Cathopic processes all contributor payments exclusively through PayPal. This ensures secure, reliable, and globally accessible payments for our international contributor community.
Why PayPal?
PayPal was chosen as the payment method for several important reasons:
Global reach: Available in 200+ countries and regions
Security: Industry-leading fraud protection and encryption
Speed: Fast payment processing and fund transfers
Low fees: Competitive transaction costs
Currency support: Handles 25+ currencies with built-in conversion
Reliability: Established, trusted payment platform
Ease of use: Simple setup and straightforward transfers
Setting up your PayPal account
To receive payments from Cathopic:
Step 1: Create account
Visit paypal.com and sign up
Choose Business or Personal account (both work)
Provide required information
Verify your email address
Step 2: Verify account
Complete PayPal's verification process
Link bank account or card (required for verification)
Confirm your identity
Ensure account can receive business payments
Step 3: Link to Cathopic
Add PayPal email to your Contributor profile
Ensure email matches your verified PayPal account
Save and confirm
Account requirements
Valid, verified PayPal account
Must be able to receive commercial/business payments
Account name should match your legal name
Keep email address current in both PayPal and Cathopic
Payment currency and conversion
All Cathopic payments are sent in USD (United States Dollars).
If your local currency is different:
PayPal automatically handles currency conversion
Conversion rates are competitive and transparent
Small conversion fee applies (set by PayPal)
You can hold funds in USD or convert immediately
Choose your preferred currency settings in PayPal
Receiving your payment
When Cathopic processes your payment:
Funds are sent to your PayPal account email
PayPal notifies you of incoming payment
Funds appear in your PayPal balance within 5-7 business days
You can then transfer to bank, use PayPal balance, or withdraw
PayPal fees
Standard PayPal receiving fees apply:
Typically 2.9% + fixed fee for receiving commercial payments
Varies by country and account type
Currency conversion fee if applicable
Withdrawal to bank may have fees (depends on your region)
Check PayPal's fee schedule for your specific country at paypal.com/fees.
What if I dont have PayPal?
Creating a PayPal account is:
Free to sign up
Available in most countries worldwide
Quick setup process (usually under 10 minutes)
No monthly fees for basic accounts
Set up your account before reaching payout threshold to avoid delays.
Alternative payment methods
Currently, Cathopic does not support:
Direct bank transfers
Wire transfers
Checks
Cryptocurrency
Other payment processors (Stripe, Payoneer, etc.)
PayPal is the exclusive payment method to ensure consistent, secure processing for all contributors.
Keeping payment information current
Log into Contributor profile settings
Update PayPal email if it changes
Verify new email immediately
Test with a small payment if possible
Payment security
Your payment information is secure:
Cathopic never sees your bank details
All transactions processed through PayPal's secure systems
Your financial information stays with PayPal
Only email address is stored in Cathopic
Troubleshooting payment issues
Payment not received:
Verify PayPal email is correct in profile
Check PayPal account for pending payments
Ensure account can accept business payments
Allow 7 business days for processing
Contact support if issue persists
PayPal account limitations:
Resolve any PayPal account limitations
Complete PayPal's verification requirements
Ensure account in good standing
International contributors
PayPal works seamlessly for contributors worldwide:
Available in 200+ countries
Automatic currency conversion
Local withdrawal options
Compliance with local regulations
Check PayPal availability in your country at paypal.com/worldwide.
Having a verified PayPal account is the only requirement to receive your hard-earned contributor payments from Cathopic.