{"id":9156,"date":"2024-06-05T09:58:34","date_gmt":"2024-06-05T09:58:34","guid":{"rendered":"https:\/\/ganknow.com\/blog\/?p=9156"},"modified":"2024-06-05T09:58:36","modified_gmt":"2024-06-05T09:58:36","slug":"gankupdate-creator-withdrawal-display","status":"publish","type":"post","link":"https:\/\/ganknow.com\/blog\/gankupdate-creator-withdrawal-display\/","title":{"rendered":"#GankUpdate Creator Withdrawal Display"},"content":{"rendered":"\n<p>Expected release date: 5 June 2024<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents :<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ganknow.com\/blog\/gankupdate-creator-withdrawal-display\/#Whats_new\" title=\"What\u2019s new?\">What\u2019s new?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ganknow.com\/blog\/gankupdate-creator-withdrawal-display\/#Who_is_impacted\" title=\"Who is impacted?\">Who is impacted?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ganknow.com\/blog\/gankupdate-creator-withdrawal-display\/#How_it_works\" title=\"How it works\">How it works<\/a><\/li><\/ul><\/nav><\/div>\n<h1 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Whats_new\"><\/span>What\u2019s new?<span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p>Previously, Creators had no idea what amount they would receive into their local accounts as we used a FX rate that is unknown to the creator. We want to let the creators know what rate they will be getting and specifically request for the withdrawal based on this rate so there will be less dissatisfaction with the rate they get and more certainty on how much they will receive in their local account.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Creator Withdrawal Calculation Display:<ul><li>A new interface that allows creators to view detailed calculations of their potential withdrawals.<\/li><li>Displays breakdowns of fees and final payout amounts&nbsp;<ul><li>USD to USD &#8211; we will show a withdrawal fee of 5% of the amount<\/li><li>USD to local currency &#8211; we will show the fx rate used and final local amount to be received.<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n<h1 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_impacted\"><\/span>Who is impacted?<span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p>All current and new creators who are withdrawing their earnings.&nbsp;<\/p>\n\n\n\n<h1 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_it_works\"><\/span>How it works<span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<p>When a creator makes a withdrawal, the exchange rate used by Gank and the expected amount the creator will receive will be displayed. The admin dashboard will capture these transaction details exactly as they appear to the creator, and the finance team will process the transactions based on this information.<\/p>\n\n\n\n<p>Current version:&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdYwDM1V3oipnuyAelff_l-QE2W1NT_rLcLoh0DKW0CTBcpPRd-5pxARLzWCLpRE3fNI6_gKkH23Zkm8HXqXlpKYs1wnSNNdOAAVTp1lhnZcyeeM7tB0dtzRNBiUsvibSV9E6q1RvaadT7ZQy6jYuUni3A2?key=NCO4a7KWVfQwu7hdb8aJew\" alt=\"\"\/><\/figure>\n\n\n\n<p>Releasing version:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>USD to USD<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXe1wIHYDcJsqjeh0kLUZGaCE19qMP5t09JbQ9Hi71Dhzsj9d4RLbi9ogAagnY9rhwzeoYm8gK_iEvU79QY2EGuWVRKkpy0_03ugc-8w95Y8VT4u-4O6KnDXLcA5BJy0wfF-xpFgx-A9Y8e06xqICckWrys?key=NCO4a7KWVfQwu7hdb8aJew\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>USD to Local Currency&nbsp;<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXc4XpimXI-ScXpGEq1s2CI34IHimwSDt3NPfBvP4O5I1gq50dgnQZLMm7aZSCFyjhgauL5UDampzT5zhWKCDektA8tRFCUeKFffhBKA18dWb824sPwiyldAtf57s0Y8FNIdc09zhxP10-Bave2ibANb5ak?key=NCO4a7KWVfQwu7hdb8aJew\" alt=\"\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Expected release date: 5 June 2024 What\u2019s new? Previously, Creators had no idea what amount they would receive into their local accounts as we used a FX rate that is unknown to the creator. We want to let the creators know what rate they will be getting and specifically request for the withdrawal based on<\/p>\n","protected":false},"author":8,"featured_media":9158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,139],"tags":[762],"class_list":{"0":"post-9156","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-guides","8":"category-news","9":"tag-update___en"},"lang":"en","translations":{"en":9156},"amp_enabled":true,"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/posts\/9156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/comments?post=9156"}],"version-history":[{"count":1,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/posts\/9156\/revisions"}],"predecessor-version":[{"id":9159,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/posts\/9156\/revisions\/9159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/media\/9158"}],"wp:attachment":[{"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/media?parent=9156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/categories?post=9156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ganknow.com\/blog\/wp-json\/wp\/v2\/tags?post=9156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}