We require the name on Paypal to match the name on CreationSwap for a few different reasons.
First, we need to report payments to the IRS and send all artists a 1099 when they earn above the reportable amount in a tax year. So we must have the correct information to send you a 1099. Also, we pay artists through Paypal to avoid issues with payments being collected or denied at paypal we require that paypal accounts be verified with paypal and we also require that information matches the information we have for that person. Otherwise we end up chasing artists down to try to pay them, which is not always possible. If we owe an artist money we want to pay them in a timely fashion. This is the best win win for all parties and is our policy for artists to sell on Creationswap.
Here's how to Verify your PayPal account:
- Log in to your PayPal account.
- Click Get Verified on your Account Overview.
- Select the verification method you want to use.
- Enter your information, then click Continue.
- Click Confirm, then click Submit.