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Status Investigating/Discovering Solutions
Created by Tomasz Drewniak
Created on Jan 26, 2025
Merged request
This idea has been merged into another idea. To comment or vote on this idea, please visit PROD-I-365 We need new payout methods.

Alternative Payment Methods for Beat Sales Payouts Merged

The current PayPal-only payout system is highly disadvantageous for music producers for several reasons:

  • PayPal charges substantial transaction fees on every beat sale

  • PayPal forces currency conversion at their own unfavorable exchange rates

  • Producers lose a significant portion of their earnings just on fees and currency conversion

Many producers across various Reddit forums and social media platforms frequently express their frustration with BeatStars' PayPal-only payout system. This limitation has actually caused numerous talented producers to abandon the platform entirely. The widespread dislike of PayPal's policies and fees is a common theme in producer communities.I propose implementing direct bank transfer options, including modern payment services like Wise or Revolut. This would:

  • Significantly reduce transaction costs

  • Allow producers to choose when and how to convert their currencies

  • Provide a faster and more transparent payout process

This change would greatly improve the experience for music producers using the BeatStars platform and allow them to retain more of their hard-earned money. Adding alternative payment methods could also attract back many producers who left the platform due to PayPal issues, ultimately strengthening the BeatStars community and marketplace.