Stem remits master and mechanical royalty payments via Direct Deposit (ACH) or PayPal.
You will only be eligible to receive payment if the following conditions are met:
- You've entered complete payment information by the end of the month prior. For example, to be eligible for payment in June, your deadline for entering/updating payment information is May 31st.
- Your contracts have reached consensus. You and all shareholders have accepted your splits.
- You're owed at least 50 USD.
Please note that Stem has partnered with Qwil Inc. to process your payments securely and effectively. Please visit our article for more details: What is Qwil?