Payment processing
Learn about all the different payment methods available to your audience.
Payment setup
Default payment and outpayment setup
By default, each new InPlayer customer account is connected to our own payment processor.
This means that all viewer payments will be collected by us.
At the end of each month, our finance team will begin the outpayment process to transfer all the collected funds, minus our fees, to your bank or PayPal account.
This usually takes about 30 days.
For example, the funds from January will start getting processed at the beginning of February and will be transferred over to you at the end of February.
Note that Direct Debit and iDeal are only supported after you’ve connected your own Stripe account to your InPlayer account via Stripe Connect. More on this below. They cannot be used while your InPlayer account is connected to the default InPlayer Stripe account.
Using Stripe Connect
If you have your own Stripe account where you can receive credit card and direct debit payments, you can choose to have it connected to your InPlayer account. In this way, all Credit card, Direct Debit, and Google/Apple Pay for Web payments will go directly to your Stripe account, eliminating the need for the default outpayment process described above.
This is a great alternative because you will be receiving all your earnings in real-time.
To learn more about how to set up Stripe Connect, make sure to read this article.
Note that real-time transfer of funds to your bank account is only possible for Credit card, Direct Debit, and Google/Apple Pay for Web payments. For doing this with PayPal payments, contact us at clients@inplayer.com.
VAT
As stated here, the VAT on digital content is calculated from the end-user country of residence when selling in the EU (e.g. If the user lives in Sweden, Swedish VAT should be applied). For services provided to end-users outside the EU, VAT is not being charged.
For the UK, you can use the VAT MOSS to report the sales you made in each country quarterly and pay VAT through the system. The government then distributes the VAT to each EU country.
This concludes our guide.
If you have any questions, don’t hesitate to contact us at clients@inplayer.com.