How are credit card payments processed?
The iyzico payment system collects the fees for the events you list on Korvo by credit card. iyzico deposits the received payments directly into your account without transferring them to the Korvo account.
What should I do to get paid by credit card?
Once you log into your dashboard, you must select one of the two plans on Admin / “My Korvo plan“ page. You only need to enter the invoice details and the bank account information to which the bank payments will be made. Then you are ready to start receiving payments!
When will my payments be deposited in my account?
The payment received between Wednesday 00:01 and Tuesday 23:59 will be sent to your account on every Wednesday. iyzico transfers the remaining amount after deducting Korvo's commission fee to the bank account of your choice. In order for the payment to take place, 24 hours must have passed since the start of the event.
If I use the “pay-as-you-go“ plan, will my profile stay active when I'm inactive?
Yes, your account will always remain active. You can add other paid or free events whenever you want.