December 2, 2008, Tuesday, 336

Payee

From DBWiki

Jump to: navigation, search

A payee is a person, group or business that should be paid for their contribution to making or distributing a digital work. Some examples of payees are: creators, publishers, and sellers. For example; each band member in a group could be a payee, their label or publisher, an Internet Service Provider or even a non-profit organization that you support is a valid payee.

Each payee is just another participant on Bitmunk. Like you, payee's have financial accounts. They must provide their financial account ID to you if they want to receive royalties or payments of any kind. You have access to all of your financial account IDs via the Manage Accounts Page after you log into Bitmunk.