We're excited to announce that PrepYourLesson is upgrading its payment system to provide our valued teaching community with an enhanced payout experience. Starting October 17, 2024, we're transitioning from Wise to Payoneer as our payment provider.

What This Means for You

This change brings several benefits to our sellers:

• Greater Flexibility: Receive your earnings in your Payoneer account and choose how to withdraw them – to your bank account, credit card, or other payment methods
• Enhanced Security: Your financial information is protected by Payoneer's enterprise-grade security systems
• Global Accessibility: Payoneer supports payments in multiple currencies and to most countries worldwide

Please note that with this transition, the minimum payout threshold will increase from $1 to $20. We believe this change, while requiring a slightly higher initial threshold, will be offset by the improved flexibility and reduced fees in the long run.

How to Start Selling and Receive Payments

Getting started is simple:

1. Sign up for a PrepYourLesson account
2. Upload your teaching materials and make sales totaling $20 or more
3. Go to your Account > Earnings section and click the "Request Payout" button
4. Watch for an email from Payoneer with account creation instructions
5. Complete your Payoneer account setup
6. Your payment will be processed automatically
7. Choose your preferred withdrawal method in your Payoneer dashboard

Next Steps

Current sellers will receive detailed transition instructions via email. For new sellers, this system will be in place from day one of your selling journey.

Questions? Our support team is here to help ensure a smooth transition to the new payment system.

Start sharing your teaching materials today and join our growing community of education professionals!