Payment Schedule

Congrats on winning a contest! Once you've sent the winning source files and they are approved, you will be paid through MycroBurst's / LogoDesignGuru's payment schedule.

Please note As per our standard process, after receiving final source files from the winning designer it takes at least 2-3 business days for our Quality Check/Source Files department to send the files to the Project Holder.

The payment schedule is only valid if the project holder does not invoke any design issues, copyright infringements or any applicable disagreement within 48 hours of source files being sent to the project holders.

*Payment schedule dates are only applicable to business days.

Payment Methods

MycroBurst offers several ways for you to receive your payment.

The following payment methods are available:

• Wire Transfer
• PayPal
• Cash via Western Union
• Direct Bank Deposit
• E-check

Please note that payment methods listed above vary from country to country. To check the payment options available for your country click the 'My Payment' tab at your designer account panel. Once you are there, go to 'Payment Method' and enter your information (which includes your current address). Once you finish and click next, you will see all options available for your country.

If you live in Pakistan, please email us at support@mycroburst.com for further information regarding available payment methods.

Processing Fees

All winning projects are subject to a 10% processing fee in case of normal designers and 5% processing fee in case of super designers( Click here to learn more about how to become a Super Designer ) which will be deducted from the winning amount.

In addition to the above, depending on the payment method selected following charges will be applied:

*Wire Transfer to US.
**Wire Transfer to any other country in USD.
***Wire Transfer to any other country in local currency.

Minimum threshold for PayPal is $25.00 and for all other payment methods is $50. In case your minimum payable amount after applicable deductions is less than the threshold amount then we will hold your payment till your next win.

Please Note that for payments in local currency under eCheck and Wire Transfer - International in Local currency conversion fee of 2.50% will also be applicable.

How to Update Payment Method:

It only takes 5 minutes and 3 steps to update your payment method.

Step 1: Click the 'My Payment' tab at your designer account panel. Once you are there, go to 'Payment Method' and enter your information (which includes your current address). Once you finish click next.

Step 2: Select your preferred payment method through a drop down list and fill the details as required. Once you finish click next.

Step 3: Tax Form - If you are a US Citizen, you will be required to complete your details on the W-9 form.

All non-US citizens are not required to complete this and should click on 'Non-US person' tab and fill out their complete address and Full Name. Once you finish click next.

Once the above is completed you are all set. Payments will be made per your selections.

Please Note that every designer is required to select the payment method once. Any change in payment method after initial selection should be notified to support@MycroBurst.com. No notification to support regarding change in method may cause a delay or hold on your payment unless notified.

Have additional questions? Please contact our support team at support@MycroBurst.com or at (877) 525-5646.