Settlement
Settlement is a process that must be understood for service operations and revenue management. This document outlines the flow from registering settlement information to actually receiving revenue. If you understand the settlement structure in advance, you can manage everything at once, from revenue checks to issuing tax invoices and payment schedules.
Register settlement information
Register settlement information at the path below.
My Workspace → Partner Info → Settlement Information
All settlements are processed by business entity, not by app. If you operate multiple apps under one business entity, the revenue and costs of each app are combined for settlement. So revenue from a specific app is not deposited separately; instead, the final settlement amount is calculated based on the business entity's overall revenue and costs.
In-app ad settlement structure
In-app ad revenue is settled after deducting ad delivery costs and Apps in Toss fee.
Operating fees such as ad delivery costs
Apps in Toss uses an external mediation platform and Toss Ads to deliver ads. In this process, about 30% of ad revenue is deducted as operating expenses.
External mediation platform
When ads are delivered through an external mediation platform, the amount excluding the platform fee becomes ad revenue.
₩10,000
₩7,000
₩700
If some ad revenue cannot be accurately aggregated by media due to external platform circumstances, it is settled separately for each partner company according to the day's revenue share.
(Daily ad media revenue total per partner company / daily total lost revenue) * daily lost revenue total = daily lost ad media revenue per partner company
Toss Ads
When ads are delivered via Toss Ads, the amount after deducting 30% operating expenses from ad revenue (including VAT) becomes ad revenue.
₩11,000
₩7,700
₩770
Apps in Toss fee (15%)
An additional 15% Apps in Toss fee is deducted from ad revenue. This fee is the cost for ad agency service. A fee-waiver promotion is currently underway. It may be changed later after separate notice.
Final settlement amount
The final settlement amount is calculated based on the criteria below.
The amount obtained by adding ad revenue (Google AdMob, Toss Ads) and the VAT on it
minus the Apps in Toss fee and VAT on the fee
₩14,700
₩1,470
₩2,205
₩221
₩13,774
Ad revenue must be reported as the partner company's revenue. VAT on ad revenue is paid together with the settlement amount.
Settlement process
For corporate members, payment is made on the last day of the following month, calculated in business days, through the invoice approval process for the final income amount.
Income payment process
Revenue generated in the current month
Settlement details are finalized on the 2nd business day of the following month, and a reverse-issued tax invoice is issued from Toss
Approve the reverse-issued tax invoice by the 10th business day of the following month
Approved amount paid on the last day of the following month, calculated in business days
Income payment may be deferred for the reasons below.
If approval was not completed by the tax invoice approval deadline, or if reapproval was not completed within the deadline after rejection of the tax invoice
If payment fails due to insufficient supporting documents, account unavailability, etc. during the actual payment process
Settlement during business registration grace period
Revenue continues to accumulate normally even during the business registration grace period.
To receive settlement for the current month's revenue, business registration and settlement information registration and approval must be completed by the end of the current month.
Example: For settlement amount generated in January, approval is required by midnight on January 31.
Accumulated settlement amount during the grace period is paid at the end of the month following the month in which business registration is completed.
Example: If settlement amount was generated in January, and business registration and settlement information registration were completed on February 15, then the January and February settlement amounts are combined and paid at the end of March.
If the business registration grace period continues and 12 months have passed with settlement payment withheld, Apps in Toss may pay the entire carried-over settlement amount to the partner company without late interest.
Apps in Toss may pay the remaining settlement amount only for revenue that can be used to issue and approve tax invoices and file VAT returns. If necessary information such as a settlement account is not provided, payment continues to be deferred.
The statute of limitations for settlement receivables is calculated from the time the receivable arises, not from the time of business registration and settlement information registration. In addition, Apps in Toss has no obligation to pay late interest for the settlement payment deferral period.
If the revenue to be settled is 5,000 won or less, it is carried over and accumulated in the next month. For general taxpayers/simplified taxpayers, please select directly in the console. Settlement is processed according to the configured information, and the business type cannot be changed after settlement is finalized.
Settlement guide by business type
The settlement method is automatically determined according to the business type set in the console. Before settlement, please make sure that your business type is correctly set in the console.
General taxpayer
Settlement is processed based on tax invoice issuance.
Tax invoices are processed only through reverse issuance approval, and Popbill account registration and a certified certificate are required for smooth processing.
Direct issuance is no longer supported, and items processed as direct issuance are excluded from ad revenue payout.
If it was issued as direct issuance, please cancel the direct issuance and reprocess it with reverse issuance approval.
Simplified taxpayer
Settlement amount for ad revenue is paid without issuing a tax invoice.
After receiving the settlement amount, please issue a cash receipt for business expense proof directly in Hometax.
Liability for failure to issue, delayed issuance, or issuance with false information of cash receipts lies with the partner company.
If a cash receipt is not issued for over 2 months for ad revenue that has been settled, ad delivery may be temporarily suspended.
If you need to change your business type
Please contact Channel Talk.
Settlement is processed based on the console settings for the current month, so if you do not change it in the settlement month, it will not be reflected for that month.
Tax invoice issuance
VAT related to in-app ads is two typesthere are. For each type, tax invoice issuance methods are different,please make sure to check the details below.
1) VAT on ad revenue
VAT on ad revenue is Toss issues a reverse-issued tax invoice to the partner company. The partner company must approve through Popbill for the tax invoice to be finally issued.
By 3:00 PM on the 2nd business day of each month: for reverse-issued tax invoices approval request emailsent
Approval deadline is by the 4th business day of each month.
If not approved within the deadline settlement payment is deferred.
If reverse issuance is not approved within the deadline more than 2 times occurs, mini app operation may be suspended.
For the approval method, please refer to the (Attachment) How to approve reverse-issued tax invoices.
For tax matters other than reverse-issued tax invoice approval, support and operation are not available. Please review the attached [Toss] Popbill Reverse-Issued Tax Invoice Guide Manualand then proceed with settlement.
※ VAT on ad revenue is not paid separately; it is included and paid together with the settlement amount when the settlement amount is paid.
2) Apps in Toss fee VAT
VAT on Apps in Toss fee is Toss deducts it in advance.
Tax invoice is issued directly by Toss.
Tax invoice is issued within 3 business days of each month.
In-app payment settlement structure
In-app payments incur both app market fees and Toss fees. During the CBT period, Toss fee 0% applies temporarily.
Fee composition
App market fee: 15% or 30% of supply price
Currently 15% applies.
It may change to 30% if total revenue increases.
Toss fee: 5% of payment amount
The amount paid by the app market, excluding Toss fee and VAT, is paid to the partner company.
App market settlement amounts are converted to KRW by applying the month-end exchange rate based on the first announced exchange rate of the Seoul Money Brokerage Services base rate.
Apple
Payment amount (including VAT)
(-) App market fee (VAT included)
(-) Toss fee
(-) VAT on Toss fee
(=) Partner company settlement amount
₩11,000
₩1,650
₩550
₩55
₩8,745
Payment amount (including VAT)
(-) App market fee
(-) Toss fee
(-) VAT on Toss fee
(=) Partner company settlement amount
₩11,000
₩1,500
₩550
₩55
₩8,895
Settlement schedule
Settlement amount payment: app market (
App Store) within 3 business days from the day the amount settled by Toss is depositedExample:
The app market pays May settlement amount to Toss (6/5)
Toss pays May settlement amount to partner company within 3 business days (~6/8)
You can check it in Apps in Toss Console > Mini App > left Revenue menu > In-app Payment > Settlement Details.
Tax invoice
Apple fees incur VAT. Toss issues the tax invoice on behalf of Apple.
VAT on Toss fees is deducted in advance by Toss before issuance.
Tax invoice issuance
For in-app payment settlements, tax invoices are divided based on Apple fees and Toss fees.
VAT on Apple fee
Google in-app payments do not have separate VAT.
Apple incurs VAT on the market fee (15% or 30%).
Apple does not issue tax invoices directly to partner companies. So Toss issues them on its behalf.
VAT on Apple fee is deducted first from Apple's settlement amount.
The deducted VAT can be refunded later.
VAT on Toss fee
VAT on Toss fee is deducted in advance by Toss when the settlement amount is paid.
Toss issues the tax invoice directly.
Cash receipt
For payments made with Google gift cards, the partner company is obligated to issue a cash receipt within 5 days of the payment date.
After December 1, 2025, Toss will issue cash receipts on your behalf. You do not need to issue them separately.
The amount issued on behalf by Toss can be checked in Apps in Toss Console > In-app Payment > Settlement Details.
After checking whether each order was paid with a gift card, please issue or cancel the cash receipt according to the payment status.
Payment method information is updated 1-2 days after payment.
Refund cases not included in the settlement amount due to app market forced cancellation, etc. must be treated as completed payments. In this case, you must not cancel the cash receipt. Please also refer to the settlement report provided at the beginning of the following month.
When a payment is refunded, the cash receipt for that payment is also canceled. This amount is deducted from the monthly aggregated amount.
Cash receipt issuance and cancellation details may be reflected in the aggregation about 3 business days after the payment date or refund date, according to the National Tax Service processing schedule.
Settlement structure for overseas partner companies
An overseas partner company refers to a partner company registered as a business outside Korea. Overseas businesses use invoices instead of tax invoices.
Revenue is aggregated in KRW.
Settlement amounts are generally paid in USD, applying the first officially announced exchange rate of Hana Bank on the transfer date.
If you want to receive settlement amounts in KRW, you must register a Free Won account when registering the business partner.
When settlement amounts are paid in USD, transfer fees apply.
Toss bears the transfer fees incurred in Korea.
The partner company bears the fees incurred in overseas segments.
If you need to change how transfer fees are borne, you can discuss it separately with Apps in Toss.
Biz Wallet
Biz Wallet is a balance preloaded in Toss to run promotions.
It is used when paying Toss Points in promotions or sending ad pushes.
Currently, it can only be topped up with a credit card (including corporate cards).
Usage details
Usage details can be checked in real time with the following information in My Workspace > left Biz Wallet menu.
Current month top-ups, refunds, usage, and repayments history
Amount currently available for use
Please note the following regarding usage details.
Usage items are updated when the marketing is registered. Whether the user actually received the points is checked in the invoice.
Refund items are the difference between the budget expected at the time of marketing registration and the budget actually used. They are refunded within up to 1-2 days after the marketing ends.
The currently available amount is
top-up amount - (refund amount + used amount) + refunded amountcalculated as. Since this amount is based on usage amount rather than actual usage amount, it may differ from the invoice amount.
Invoice
You can check the invoice in My Workspace > left Biz Wallet menu > View Invoice. In the invoice, you can check the monthly settlement details, and it is updated between the 1st and 2nd day of the following month.
Current month top-ups, refunds, actual usage history
Opening balance and closing balance
Promotion (Toss Points)
Billing structure
When you register a promotion, the set budget is first deducted from Biz Wallet.
When the promotion ends, it is recalculated based on the actual budget used, and any remaining amount is automatically refunded.
Toss Points are points provided free of charge. Therefore, VAT and tax invoices do not occur.
Ad push fee
Billing structure
Ad push costs are calculated in two stages.
When registering a push
Expected send count × fee per senddeducted first from Biz Wallet based on.When the actual sending is completed
Successful send count × fee per sendrecalculated based on. At this time, the difference is automatically refunded.Currently, the fee per send is ₩0. If a fee is charged in the future, we will notify you in advance.
Example
100
₩9
₩0.9
₩9.9
₩990
Tax invoice issuance
Tax invoices for ad push costs are calculated based on the number of successful sends. Tax invoices are issued by the 3rd business day of each month.