Managing Different Currencies in the Dacast Paywall

The Dacast paywall manages different currencies to enhance the inclusivity of the platform. 

Here is how Dacast’s monetization tools manage different currencies:

STEP 1: Your viewers pay the PPV or subscription in whatever currency pricing you set up in your Dacast account.

Dacast Paywall Currencies - Transactions

STEP 2: Dacast collects the money and converts the amount in USD. The conversion rate is applied in real-time by Stripe and Paypal. Dacast can retrieve the conversion rate for each transaction.

STEP 3: Dacast takes its commission fee (9.9%, plus $0.40 on each viewer purchase.)

STEP 4: Dacast pays you back the net revenue in USD when you request your payment.

To show you how this works in action, we’re going to give you a little walkthrough of transactions in the Dacast dashboard. 

Once you’re in the Dacast dashboard, please go to the “Paywall” section. Click on it and choose “Transactions.” Here you will see all transactions on your account. 

Dacast Paywall Currencies - Paywall dashboard

You will see: 

  • Currency 
  • Price (the amount the viewer paid)
  • Credit (this part is converted to USD if the viewer purchased in different currency)
  • Debit (the debited amount or the commission Dacast collects from the purchase)

If you want to request a withdrawal of your earnings, simply click on “Withdrawals”:

Dacast Paywall Currencies - Withdrawals Here you will see where you can add your preferred withdrawal method if it’s your first time doing so. At this point, you can also make a new withdrawal request.

Dacast Paywall Currencies - Withdrawal Methods

For withdrawal methods, you can use the following:

  • Bank Account (US & International)
  • Check
  • PayPal

There is some information that you should gather once you decide which withdrawal method you are going to use.

For bank accounts, please gather:

  • Account number
  • Routing number
  • Account holder’s full name and address
  • Bank name and address

For check details, please gather:

  • Payee’s name and address

For PayPal details, please gather:

  • The email address associated with your PayPal account

Once you have filled in all of the information, simply click “Withdrawal Request.”

Please note, for first-time payment request withdrawals, the first payment request will take at least a minimum of 30-35 days to process. Subsequent withdrawal requests will shorten.

The processing delay, minimum withdrawal request, and fee for each withdrawal method are as follows: 

  • PayPal funds transfer
    • Delay: Minimum 5 business days (after the first payment withdrawal request has been made)
    • Minimum Withdrawal Request: 100 USD
    • Fee: Free
  • Check
    • Delay: Minimum 5 business days (after the first payment withdrawal request has been made)
    • Minimum Withdrawal Request: 250 USD
    • Fee: Free
  • Money transfer to your US bank account
    • Delay: Minimum 5 business days (after the first payment withdrawal request has been made)
    • Minimum Withdrawal Request: 1000 USD
    • Fee: 25 USD
  • International money transfer to your bank account
    • Delay: Minimum 10-15 business days (after the first payment withdrawal request has been made)
    • Minimum Withdrawal Request: 1000 USD
    • Fee: 50 USD

The reason for the 5-day minimum delay is because it is dependent on our assessment of refund and dispute risk from viewers who purchased the content. 

If there is any refund and dispute activity, there may be a longer delay. So, therefore, as a word of advice, we always recommend that broadcasters leave at least 10-20% of the balance to minimize any payment delay.

Types of Monetization Available with Dacast

As a reminder, there are three methods of monetization offered by Dacast: SVOD, TVOD, and AVOD.

SVOD is a subscription-based method that allows viewers to have unlimited access to a video library for as long as their subscription lasts. Subscriptions are typically weekly, monthly, or quarterly.

TVOD is most commonly known as pay-per-view. As the name suggests, viewers pay for what they want to watch.

AVOD refers to ad-based monetization. You have the option to serve ads on your content. Ads are funded by your advertisers, so rather than paying out of pocket, your viewers pay for the content with a minute or so of their time.

If you have any questions about video monetization or need help with this Dacast feature, feel free to contact us directly.  

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