Fomedi's Tutor Payment Methods and Withdrawal Process
Are you ready to monetize your expertise and earn income as a tutor on Fomedi? As a leading online course marketplace, Fomedi provides multiple payment methods to ensure convenient withdrawals for tutors. In this guide, we’ll explore Fomedi’s accepted payment methods, the withdrawal process, and important details about minimum withdrawal amounts.
Accepted Payment Methods for Withdrawals
Fomedi offers the following payment methods for tutor withdrawals:
1. Wise (formerly TransferWise)
2. Payoneer
3. PayPal
4. Moncah
5. Bank Transfer
Withdrawal Process Timeline
When a student purchases your course on Fomedi, your earnings will be credited to your tutor account. Here’s a breakdown of the withdrawal process timeline:
Earning Availability: Your earnings will become available for withdrawal after 8 days from the date of the course purchase. This allows time for any potential refund requests or disputes to be resolved.
Withdrawal Processing Time: Once your earnings are available for withdrawal, you can initiate the withdrawal process. The processing time may vary depending on the chosen payment method and the respective service provider’s policies.
Minimum Withdrawal Amounts
The minimum withdrawal amount varies based on the selected payment method:
– Wise
– Payoneer
– PayPal
– Moncah
-Bank Transfer
How to Initiate a Withdrawal
To withdraw your earnings from your Fomedi tutor account, follow these steps:
1. Log in to your Fomedi account.
2. Navigate to the “Earnings” or “Withdrawals” section of your account dashboard.
3. Select your preferred payment method from the available options.
4. Enter the withdrawal amount (must meet or exceed the minimum withdrawal amount for your chosen method).
5. Confirm the withdrawal request and follow any additional prompts or verification steps as required.
Conclusion
With Fomedi’s diverse range of payment methods and streamlined withdrawal process, you can easily access your earnings as a tutor and manage your finances efficiently. Whether you prefer international transfers via Wise or traditional bank transfers, Fomedi strives to accommodate your payment preferences.