📌 Why USD?
1. 🌐 Global Industry Standard
The U.S. dollar is the default currency used in the global digital music industry.
Most major DSPs (Digital Service Providers) — including Spotify, Apple Music, Amazon Music, and more — process and pay out royalties in USD.
2. 🧾 Simplified Accounting
Using a single global currency allows us to:
Avoid confusion with exchange rates
Keep royalty reporting consistent
Ensure faster and clearer payouts
3. 💳 Payment Method Compatibility
Popular payment systems like PayPal, international bank transfers, and Stripe are fully optimized for transactions in USD, making the process smoother for artists worldwide.
📤 How Will It Show on Your End?
Your total royalties are calculated and paid in USD
If your bank or wallet uses a different currency, your provider will automatically convert the amount at the current exchange rate
UMW does not charge currency conversion fees — but your financial institution might
⚠️ Keep in Mind:
💬 Always check with your bank or e-wallet provider for any conversion or international transfer fees
📊 You can view your full payout history in USD under the Royalties or Reports section of the UMW Core platform
🌎 No matter where you're based, your earnings will always be paid in U.S. dollars
🎯 In summary:
UMW Recordings, Inc. pays in USD 💵 to guarantee fairness, consistency, and global compatibility.
Because your music deserves payments without borders. 🎧🚀💼