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what is Net30 payment?

by cpa-money
5 replies
it says that: "Last day of the month for the previous months earnings."

so if i started in 1st of September i need to wait until the end of October to get payment for my September earnings?

so in the end i need to wait 60 day?

thanks!
#net30 #payment
  • Profile picture of the author Anil Kint
    Originally Posted by cpa-money View Post

    it says that: "Last day of the month for the previous months earnings."

    so if i started in 1st of September i need to wait until the end of October to get payment for my September earnings?

    so in the end i need to wait 60 day?

    thanks!
    I think you are over complicating things. NET 30 means "Every 30 days" the check/wiretransfer will be initiated by the network. Obviously if it is through check it will take some time to reach you. If it is wire transfer then its immediate.
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  • Profile picture of the author velvetadvert
    Obviously it means "monthly payments", like every 30 days network will transfer your money. And by the way wiretransfer is better. Because it's faster.
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  • Profile picture of the author PaulBaker
    so if i started in 1st of September i need to wait until the end of October to get payment for my September earnings?
    that's right
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  • Profile picture of the author LukePeerFly
    Originally Posted by cpa-money View Post

    it says that: "Last day of the month for the previous months earnings."

    so if i started in 1st of September i need to wait until the end of October to get payment for my September earnings?

    so in the end i need to wait 60 day?

    thanks!
    Correct, with net30 you are paid at the end of each month for your previous months earnings. So, you'd be a paid at the end of this month for your earnings from September.
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  • Profile picture of the author mtmjohn
    Originally Posted by cpa-money View Post

    it says that: "Last day of the month for the previous months earnings."

    so if i started in 1st of September i need to wait until the end of October to get payment for my September earnings?

    so in the end i need to wait 60 day?

    thanks!
    If you earn money during September and hit the min payout, the payment would be released around November 1st.
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