If you are partnering with Bandcamp to sell your music online, then you will definitely be faced with the question of how you can mount your music content and get paid for it.
Registering a PayPal account allows you to pay using your bank account, credit card, or PayPal balance. This is an international payment service that can be used in many countries around the world.
Selling your songs through Bandcamp is easy, all it takes is a free PayPal Business account and a few minutes to set up your PayPal account.
Bandcamp’s payment program is simple: the company takes 10 percent of product sales and 15 percent of downloads. As a result, the artists receive almost 85% of the amount of the sale of the results of their work. In comparison, on most music streaming services, the percentage that performers receive in the form of a piano is many times lower, sometimes an order of magnitude lower.
After the seller reaches a profit of $5,000, Bandcamp’s share drops to 10 percent of the profits from selling his music. At the same time, different payments for the sale of music can be made to one account. The limit of $5,000 is set for one account, which, in fact, can be multiple artists. It will be a very profitable collaboration for them.
If you already have a personal PayPal account, then you will need to upgrade to a business account (otherwise you will have a low limit on the number of credit card transactions and the amount of money you can accept). The update is free.
Using this payment service greatly simplifies the payment system for artists who are located in different countries of the world. PayPal works in almost every country that Bandcamp also operates in.
If the country in which you are located or live is not included in the list of countries in which the PayPal international payment service operates, then you will need to use the VPN function and virtually change your location to the country in which it officially operates.
The same rule applies to the Bandcamp music service itself.