Did you know that as a TikToker, you can generate passive income with your videos? You can turn your TikTok creativity into cash!
TikTok platform has over 1 billion active users worldwide and offers an exciting opportunity for creators like you.
Launched in the USA and extended to European users as of September 1, 2022, the TikTok Creator Fund is reshaping how influencers monetize their content.
Dive into our guide to discover how you can earn money on TikTok in 2024, leverage the Creator Fund effectively, and tap into the secrets of successful TikTokers.
What is the TikTok Creator Fund?
The TikTok Creator Fund is an innovative program launched by TikTok to financially reward its dynamic content creators.
As a significant development in the digital content monetization process, it opens new avenues for creators to earn from their online activities.
Interestingly, the earning dynamics vary by region, with TikTok creators in the United States and other countries experiencing unique opportunities to earn more money online.
What Are the Requirements to Qualify for the TikTok Creator Fund?
Here are some of the Creators Fund TikTok terms and conditions:
- Be at least 18 years old
- Be a resident in an eligible TikTok country: TikTok currently only supports content creators in certain countries, so you must check if your country is eligible.
- Have an active TikTok account: you should be regularly creating quality and appealing content for your audience.
- Have at least 10,000 TikTok followers.
- Have received more than 100,000 TikTok views on your videos in the last 30 days.
- Adhere to TikTok’s community policies.
- Wait for TikTok to verify your Fund and approve it.
We Help You: at Amedia Social, we want to help you quickly meet these requirements: for example, you can purchase TikTok followers on these platforms.
How to Join Creator Fund on TikTok?
- Go to your TikTok profile
- Press the three dots at the top
- Activate the “PRO” account
- If you meet the above requirements, you will appear as an “AUTHOR” account
- Press the “Creator Fund“
- Confirm that you are over 18 years old
- Accept the terms of the contract
- Fill in the following details: first and last name, address, whether you are active or passive (whether you directly settle your taxes or not) and Tax ID without spaces
- Finally, the “Welcome” screen to the program will appear
Important: if you apply for the TikTok Creator Fund and are not accepted even though you meet the requirements, you can reapply after 30 days.
How Does TikTok’s Creator Fund Payment Work?
TikTok reports and calculates your Creator Fund earnings in U.S. dollars within 30 days after each month.
Creators can transfer funds to their Payment Account once they reach at least $50 and comply with the Creator Fund Terms. Transfers below $50 are only possible if TikTok approves. Unaccepted funds in the Payment Account for over 30 days may be forfeited.
Funds below the $50 threshold roll over to the next period. Creators must maintain a compliant, updated Payment Account. TikTok isn’t liable for transfer issues caused by account inaccuracies or non-compliance.
Note that TikTok can adjust payments if it detects artificial views or violations of their terms. In case of overpayment, creators must refund TikTok within 30 days of notification. TikTok may suspend payments for suspected fraudulent activity or non-compliance without prior notice.
How to Calculate the Money TikTok Will Pay You?
There is no specific calculation formula, but there are conditions that will influence the rewards for videos in the program.
- The country where they will be viewed. TikTok pays differently based on each country.
- The number of views
- The type of interactions
- Compliance with TikTok’s community standards
How to See the Money You’ve Earned on TikTok?
- Go to your TikTok profile.
- Click on the three vertical dots at the top.
- Enter the “AUTHOR” section.
- Go to the “TikTok Creator Fund Dashboard” section.
TikTok offers numerous educational resources to support and enhance the growth of its users on the platform. These resources include TikTok University, the Creator Portal, the Creator Center, and the TikTok News Newsletter, which are all designed to provide users with valuable information about maximizing their monetization potential on TikTok.
Remember: the money from the TikTok Creator Fund appears in the dashboard 3 days after the day of activation.
How and When Will TikTok Pay You?
First, you must generate a minimum of €50 with your videos, otherwise, you cannot withdraw any amount. Make sure you have your correct banking details (whether your Paypal or Wise account) so TikTok can transfer your earnings.
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