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Prolific Academic no longer charging fees to cash out to Paypal

Email from Prolific moments ago

Announcing end of Circle Pay, and introducing no-fee cashouts for all participants via PayPal We are emailing you as a participant who uses the Circle cashout option on Prolific.

As you may have heard, Circle will be ending use of Circle Pay from July 8. As a result, Prolific will be removing Circle Pay as a cashout option from 26th June.

This means that going forward you will need to use PayPal to cash out on Prolific. If you cannot use PayPal, you will need to cash out your remaining funds from Prolific before the 26th June via Circle, and stop using Prolific. If this is the case, then please get in touch so we can understand your situation to help us in exploring other payment options for the future.

You may be concerned that this means you no longer have a fee free cashout option, but don’t worry. Prolific will soon be officially announcing no-fee cashouts for all participants via PayPal slightly smiling face Yes that’s right – no more participant cashout fees on Prolific!

Best, Prolific Team

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source https://www.reddit.com/r/beermoney/comments/c2znpa/prolific_academic_no_longer_charging_fees_to_cash/

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