Payment Withdrawal
Payment Withdrawal
Payment Withdrawal
At ServiceHive, we make it easy for Service Providers to withdraw their earnings securely and conveniently. Here’s how you can request a withdrawal from your account.
01. Withdrawal Process
Eligibility: You can request a withdrawal once your account balance reaches a minimum of $10. Frequency: Withdrawals can be made on every week depending on the schedule you set. Payment Method: We support withdrawals through several methods, including:
- Bank Transfer (Processing time: 3-5 business days)
- PayPal (Processing time: 1-2 business days)
- Stripe- Automated
02. Payment Processing Fees
Please note that ServiceHive applies a standard 15% service fee on every successful booking transaction. In addition, payment processing fees will be charged by your payment provider at the time of withdrawal. These fees vary based on the method you choose:
- Bank Transfer: 3.9%
- PayPal: 3.9%
- Stripe : 0%
03. How to Request a Withdrawal
- Login to your ServiceHive account.
- Go to the Vendor Dashboard and navigate to the Earnings section.
- Click on Request Withdrawal.
- Choose your preferred payment method and specify the amount to withdraw.
- Confirm the details and submit your request.
04. Withdrawal Guidelines
1. Withdrawals will be processed based on the availability of funds in your account.
2. If you have any pending refunds or unresolved disputes, your withdrawal request may be delayed.
3. Ensure that your payment details are accurate to avoid any issues during the withdrawal process.
05. Support for Withdrawal Issues
If you experience any issues or delays with your withdrawal, please contact our support team for assistance. You can reach us via:
- support@servicehive.ca
- Available on our website
05. Taxes and Legal Obligations
Please note that it is your responsibility to report your earnings and comply with local tax regulations. ServiceHive does not withhold any taxes on your behalf, so be sure to consult a tax professional if needed.
By streamlining the withdrawal process, ServiceHive ensures that you can focus on delivering the best services while accessing your earnings easily.