you to update bank details or preferences as needed, ensuring you have full control over your earnings.

Start Earning Today!

Getting paid on Upspace is seamless and straightforward. Set up your Stripe Connect account, share valuable content, and see your passion turn into a sustainable income. Keep an eye out for your monthly email summarizing your progress and earnings, and watch your efforts pay off!