Payments payout FAQ

This document answers the following frequently asked questions:

• How do I specify who receives the payout from my app?
• When does Facebook pay out?
• Which countries can Facebook Payments pay out to?
• How do I change the payee for an app?
• What does 30% revenue share cover?
• What tax laws apply to virtual sales made through Facebook Payments?
• Does the 30% fee include taxes?
• How does Facebook equip developers to comply with local tax laws?

How do I specify who receives the payout from my app?

When you set up your app for payment in the App Dashboard, you'll find a company registration form. Fill it out with the financial information for the company or individual who will ultimately be paid for purchases made in your app. You only will need to register each company once; if you add additional apps that should pay out to the same company, you will be able to associate them with the existing company record.

When does Facebook pay out?

Per the current Facebook Developer Payments Terms, Facebook will issue payments to developers twice per month: one payment for activity between the 1st and the 15th of the month, and a second payment for activity between the 16th and the end of the month. Facebook will issue payments approximately 21 days after the end of each bimonthly period.

Which countries can Facebook Payments pay out to?

Developers with bank accounts in the following countries can currently receive payouts for Facebook Payments via bank transfer:

• United States
• Canada
• United Kingdom
• Austria
• Belgium
• Czech Republic
• Denmark
• Finland
• France
• Germany
• Greece
• Hong Kong
• Hungary
• Ireland
• Italy
• Luxembourg
• Netherlands
• Poland
• Portugal
• Singapore
• Slovakia
• Spain
• Sweden

In addition, developers with PayPal accounts in one of the countries listed below can receive payouts for Facebook Payments via PayPal:

• Argentina
• Australia
• Brazil
• China
• French Guiana
• Guadeloupe
• India
• Indonesia
• Israel
• Japan
• Malaysia
• Martinique
• Mexico
• New Zealand
• Norway
• Philippines
• Reunion
• South Korea
• Switzerland
• Taiwan
• Thailand
• Turkey

How do I change the payee for an app?

In order to change your app to pay a different company, please give us advance notice, so that we can ensure a smooth transition. Submit your request through the Facebook Credits Developer Support Form. It will be the responsibility of the old and new payees to reconcile payments from the time of the agreement to change payees, until the time Facebook can update the financial record, according to the agreement that you have in place.

What does 30% revenue share cover?

It covers a wide range of services: - providing a platform wide currency and API for payments - alleviating developer concern over fraud - customer support for payments issues

It also covers fees, such as:

• payment processing and related fees for all payment options, including high cost payment methods such as mobile, local and international gift cards
• chargeback fees
• integration costs as we add new payment methods globally
• additional Facebook Credits that we give to users via bulk discount packages and special promotions

What tax laws apply to virtual sales made through Facebook Payments?

Tax treatment on sale of virtual goods varies significantly from one tax jurisdiction to the other, depending on the country from which a user makes a purchase with Facebook Payments.

For example, in EU markets, in general, sale of virtual and digital goods is subject to EU VAT. Developers are obligated to collect and remit VAT on the sale of virtual and digital content to users who reside in EU countries, regardless of where they (the developers) are based.

Does the 30% fee include taxes?

The 30% Facebook service fee does not include any local taxes that would apply to purchases using Facebook Payments.

How does Facebook equip developers to comply with local tax laws?

Developers are responsible for their tax compliance obligations, and it's up to you to determine how to report location-specific tax payments. We will provide necessary information about users: for example, by calling the Graph API's GET /order method, you can get the country of the buyer for a given order ID.

Disclaimer: Facebook is not able to advise you on tax related matters; instead, we suggest that you consult and confirm with your company's accountant.