Getting paid with Vimeo OTT

This article discusses monetizing your content on Vimeo OTT.

In this article

What payout methods are supported?

We are currently able to payout via checking account with a financial institution. At this time we cannot guarantee that any other bank accounts, such as savings or virtual bank providers will be supported and may see higher payout failures. 

When do I get paid?

Payouts are made on a monthly basis. Payouts occur on the 15th of each month (or nearest business day) for the previous month's sales. 

For example: If you sold 100 copies of your film in March, you will receive payment for those sales on April 15th (or nearest business day). 

• If the 15th of the month is on a Saturday, the payout will be on the 14th (that Friday).
• If the 15th of the month is on a Sunday, payout will be on the 16th (that Monday). 

Will I receive a breakdown of sales?

In addition to the details found on your Dashboard, we will send a monthly invoice outlining gross sales, all fees, and units sold for the month. We will also provide a breakdown of sales based on sales of Packages and geographic location. Geographic breakdowns will appear in the local currency, as well as converted to USD. Learn more about your payout statements.

What about taxes?

As of the end of 2020, Vimeo OTT will collect and remit US state sales tax for all transactions (subscriptions, one-time payments, and renewals) for both new and existing customers. Please see our Sales Tax guide for more information. Vimeo OTT also collects & remits VAT from European customers on your behalf (VAT is shown in USD on your statement). If you have over 200 transactions and $20,000 in sales each year, we will send you a 1099-K filing.

Are there any international payout fees?

There is a 2% fee per transaction when currency is converted.

For example, if the transacted currency does not match your payout currency then there will be a conversion fee.

What verification information do I need to provide to get paid?

In order to send you payouts every month, our payment processor requires identity verification as part of the compliance duties for running an online marketplace. These differ per country and are all listed here:

United States

• Business type—is the account for an individual or a business?
• First and last name of the individual account owner or company representative if it’s a business
• Date of birth
• Last 4 numbers of the SSN of either the individual account holder or company representative
• Business address (can be a personal address for individuals)
• Business name and tax ID (Employer Identification Number - EIN), if a business
• Full SSN OR government ID or passport only if we’re unable to verify with just the last 4 of SSN.

Canada

• First and last name of the individual account owner or company representative if it’s a business
• Date of birth
• Business type—is the account for an individual or a business?
• Business address (or personal address if an individual)
• SIN of the individual or the company representative OR scan of government ID or passport
• Business name and tax ID (Business Number), if a business

Europe & the UK

• Business type—is the account for an individual or a business?
• First and last name of the individual or one or more company representatives if a business*
• Date of birth for each company representative
• Business address (or personal address if an individual)
• Scan of government ID or passport of the individual or company representative(s)
• Personal address of each company representative if it’s a business
• Business name and tax ID (if a company)
• Scan of government ID or passport for the individual account owner (or each company representative if a business)

⚠️Note: European businesses must submit company representative information for anyone who owns 25%+ of the business.

Australia

• First and last name of the individual account owner or company representative if it’s a business
• Date of birth
• Business type—is the account for an individual or a business?
• Scan of government ID or passport of the individual or company representative
• Business address (can be a personal address for individuals)
• Business name and tax ID (Australian Company Number / Australian Business Number, ACN / ABN), if a business

New Zealand

• First and last name of the individual account owner or company representative if it’s a business
• Date of birth
• Business type—is the account for an individual or a business?
• Scan of government ID or passport of the individual or company representative
• Business address (can be a personal address for individuals)
• Business name and tax ID, if a business

How do I set up or update my payout?

Go to your payout page by navigating to Site > Billing. You can see detailed instructions on setting this up in this guide.

What if I have apps?