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Payouts

How does the weekly bonus work?

The Weekly Bonus is designed to encourage mentors to have great sessions and freelance jobs/code reviews on Codementor. Each week, mentors can enjoy a reduced platform fee — as low as 13%. Weekly sta…

Updated 2 years ago

Why is my payout under review?

If you see payouts in the "Under Review" section, usually we're having trouble processing the user's payment, and it may be due to the following reasons: User had a question or issue with the invoice…

Updated 4 years ago

What are unprocessed payouts?

Payouts are processed to mentors on a weekly basis. We usually process payouts on Tuesday night (US Pacific time). If you did not receive your payouts, more info about that here.

Updated 4 years ago

How do I pause my payouts?

You have an option to turn your weekly payouts on/off in your Payout Settings. When the toggle is on (the default), your payouts will continue to be processed to you. When the toggle is off , you'll…

Updated 3 years ago

Receiving USD with Wise multi-currency (formerly Borderless) accounts

We support sending USD thro ugh Wise! If you're using PayPal for payouts, we encourage you to consider switching to Wise to take advantage of its lower fees. For mentors who don’t have a USD bank acc…

Updated 2 years ago

I did not receive my payout

Processing times for payout methods are as follows: ACH deposit payouts may take a few business days to process, typically 1-3 business days. PayPal and Wise payouts are usually quicker and process w…

Updated 4 weeks ago

How can I receive payouts?

You can receive your payouts via the following: Wise (check with their support first if choosing the USD currency option). Paypal ( support ). ACH/Direct Deposit - US Only ( support ). For questions…

Updated 4 weeks ago

Questions about the tax forms

All mentors are required to complete the tax information and sign electronically before receiving your payouts. For Mentors who are a US citizen/resident. A W-9 is required for a U.S. citizen/residen…

Updated 3 years ago

Is there a fee for being a Codementor?

No. We only have a platform fee which ranges quite drastically from 13% to 22%, depending on the mentor's activity for that week. Check out how our weekly bonus works!

Updated 3 years ago

Are there any fees charged for payouts?

Each payout method has different fees and currency conversion rates. We charge a withdrawal fee for PayPal, where Codementor incurs a charge. Other payout services may charge a fixed fee or a percent…

Updated 4 weeks ago by Deepika

Where can I edit/check my payout details?

You can set up your 2FA, tax form, payout settings and check your payout information by clicking - "Account & Settings" under the left side column from your dashboard:. then the blue "Accounts & Payo…

Updated 4 weeks ago by Adam

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