Stem remits master (sound recording) 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 by the end of the month prior. You and all shareholders have accepted your splits. If your shareholders have not reached consensus, feel free to send them this FAQ.
- You're owed at least 50 USD. If you are owed less than $50 USD in new finalized earnings, you will not receive payment.
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?