/ payouts

You sell. We pay.

Loot.md uses Stripe Connect Express to move money from buyer to seller — one of the most boring, well-tested payouts setups on the planet. For sellers in countries Stripe doesn't reach, we run manual IBAN payouts directly.

The timeline

1
Buyer pays at checkoutStripe captures the card / SEPA / Apple Pay / Google Pay payment. Seller doesn't need to be online; the webhook fires asynchronously.
2
7-day chargeback holdFunds sit in your Stripe Connect balance for 7 days (14 for new sellers). If a buyer disputes, we resolve it in this window without clawing back from your bank.
3
Stripe transfers to your bankDaily rolling payouts to the bank account you connected during onboarding. EUR / USD / GBP / SEK / DKK supported, plus 25 other currencies depending on country.
4
You see it in your dashboardEarnings & payouts shows pending balance, cleared payouts, sales history, and a CSV export for your accountant.

Stripe doesn't serve your country?

Manual IBAN fallback

Sellers in India, Pakistan, Bangladesh, Nigeria, and other Stripe-unsupported markets can still onboard. We collect IBAN / local bank details during DAC7 onboarding and run monthly batch payouts manually. Currency conversion uses Wise mid-market rate; no markup.

The paperwork (DAC7)

As an EU marketplace we have to collect tax info from anyone earning on the platform. The list:

TIN (taxpayer ID) and country of issue
Legal name (must match your bank)
Date of birth (individual) or business registration number (company)
Address
IBAN or bank account

Loot.md submits annual totals to ANAF (Romanian tax authority) by January 31 each year via Form F7000. You receive a copy for your own filing. No tax is withheld at source — net of platform/Stripe fees, you receive the full payout amount.

Things that change a payout

Refund:reverses the buyer's charge and the platform fee in full. The seller's cut is debited from the next payout.
Chargeback: Stripe holds the disputed amount until resolved. If it goes against us we eat the fee; if we win, the funds release.
Currency conversion: buyer pays in their currency, seller receives in theirs. Conversion uses Stripe's daily rate (small spread).

Adjacent pages

Pricing & fees — the 10% take rate breakdown. Seller agreement — full legal terms covering payouts, refunds, and disputes. Help & docs — FAQ for buyers and sellers.

Ready to onboard? Become a seller

The timeline

Buyer pays at checkoutStripe captures the card / SEPA / Apple Pay / Google Pay payment. Seller doesn't need to be online; the webhook fires asynchronously.

7-day chargeback holdFunds sit in your Stripe Connect balance for 7 days (14 for new sellers). If a buyer disputes, we resolve it in this window without clawing back from your bank.

Stripe transfers to your bankDaily rolling payouts to the bank account you connected during onboarding. EUR / USD / GBP / SEK / DKK supported, plus 25 other currencies depending on country.

You see it in your dashboardEarnings & payouts shows pending balance, cleared payouts, sales history, and a CSV export for your accountant.

The paperwork (DAC7)

As an EU marketplace we have to collect tax info from anyone earning on the platform. The list:

TIN (taxpayer ID) and country of issue

Legal name (must match your bank)

Date of birth (individual) or business registration number (company)

Address

IBAN or bank account

Things that change a payout

Refund:reverses the buyer's charge and the platform fee in full. The seller's cut is debited from the next payout.

Chargeback: Stripe holds the disputed amount until resolved. If it goes against us we eat the fee; if we win, the funds release.

Currency conversion: buyer pays in their currency, seller receives in theirs. Conversion uses Stripe's daily rate (small spread).