Teachers Pay Teachers (TPT) pays its sellers their earnings monthly through various secure payment options, depending on their country, primarily processed via Hyperwallet.
TPT sellers receive their earnings on a monthly cycle. Payments for the earnings accumulated during a given month are typically sent out around or before the 21st of the following month. For example, earnings from January would be paid around or before February 21st.
Available Payment Methods
TPT offers several methods for sellers to receive their payouts. The specific options visible to you will depend on your country of residence. These commonly include:
- Direct Deposit: Funds are transferred directly into your bank account. This is often the quickest and most convenient method for many.
- PayPal: An internationally recognized online payment system.
- Venmo: A mobile payment service, primarily popular in the United States.
- Wire Transfer: A method for transferring funds electronically from one bank account to another.
The exact options and their availability are determined by your geographic location to ensure compliance and convenience.
Payment Processing and Schedule
TPT utilizes Hyperwallet to facilitate the payouts to its sellers. Hyperwallet is a payment platform that enables mass payouts globally. This system ensures that earnings are processed efficiently and securely.
To summarize the payment process:
| Aspect | Details |
|---|---|
| Payment Frequency | Monthly |
| Payment Date | Earnings for each month are sent around or before the 21st of the following month. |
| Payment Processor | Hyperwallet |
| Available Methods | Direct Deposit, PayPal, Venmo, Wire Transfer (options vary by country). For more detailed information, you can refer to the official Teachers Pay Teachers Help Center. |
To set up or manage your payment preferences, you would typically navigate to the "My Payouts" or "Account Settings" section within your TPT seller dashboard. Ensuring your payment information is accurate and up-to-date is crucial for timely receipt of your earnings.
