As an added benefit for sellers in Singapore and Malaysia only, sellers hitting a payout value threshold of $1,500 SGD or RM4,500 will be able to receive expedited payouts at a reduced cost. Any sellers from Singapore and Malaysia with a payout value of $1,500 (RM4,500) or above can now request their expedited payouts for $1 (RM4) only, instead of the usual $1 (RM4) + 1% of the payout value.
Details
- Normal Expedited Payout Fee: $1.00 SGD + 1.0% (RM4 + 1.0%)
- Special Expedited Payout Fee: $1.00 SGD + 0.0% (RM4 + 0.0%)
- Eligibility Payout Value: $1,500.00 SGD (RM4,500)
- Location(s): Singapore and Malaysia only, inapplicable elsewhere.
To get started, continue to sell on Novelship. When your payout value hits $1,500 (RM4,500) or more you can request your expedited payout at this lowered cost. For any queries, please review our FAQ article on Payout Requests.
FAQ
What are the different payout methods?
Novelship offers three methods for receiving your payout.
- Normal Payouts — Pre-selected by default and cost less
- Early Payouts — Quicker and require an additional 1% of Payout Amount as processing fee.
- Special Early Payouts — Quicker and lesser fees.
All options must be requested by the account owner.
The table below shows the difference in Payout Fee for the Normal, Early Payout and Special Early Payout option.
| Payout Fees | SG | JP | ID | MY | AU | HK | NZD | EUR | OTHER |
| Normal Payout | 1 SGD | 200
JPY |
15,000 IDR | 4 MYR | 1.5 AUD | 6 HKD | 1.5 NZD | 1 EUR | 1 USD |
| Early
Payout |
1 SGD + 1% | 200
JPY + 1% |
15,000 IDR + 1% | 4 MYR + 1% | 1.5 AUD + 1% | 6 HKD + 1% | 1.5 NZD + 1% | 1 EUR + 1% | 1 USD + 1% |
| Special Early Payout | 1 SGD | NA | NA | 4 MYR | NA | NA | NA | NA | NA |
How can I access the Payout Request page?
To access your Payout Request page on mobile:
- Login to your Novelship account.
- Select the menu on the upper left corner of your screen.
- Look for ‘Payout Request’ on the left panel.
To access your Payout Request page on desktop:
- Login to your Novelship account.
- Go to ‘My Account’ on the upper right corner of your screen.
- On your profile, look for ‘Payout Request’ on the left panel.
How do I request a payout?
