Apologies for reviving a month old thread, But we just have published our first asset on the market place and never noticed the payout terms before doing so but assumed they were a bit more flexible. I am referring to the 100$ limit which makes perfect sense for paypal payout but not so much for wire transfer.
We’ve been selling assets on other asset stores for over 15 years yet we have a similar issue as the OP in regards to the 100$ threshold.
Many international users like the OP and myself cannot withdraw money from Paypal and would have to use a bank account. Bank wire transfers are costly but they are fine as long as the sum is large. We project roughly about 150$ in monthly payouts after all of our assets are uploaded, which means that every month we will lose about half that amount to bank charges! Your bank will probably take 20$ to make the transfer and mine 50$ or so. and assuming we sell models for 3 years at the same rate (36 month * 150$) vs charges (36 month * 70$). it means we will lose over 2,500$ just for banks and receive 2,800$ instead of 5,400$. This is of course a worst case scenario but it’s worth considering if the marketplace expands. how many 100s of thousands of dollars will be wasted to bank transfers for all international sellers over the long run due to an interface design choice which doesn’t enable the user to select their threshold the same way established asset stores like Turbosquid allow.
I am actually going to opt out from the bank wire transfer because of the 100$ threshold and use paypal although I can’t withdraw the money and use it for online purchases and have it sitting there instead of getting it wasted on bank transfers anyway.
Just as a general request, please do allow for bigger threshold. and allow for something like 1,000$ threshold. This means less paperwork for you to process as there will be less bank payments and even if it’s automated I am sure there has to be a final manual check maybe around the end of the year for taxes IRS, etc… also less support for delayed payments etc… And you get to make interest on the money sitting in your bank accounts. Plus some publishers will have a bigger incentive to use Unreal marketplace.