Note: Spotify Payouts is only available to creators using Automated ads. If you’re eligible, you’ll receive an email prompting you to set up Spotify Payouts.
About Spotify Payouts
Spotify Payouts is the technology we use to help the Spotify creator community, such as podcasters, get paid for the work they create. Spotify Payouts uses PayPal’s Hyperwallet service as a payment provider. For Automated ads, monthly earnings are automatically paid out through Spotify Payouts once you hit our minimum payout threshold.
- Signing up for Spotify Payouts does not impact your Automated ads earnings. Revenue will be paid out automatically to your bank account each month.
- You need a Spotify account to sign up. If you prefer not to use your personal account, you can create a new one on behalf of your show and use that.
- Revenue from your host-read ads (including Ambassador ads) will still be paid out via Stripe for the time being. Anchor uses Spotify Payouts to handle payments for Automated ads and Stripe to handle payments for other monetization products.
How to set up Spotify Payouts
- From your Money page, click Set up Spotify Payouts.
- Connect your Spotify account.
- Note: A Spotify account is required to monetize with Spotify Payouts. If you don’t have a Spotify account, you can create one for free directly from this page.
- Once your Spotify account is connected, set up Spotify Payouts by clicking Go To Payouts, then Get Started. Fill out the required info.
- Note: You'll need your Tax Identification Number in order to enable Payouts. Click here for more info
- Once you've filled out all your info, confirm your answers, and click Save and complete.
- Congrats! You're all set up. Click Go back to Anchor to return to your Anchor account. You'll receive a prompt to the email address you've used, confirming your Spotify Payouts account is now active.