When will the wadiz settlement take place?

※ This guidance applies only to Korean manufacturers (manufacturers with Korean national business registration certificates).

✅ Settlement of Korean makers

The sole type of funding or preorder in Korea is divided into two installments: selected mountain and final settlement.

Among the preorders, 'special composition' and 'limited edition' types will be paid by collectively final settlement of 100% of the final settlement amount.

Wadiz's settlement payment date is every Monday, Wednesday, and Friday.

🔎 Funding / Free order_Korea sole type settlement
 

1. Within 5 business days from the end of the project, we will send you an e-mail about the selected production information to the maker's e-mail.
2. If there is no problem after checking the selected calculation statement, we will pay the selected calculation on the payment date (Monday, Wednesday, and Friday) that will return after the date of sending the selected calculation statement.
3. Based on the last delivery completion date, we will send the final settlement statement on +25 (+1 business days later).
4. As of the date of sending the final settlement statement, the final settlement will be paid on the following month, Wednesday, and Friday.
5. The final settlement can proceed only if you send the reward and enter the shipping information in the Maker Studio [Send/Refund Management] menu.
6. The completion date of the project delivery of an intangible reward (membership, subscription, license, etc.) or intangible and tangible combination reward is when it has been completed or expired.
7. In the case of intangible rewards offered in class/consultation, right to use/accommodation, among funding or preorder domestic types, the percentage of settlement payments varies depending on the amount achieved. 
   
   1) Accomplished amount less than KRW 10 million: 80% of the selected mountain and 20% of the final settlement 
   2) Accomplished amount of KRW 10 million or more: 60% of the selected calculation and 40% of the final settlement 
   3) Accomplished amount of KRW 50 million or more: 60% of the selected calculation, 20% of the second settlement (when the available means are provided), and 20% of the final settlement (when the available period expires) 

🔎 Preorder_ Special Configuration/ Limited Edition Type Settlement
 

1. Based on the last delivery completion date, we will send you the final settlement statement on +25 (+1 business days later).
2. The completion date of the project delivery of an intangible reward (membership, subscription, license, etc.) or intangible and tangible combination reward is when it has been completed or expired.
3. For original digital content such as e-book PDF file and class lecture VOD file, the final settlement details will be sent on +25th (+1 business day or later) as of the date of delivery of the reward file (e-mail, etc.) directly.
4. As of the date of sending the final settlement statement, the final settlement will be paid on the following month, Wednesday, and Friday.
5. Projects with special preorder configurations or limited-edition preorder types are not eligible for selected products. If you want to receive a selection fee in advance, like the fund and preorder type in Korea, you can apply for a selection service.
6. For the Seonjeongsan service, 60% of the payment completion will be paid in advance only for projects that are approved after application. The payment amount of Seonjeongsan Mountain may change depending on internal circumstances, so please refer to the Seonjeongsan Mountain Service Terms and Conditions for more information. (Terms and Conditions of Use of Pre-settlement Service)

🔎 Settlement process for projects that provide class/consultation, use/accommodation rights as rewards 

For projects that provide class/consultation, usage rights/accommodation rights as rewards, the settlement fee will vary if the recruitment amount is more than 50 million won.

In the case of a class/consulting/usage rights/accommodation rights reward project with a recruitment amount of 50 million won or more, 20% of the total settlement amount will be paid after the completion of the use of the reward or the expiration of the validity period available. Please refer to the contents below. 

• Funding/Freedomers Only in Korea
  • Selection calculation (1st settlement): 60% within 8 business days from the project completion date
  • 2nd settlement: 20% after 25 days from the completion date of provision of available means
  • Final settlement (third settlement): 20% after 25 days from the expiration date of the expiration of the validity period when the use of rewards is completed or available
     
• Preorder Special Configuration/Limited Edition
  • No selected production
  • 1st settlement: 80% after 25 days from the completion date of provision of available means
  • Final settlement: 20% after 25 days from the expiration date of the expiration of the expiration date of the use of rewards

※ This guidance applies only to global manufacturers (manufacturers with business registrations outside of Korea).

Note: For overseas makers who have officially registered business operators in Korea, including agencies, the above Korean maker settlement method will be applied the same.

✅ Settlement of global manufacturers 

※ Global Maker: Manufacturer with business license outside of Korea 

From projects submitted after June 1, 2026, the same settlement method as Korean makers will be applied. 

Settlement will be made via Stripe or Pingpong Payments service. 

🔎 Settlement Process

1. After the project's end date, it takes five business days to send the selected calculation statement. You can also check the statement of settlement on the 'Maker Studio - Settlement Details' menu.
2. After the issuance of the settlement statement, the selected payment will be deposited according to the "settlement schedule" below.
3. Please process the shipment in the 'Maker Studio - Shipment/Refund Management' menu so that Wadiz can check the reward delivery status.
4. Once all the rewards have been delivered, we will start the final settlement.
5. After the delivery completion date, it will take 35 business days to send the final settlement statement. 
   1. After the 25-day refund period ends after the delivery completion date, the settlement statement will be sent within 10 days.
   2. You can also check the statement of settlement on the 'Maker Studio - Settlement Details' menu.
6. After the issuance of the settlement statement, the final settlement amount will be deposited according to the "settlement schedule" below. 
   
    

🔎settlement schedule

• Wadiz makes a weekly settlement to a maker who has a business license outside of Korea.
• The schedule below is based on Korean time, and if Wednesday is a public holiday, the settlement will be paid on the next business day.
• settlement schedule
  • Target: Project with statement of settlement issued between Monday and Friday

  • Payment date: Wednesday the week after the statement was sent

     

ex) Example of settlement schedule

• 2026.05.04 (Monday): Project Termination
• 2026.05.11 (Monday): Sent the statement of production in Seonjeong
• 2026.05.20 (Wed): Payment of settlement in advance
• 2026.06.01 (Monday): Rewards Delivery Completed
• 2026.06.26 (Fri): End of refund period
• 2026.06.29 (Monday): Send final settlement statement
• 2026.07.08 (Wed): Final settlement payment

The above contents will be implemented from the project submitted on June 1, 2026.