What is an Advance?
You can get your YouTube earnings for the next few months at once with the Advance feature. Once approved, the money will be sent straight to your internal account with a small fee.
The standard fee is 9.9%, but it may vary depending on the selected amount. The fee percentage is fixed at the stage of issuing money and does not change throughout the entire term of the Advance.
The advance amount can be any, but most often the maximum available for issue is your income for 6 months. If you want to get more, enter the amount in the calculator and submit the request.
How does this work?
Connect your YouTube channel to MC Pay to make the feature available and submit a request for an Advance. The maximum processing time for a request is up to 72 hours, but we usually handle it within a couple of hours. After reviewing the request, we will decide what amount and terms we can offer for payment and send you a response. You can accept the offer or decline.
After receiving the money, part of your monthly income will be deducted to pay off the Advance. You can choose a convenient deduction percentage at the stage of accepting the offer for an Advance.
How to request an Advance?
1.On the main page of MC Pay, go to the «Advance» block and click on the «View» or «Details» button;
2. The Advance Calculator will open.
In it, you can enter the desired Advance amount and the share of the deduction from your monthly income (how much money will be deducted to pay off the Advance) or choose from ready-made offers that our system has generated based on your monthly income.
On the right, you will see the amount to be credited to the account, the preliminary fee, and the Advance with the fee for the selected conditions. Select the desired option, and if everything suits you, accept the offer by checking the box in the desired field and click the «Request» button;
3. Your request will be sent for processing.
Once a decision has been made, we will send a response in an email to the address specified in your profile, as well as in a notification in MC Pay. Request processing usually takes no more than 72 hours;
What could be the outcome of the decision:
— We have accepted and approved your request on your terms.
The money will be immediately credited to your internal MC Pay account;
— We were unable to accept your terms, so we will send counter offers with other terms that may suit you.
You can agree to them or refuse the Advance altogether this time;
— We were unable to accept your terms and, unfortunately, cannot offer other options at this time.
We will send a notification of Advance refusal indicating the reason why this happened.
If we refuse an Advance, but you urgently need money, you can use Expresses to receive your income every day. Find more details about this in the article.
4. Get an Advance and track its repayment.
The money to pay off the Advance will be deducted whenever your internal account receives any funds. The remaining amount until full repayment can be tracked in the «Advance» block on the MC Pay main page.
Early repayment
If you wish, you can repay the Advance early by transferring the desired amount from your MC Pay balance or external wallets. You can also repay the Advance from a bank account, PayPal, Tether, and other accounts — to do this, you need to contact your personal manager or Support.
Can I take an Advance when I already have an active one?
Yes, you can take an Advance even if you already have an active one, but only if the following conditions are met:
— A new Advance can only be requested if you have repaid 50% of the current active Advance;
— The amount of the new Advance must fully cover the debt on the current one in order to fully repay it.
If you have any difficulties or questions, contact the manager or our support. We are always in touch and ready to help!