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The Payments component allows users to create payments in Tagger to track money transferred to Creators.
Register payments on Tagger in two ways:
Through Tagger's PayPal Integration: Tagger can track payment status and facilitate payment transfer to the recipient through PayPal.
Please note, that payments are not going through Tagger at any point. Tagger facilitates the money exchange between an agency or brand user and Creator via PayPal.
Manually: Register a payment that has happened (or will happen) outside of Tagger.
Create a Payment
When adding a new Payment, users can proceed in two ways: using PayPal (which is set as the default) or registering a manual payment.
Whether creating payments manually or using Tagger's PayPal integration, users need to specify the amount to be paid. If using PayPal, Tagger automatically calculates an estimation of the PayPal fee. In the case of Manual payments, users can manually enter a fee amount if relevant.
Prepare multiple payments for a Creator if they want to pay the total amount over the course of multiple installments.
PayPal Fees
When it comes to PayPal fees, the responsibility to pay falls on the receiving party, in this case, Creators.
For example, if $100 is entered into the amount field, the Creator receives approximately $97. Tagger has created an estimator to allow agencies and brands to account for that fee in their payment process.
Please note that this is an estimator based on PayPal documentation. Accuracy within this estimator is not guaranteed, as Tagger can't be 100% certain of PayPal's final fees before payments are made.
🔹 Tagger Tip 🔹
The easiest way to ensure Creators do not end up paying a fee through PayPal is to turn on the PayPal Estimation Tool. This step ensures the Creator receives the entirety of their Creator Fee and the PayPal fee will be absorbed by the agency or brand.
🔹 🔹 🔹
Draft Payments
Agency or brand users do not need to proceed with payments to Creators right away. Draft Payments may be created and then paid later on.
