Good day, this is Toonation
After August 1st 2020 (Saturday), when you receive donation cash charged from Kakao Pay or Payco and apply for a payout request, you will receive Cashback Rewards on your payment.
Please read the details about this information below:
We thank you for your support for our service.
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■ Start Date: August 1st (Saturday) 2020
■ End Date: Until further notice (TBD)
1. Eligibility: all streamers that uses Toonation services (no actions necessary)
2. Procedure:
1) After 08/01/2020, Donator charges cash using KakaoPay or PayCo
2) A donator makes a donation to a streamer
3) Streamer applies for a payout request on/after 09/01/2020 until 9/10/2020 (for the month of August)
4) Toonation processes payment requests from 11th to the end of the month on a first come first serve basis.
5) Cashback Rewards will be deposited automatically on October 1st. (If your payout request is not approved before September 10th or if you did not submit a payout request before September 10th, you won’t receive any Cashback Rewards)
3. Cashback Information: Cashback for cash charged from KakaoPay will be deposited on a 5.3% ratio and cashback for cash charged from Payco will be deposited on a 5.7% ratio.
4. Example:
1) Streamer applies for Payout Request between 09/01/2020 – 09/10/2020
2) Toonation approves Streamer’s Payout Request
3) Cashback Reward is deposited on 10/01/2020
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※ Disclaimer ※
*You will receive Cashback Rewards for cash charged only from KakaoPay or Payco on/after 2020-08-01 and not for any cash charged before 2020-08-01
* If your payout cash is below 40,000 cash, you won’t be eligible for a payout request.
Ex) Payout Cash available: 36,000 Cash / Cashback Amount: 4,000 Cash = Ineligible to apply for Payout Request
* Cashback Rewards will be deposited after Tax withdrawal fees and will not have any further deduction of fees.